African Sun Takes Full Control of Victoria Falls Hotel

African Sun has purchased the remaining 50% stake in Victoria Falls Hotel from Meikles, gaining 100% control of the iconic 1904 resort, as reported by New Zimbabwe. The acquisition consolidates African Sun's dominance in Zimbabwe's hospitality sector after years of joint ownership. The hotel, known as the Grand Old Lady of the Falls, is the oldest and most iconic resort in the region. African Sun now faces the challenge of maintaining the hotel's heritage status while competing with newer luxury developments. The firm must balance preservation with modernization to attract high-end tourists, testing its operational strategy in a competitive market.