Grand Hyatt Enters Zimbabwe to Revive Closed Victoria Falls Hotel

Hyatt Hotels Corporation signed a management agreement with Albwardy Investments to debut the Grand Hyatt brand in Zimbabwe. The Zimbabwe Gazette reported that the luxury brand will take over and extensively renovate the closed Kingdom Hotel in Victoria Falls, with an expected opening in late 2027. The property closed previously due to lease disputes and economic instability, leaving a prime tourism asset vacant. This high-profile entry signals renewed international investor confidence in Zimbabwe's luxury hospitality sector. However, the project's long-term viability remains vulnerable to the country's unpredictable currency fluctuations and infrastructure deficits.