Meikles Hotel

The ASB Hospitality (Zimbabwe) run Meikles Group has said its financial stability remains strong with cash and bank balances amounting to more than US$19 million at the end of December 2022.
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Harare’s five-star Meikles Hotel has begun the first phase of a multi-million-dollar refurbishment programme, featuring a significant renovation and redesigning of most public areas and thereafter the hotel’s south wing.
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Top flamboyant Harare hotel Meikles is operating without air conditioning in rooms due to electrical faults that developed in the Central Business District (CBD).
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HARARE- The Ministry of Finance has hit back at press reports that minister Professor Mthuli Ncube stayed at Meikles Hotel for over two years resulting in the Government paying over US$200 000 in hotel bills.
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Meikles Hospitality’s disposal of its flagship hotel, Meikles Hotel, has now passed the approval stage as all regulatory approvals have been completed with processes underway to consummate the transaction.
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The disposal of Meikles Hotel to ASB Hospitality (Zimbabwe) (Private) Limited is fast approaching its conclusion with a proposal to sell the hospitality concern for a combined US$20 million being tabled.
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Dubai-based Albwardy Investments said on Friday it would buy Zimbabwe’s Meikles Hotel for $20 million and would upgrade what is one of the southern African nation’s most well-known establishments.
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Meikles Limited said on Friday it requires at least US$30 million to modernise its prime Harare hotel, which the group is in the process of selling to a Dubai based company.
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Zimbabwe’s world acclaimed five-star hotel, Meikles Hotel, is set to change hands after the Competition and Tariff Commission (CTC) approved its sale to Albwardy Investment, a Dubai-based entity.
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Over the years, Harare’s five-star Meikles Hotel has had a number of dining venues within its walls, and its reputation for culinary excellence has long been a fact.
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