Blantyre, Malawi: Potential Opportunities for Investors - Millennium ...
Blantyre, Malawi: Potential Opportunities for Investors - Millennium ...
Blantyre, Malawi: Potential Opportunities for Investors - Millennium ...
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26 <strong>Blantyre</strong>, <strong>Malawi</strong>: <strong>Potential</strong> <strong>Opportunities</strong> <strong>for</strong> Investment<br />
Hotels<br />
Pricing of the top hotels is in the range of US$120–240 per night <strong>for</strong> an<br />
accommodation that would typically qualify as four star in most international locations.<br />
Leading hotels in <strong>Blantyre</strong>: number of rooms and room rates<br />
Hotel Number of<br />
rooms 2007 1<br />
Room rates<br />
2007 (US$) 2<br />
Sun Bird Mount Soche 132 140–240<br />
Protea Ryalls Hotel 120 120–200<br />
<strong>Malawi</strong> Sun Hotel 42 82–100<br />
Hotel Victoria 49 82–137<br />
Superior Hotel 41 65–90<br />
Dorvic Hotel 36 75–125<br />
Shire Highland Hotel 40 62–96<br />
Mount Pleasant Inn 10 95–140<br />
Pedro Grill Lodge 08 70–102<br />
Chilembwe Lodge 34 50–90<br />
1 <strong>Malawi</strong> Tourism Report, 2008<br />
2 KPMG in <strong>Malawi</strong> interview programme<br />
Events<br />
Conferences, weddings and other events contribute to almost 25 percent of the<br />
revenues of hotels. Conference facilities are limited in <strong>Blantyre</strong>. Currently there<br />
are about nine large conference centres including COMESA hall, a standalone<br />
conference centre with a maximum capacity of 1,000. The pricing of a conference<br />
centre varies with the location.<br />
Leading conference centres in <strong>Blantyre</strong>: capacity and typical rates<br />
Hotel Capacity<br />
(2007)<br />
Rates 2007<br />
(US$)<br />
Sun Bird Mount Soche 500 28 per person<br />
Protea Ryalls Hotel 100 38 per person<br />
<strong>Malawi</strong> Sun Hotel 150 25 per person<br />
Superior Hotel 30 140 per day<br />
Dorvic Hotel 50 70 per day<br />
Shire Highland Hotel 240 11 per person<br />
Mount Pleasant Inn 20 175 per day<br />
COMESA Hall 1,000 1,800 per day<br />
Sources:<br />
KPMG in <strong>Malawi</strong> interview programme<br />
© 2009 KPMG International. KPMG International is a Swiss cooperative. Member fi rms of the KPMG network of<br />
independent fi rms are affi liated with KPMG International. KPMG International provides no client services. No member fi rm<br />
has any authority to obligate or bind KPMG International or any other member fi rm vis-à-vis third parties, nor does KPMG<br />
International have any such authority to obligate or bind any member fi rm. All rights reserved