Times Of Swaziland: ... PEAK HOTEL RECRUITS ROYAL SWAZI EX-MANAGER ... PEAK HOTEL RECRUITS ROYAL SWAZI EX-MANAGER ================================================================================ Mfanukhona Nkambule on 26/11/2023 15:18:00 The new Piggs Peak Hotel operator has introduced Rainold Petersen, who managed the Royal Swazi Spa Convention Centre from 1982 to 1986 as the new General Manager of the hotel. Petersen, a veteran in the hospitality industry, is the owner of Chaplin’s Grill in Sandton, South Africa. He has been the sales ambassador of Nemchem and director of Cellar d’Or. He was the restaurant manager for Hotel Zum Schloss Freiburg in Germany in 1982 and also worked for the Vineyard Hotel & Spa in 1983. He was a buyer at Holiday Inn/Crown Plaza Frankfurt, Germany from 1979 to 1981. He was also a night manager at Holiday Inn Hotel Paris PdV. “He’s the right man for the job. He has vast experience in the hotel industry,” O’Leary said of Petersen. Petersen, in an interview, said he was very excited to return to Eswatini, recalling how he served guests for His Majesty King Mswati III during his coronation in 1986. After leaving the country in 1986, he said he went to Cornell University in New York for postgraduate studies. ensure Back to O’Leary, the CEO, he said there was a need to set aside money to ensure the hotel acquired the four-star status. He said they would invest in energy system and reduce consumption by 50 per cent. He added that they had shared the vision of Pigg’s Peak Hotel with business executives, CEOs, police, officials and other people. He said they assured them of responsible tourism. TFPD has a foundation. It is a not-for-profit entity. It was established to provide an accountable, legal vehicle for acquiring and dispensing funds to the communities, whose lodges TFPD manages and markets. The purpose of the foundation is to source financial and volunteer support for specific projects to uplift and empower TFPD’s community partners with a specific focus on its four pillars of involvement in rural economic activity and community life. The four pillars are as follows: * Adult training and skills development in areas such as hospitality, English language tuition, computer literacy, and various forms of guiding. * Job creation projects and set-up of micro-businesses to grow tourism in and around the lodges. * Community projects with social, educational and/or health impact. * Refurbishment of community-owned tourism properties/assets. In March 2023, Moses Vilakati, the former Minister of Tourism and Environmental Affairs, told a Senate meeting that TFPD is an award-winning organisation. He said he was confident that they would do a great job. He mentioned that the new management’s operations would begin on April 1, 2023. The former minister said TFPD had been given 60 months to operate the hotel. In the recent past, the hotel was marred by several issues including protests by employees who were demanding a salary increase. compared According to the hotel’s quarterly report from January 2023 to March 2023, the Public Enterprise Unit (PEU) reported that there was a 15 per cent decline in revenue when compared to last quarter. This report was compiled before the takeover by TFPD. It is said that operational expenses for the quarter were E4.59 million compared to E4.45 million in the last quarter. It is stated in the report that the hotel did not achieve the projected revenues and there was a 25 per cent variance between the projected and actual revenue. During the quarter under review, the hotel recorded a loss of E0.005 million and it was attributed to the decline in income. Total revenue was E4.60 million compared to E5.89 million in the last quarter. Busangani Mkhaliphi, the PEU Director, commented that the hotel and casino recorded a loss of E0.005 million against a profit of E0.39 million derived in the last quarter. She attributed the loss to a 15 per cent decline in income, while operational expenses increased by three per cent. Mkhaliphi encouraged the hotel to cut down on its expenditure so that it could realise profits and improve its financial position. Since the casino operational issues have been resolved, it is anticipated that the entity will now perform better, as these issues impacted negatively on performance. It must be said that the casino is not yet operational. However, it was learnt that negotiations with an operator were ongoing.