<p>The Royal Livingstone Zambia Hotel by Anantara&nbsp;is made up of 17 colonial-style buildings and boasts 173 rooms.&nbsp;The Royal Livingstone Zambia Hotel by Anantara</p>

Hotel insider: The Royal Livingstone Victoria Falls Zambia Hotel by Anantara



The welcome

There are a couple of different ways to get to the Zambian resort from Livingstone's Harry Mwanga Nkumbula International Airport – by road, river or air. My mode of transport on this occasion is via a safari boat, which involves a leisurely cross of the Zambezi River, capturing glimpses of the spray from the famous Victoria Falls in the distance. After about 20 minutes, the boat pulls up at back of the five-star property, where I'm met and guided through the expansive grounds to the reception area. I sip on a juice during check-in, and before too long, it's off to the room in a buggy, with a dedicated butler taking care of the bags and the room introduction.  

The neighbourhood

Positively African. It's not uncommon to find zebras grazing near your front porch or giraffes munching away during your walk to breakfast. The Royal Livingstone sits within the 46-hectare Unesco World Heritage-­listed Mosi-Oa-Tunya National Wildlife Park, which ­fringes the Zambezi River. The 173-room hotel is a short walk from the entrance to Victoria Falls, and offers views of the river and the most expansive curtain of water in the world. Access to the falls is free for guests of the Royal Livingstone and the neighbouring Avani property. Livingstone town is 15 minutes away.

The room

This colonial-style resort offers guests a choice of four room categories. I stay in a deluxe room on ground level, the standard. It's compact yet cosy, and has a private terrace that offers views of the river (or in some cases garden views). The room has a king bed, a single sofa and a well-appointed bathroom, with tub and walk-in shower with marble bench. The toiletries on offer are limited, but mosquito repellent is supplied, which is appreciated, given the environment here. A word of warning: don't leave the terrace doors open for long, because the monkeys are enterprising.

The service

Interactions with staff typically involve big smiles, and no request is a problem. Each room has its own assigned butler who is on hand 24/7. Dining staff across the property are attentive without being overbearing, but there are quite a few food items unavailable during my stay (such as gluten-free flour and salmon), which is disappointing given the location and having alerted the property to my gluten-free dietary requirements well in advance.

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The scene

Family-friendly and relaxed. First-time visitors to Africa will find this an eye-opening introduction. After all, who doesn't want to share their surrounds with some of the country's most popular four-legged residents. There are some great spots across the property to watch the river gush past, while the best place to enjoy a sundowner is The Sundeck, right on the banks of the Zambezi (prices start from 121 Zambian kwacha [Dh43]). There is plenty of space for children to run around and guests are able to access the Avani kids' club.

The food

Between The Royal Livingstone and the adjoining Avani property, there are plenty of options for keeping your meal experiences interesting. The Mikuni Boma village experience is one not to be missed, but it's only on Friday evenings. Here, everyone dines together, fireside, feasting on Zambian buffet fare (grilled meats and spiced dishes), entertained by traditional dancers, at a cost of 360 kwacha (Dh130) per person.

The Royal Livingstone Dining Room is the property’s a la carte restaurant, open all day for breakfast, lunch and dinner. Breakfast is a comprehensive affair, with plenty of the usual hot and cold offerings found at most resorts. For me, the fruit selection, the lack of key ingredients and the temperature of the coffee served could have been better.

For a special occasion, book yourself a table on the Royal Livingstone Express (1,929 kwacha [Dh697])– the hotel's restored steam locomotive that accepts guests on Mondays, Wednesdays and Sundays, but book well in advance because it sells out quickly. Dining by Design is a more romantic experience, with a choice of four spots across the property, from 1,287 kwacha (Dh465) per person.

Loved

Being able to access Victoria Falls as many times as I want between 6am and 6pm daily, and that the riverside spa tent had a mirror under the bed, so while lying face down during the treatment, I could still enjoy the river views.

Hated

A persistently rickety toilet seat in my room. I did report it, but to no avail.

The verdict

A well-positioned resort suitable for couples and families that offers African safari vibes with Unesco World Heritage appeal.

The bottom line

Rooms at The Royal Livingstone Victoria Falls by Anantara (www.anantara.com) cost from 6,635 kwacha (Dh2,398) per night, including breakfast, taxes and Wi-Fi. Water arrivals cost from 587 kwacha (Dh212) per person.

COMPANY PROFILE
Name: HyperSpace
 
Started: 2020
 
Founders: Alexander Heller, Rama Allen and Desi Gonzalez
 
Based: Dubai, UAE
 
Sector: Entertainment 
 
Number of staff: 210 
 
Investment raised: $75 million from investors including Galaxy Interactive, Riyadh Season, Sega Ventures and Apis Venture Partners
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Mercer, the investment consulting arm of US services company Marsh & McLennan, expects its wealth division to at least double its assets under management (AUM) in the Middle East as wealth in the region continues to grow despite economic headwinds, a company official said.

Mercer Wealth, which globally has $160 billion in AUM, plans to boost its AUM in the region to $2-$3bn in the next 2-3 years from the present $1bn, said Yasir AbuShaban, a Dubai-based principal with Mercer Wealth.

Within the next two to three years, we are looking at reaching $2 to $3 billion as a conservative estimate and we do see an opportunity to do so,” said Mr AbuShaban.

Mercer does not directly make investments, but allocates clients’ money they have discretion to, to professional asset managers. They also provide advice to clients.

“We have buying power. We can negotiate on their (client’s) behalf with asset managers to provide them lower fees than they otherwise would have to get on their own,” he added.

Mercer Wealth’s clients include sovereign wealth funds, family offices, and insurance companies among others.

From its office in Dubai, Mercer also looks after Africa, India and Turkey, where they also see opportunity for growth.

Wealth creation in Middle East and Africa (MEA) grew 8.5 per cent to $8.1 trillion last year from $7.5tn in 2015, higher than last year’s global average of 6 per cent and the second-highest growth in a region after Asia-Pacific which grew 9.9 per cent, according to consultancy Boston Consulting Group (BCG). In the region, where wealth grew just 1.9 per cent in 2015 compared with 2014, a pickup in oil prices has helped in wealth generation.

BCG is forecasting MEA wealth will rise to $12tn by 2021, growing at an annual average of 8 per cent.

Drivers of wealth generation in the region will be split evenly between new wealth creation and growth of performance of existing assets, according to BCG.

Another general trend in the region is clients’ looking for a comprehensive approach to investing, according to Mr AbuShaban.

“Institutional investors or some of the families are seeing a slowdown in the available capital they have to invest and in that sense they are looking at optimizing the way they manage their portfolios and making sure they are not investing haphazardly and different parts of their investment are working together,” said Mr AbuShaban.

Some clients also have a higher appetite for risk, given the low interest-rate environment that does not provide enough yield for some institutional investors. These clients are keen to invest in illiquid assets, such as private equity and infrastructure.

“What we have seen is a desire for higher returns in what has been a low-return environment specifically in various fixed income or bonds,” he said.

“In this environment, we have seen a de facto increase in the risk that clients are taking in things like illiquid investments, private equity investments, infrastructure and private debt, those kind of investments were higher illiquidity results in incrementally higher returns.”

The Abu Dhabi Investment Authority, one of the largest sovereign wealth funds, said in its 2016 report that has gradually increased its exposure in direct private equity and private credit transactions, mainly in Asian markets and especially in China and India. The authority’s private equity department focused on structured equities owing to “their defensive characteristics.”

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COMPANY PROFILE
Name: Almnssa
Started: August 2020
Founder: Areej Selmi
Based: Gaza
Sectors: Internet, e-commerce
Investments: Grants/private funding
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