Finding a place to sleep in Mozambique for less than $250 per night generally entails staying in a local bed & breakfast (still around $120 per night), or at a guesthouse in someone’s backyard. High prices have however not lowered occupancy rates. Instead, high demand, largely due to a booming energy industry, begs for more hotel development.
The industry could definitely use a ‘value’ hotel chain. Value, to me, means a hot shower, no mosquito nets, a comfy bed and good internet at a price equal to, or less than, $150. Not exactly value in most cities, but it works effectively in Mozambique, and means returns.