Business
Global hotel chains in big push into Nairobi market
An artist’s impression of the front view of Upper Hill Hotel. Picture: Courtesy
Posted Sunday, June 26 2011 at 08:44
Projections by the Ministry of Tourism show Kenya will record three million arrivals in next three years.
Tourist numbers hit an all time high of 1.1 million in 2010 earning the country 73.7 billion ($838 million). This was above 2007’s record performance earning the country $741 million. The earnings fell to $591 million in 2008 following the post-election violence but rose to $709.1 million in 2009.
To increase capacity, Kenya is also expected to include the private sector in its plans to build a $11.4 million international conference facility in Mombasa from next year. The 3,000-capacity conference facility on a 10-acre piece of land is anticipated to boost Mombasa’s profile as a business tourist destination.
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A testimony that I do not live in a failed State. What we have here are governance challenges that can be sorted out!
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Very impressive this is a big boost for Nairobi,Kenya and East Africa it shows that investors still have a lot of faith in the economies of this region.
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All things been equal, how can 1 room in Nyeri cost Kshs. 375K, and in Nairobi cost Kshs. 157K? Anyway, all these upcoming hotels are very good for Kenya, and I applaud the investors.
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