Sharp Daily
No Result
View All Result
Wednesday, February 18, 2026
  • Home
  • News
    • Politics
  • Business
    • Banking
  • Investments
  • Technology
  • Startups
  • Real Estate
  • Features
  • Appointments
  • About Us
    • Meet The Team
Sharp Daily
  • Home
  • News
    • Politics
  • Business
    • Banking
  • Investments
  • Technology
  • Startups
  • Real Estate
  • Features
  • Appointments
  • About Us
    • Meet The Team
No Result
View All Result
Sharp Daily
No Result
View All Result
Home News

The Hospitality Industry Shivered by Weekly protests

Dennis Otsieno by Dennis Otsieno
March 24, 2023
in News
Reading Time: 2 mins read
Kenya-Tourism

Kenya -Tourism .Photo/[Courtesy]

Weekly demonstrations by the Azimio La Umoja One Kenya Alliance are likely to hurt the tourism sector. This comes after concerns that some international tourists who were already in the country for holiday had started seeking exits after the Monday demonstrations despite the coast region, the country’s leading holiday destination, remaining relatively calm.

On Monday, Nairobi hotels recorded cancellation of conferences and meetings even as Deputy President Rigathi Gachagua indicated at least Kshs 2.0 billion had been lost in the economy.

Read: Analysis Of The Kenya Tourism Performance Report-2022

The tourism ministry had last month projected a stronger performance this year, after a rebound on international arrivals, which grew by 70.5 percent to 1.5 million visitors, up from 870, 465 the previous year.

RELATEDPOSTS

Rallying Naivasha: How Safari Rally 2025 drives tourism and growth

March 20, 2025

Kenya eyes 3 Million visitors by 2025 with innovative tourism strategies

December 20, 2024

The Tourism Research Institute (TRI) report attributes the growth to the reopening of the economy and accommodation facilities, which were temporarily closed as a result of the Covid-19 pandemic.

This year, TRI has projected international arrivals will hit a record 2.3 million with an estimated revenue of Kshs 425.4 billion, up from Kshs 268.1 billion.

Read: Businesses Count Losses as Azimio Protests rock Nairobi and Kisumu

Meanwhile, hoteliers are banking on the domestic market to continue supporting the industry, with optimism of good business over the Easter holidays.

The tough economic times amid high inflation, both locally and other global markets, however remains a concern for industry players, who are worried households could be forced to cut on travelling and holiday spending.

Kenyan households have been battling a high inflation, which increased to 9.2 percent last month, up from 9.0 percent in January mainly on increased food and commodity prices.

Political instability could however dampen the sector going forward. Opposition chief Raila Odinga has announced that the Azimio La Umoja One Kenya Alliance will carry out mass protests twice a week, a move that has sent shivers across the hospitality industry.

Email your news TIPS to editor@thesharpdaily.com

Previous Post

Parliamentary Committee on Public Petitions Tours Cytonn’s Real Estate Projects

Next Post

KMRC Partners with Cooperative Bank to offer low rate Mortgages

Dennis Otsieno

Dennis Otsieno

Related Posts

News

Kenya’s demand for Starlink subscriber data raises privacy and security debate

February 18, 2026
News

How mobile Investors, a stable shilling and rate cuts are powering the NSE’s record wealth surge

February 16, 2026
News

Jumia Cuts 2025 Losses by 38.0% as Market Exits and Cost Discipline Drive Path to Profitability

February 13, 2026
News

Embedded Finance: The invisible force reshaping banking

February 13, 2026
News

Ziidi Trader, CDSC Accounts and the Recalibration of Retail Market Intermediation in Kenya

February 13, 2026
Analysis

CBK 10th rate cut: A simple breakdown for everyday kenyans

February 13, 2026

LATEST STORIES

Starlink users in Kenya face service cut off over new ID demand

February 18, 2026

Kenya’s demand for Starlink subscriber data raises privacy and security debate

February 18, 2026

Proposed Two-Pot pension system aims to balance flexibility and retirement security

February 17, 2026

How mobile Investors, a stable shilling and rate cuts are powering the NSE’s record wealth surge

February 16, 2026

State races to raise Sh106.3 billion from Kenya Pipeline Company IPO as uptake slows

February 16, 2026

Jumia Cuts 2025 Losses by 38.0% as Market Exits and Cost Discipline Drive Path to Profitability

February 13, 2026

Strengthening accountability to break Kenya’s corruption cycle

February 13, 2026

Soros backed Delta40 raises Sh2.6 billion to expand funding for African startups

February 13, 2026
  • About Us
  • Meet The Team
  • Careers
  • Privacy Policy
  • Terms and Conditions
Email us: editor@thesharpdaily.com

Sharp Daily © 2024

No Result
View All Result
  • Home
  • News
    • Politics
  • Business
    • Banking
  • Investments
  • Technology
  • Startups
  • Real Estate
  • Features
  • Appointments
  • About Us
    • Meet The Team

Sharp Daily © 2024