Business, Investment & infrastructure
Global Hotels to set up in Kenya as
Tourism outlook projected to Grow
By Samwel Doe Ouma
@samweldoe
Kenya tourist market rebounded in
2016 following four years of decline as
international hotel brands plan to open
hotels in Kenya during the next five years,
Hotel Outlook 2017-2021 advisory report
reveals.
A
ccording
to
the
latest
PriceWaterHouseCoopers (PWC) Africa
Insights, 13 new hotels are expected
to commence operations in Kenya by 2021,
adding 2 400 rooms and expanding the
hotel capacity by 13 percent with a 2.5 per
cent compound annual increase in available
rooms over the next five years.
International hotels like Sheraton,
Ramada, Hilton, Best Western, Radisson,
Marriot and Mövenpick are among the
international brands scheduled to open
branches in Kenya.
The report attributes increased tourist
numbers to lifted travel advisories earlier
issued by France, United States and the UK.
According to the report, visits to Kenya
rose to 1.31 million in 2016 up from 1.18 million
in 2015, creating demand for bed space.
22
“We project guest nights to build on their
recent momentum and rise at a 4.1 percent
compound annual rate during the next five
years,” the PWC report says.
The PWC Outlook report reveals that the
average room rate edged up 2.2 per cent in
2016 and room revenue grew 4.9 per cent.
The hotel occupancy
rate will rise to 57.4 per
cent in 2021, up from
52.9 per cent in 2016
September 2017