Browsing: Reasl estate in Kenya

• A report by Cytonn Investments has found that Kenya’s hospitality sector has continued to show resilience in its performance, development, and expansion activities
• The performance has been mainly boosted by the increased international tourist arrivals into the country, conferences, leisure, and sports activities, following the reopening of the country in 2021
• Cytonn noted the overall number of operating hotels and hotel bed occupancies in Kenya has also been increasing

Kenya’s hospitality sector has continued to show resilience in its performance, development, and expansion activities.

According to a weekly report by Cytonn Investments, the performance has been mainly boosted by the increased international tourist arrivals into the country, conferences, leisure, and sports activities following the country’s reopening in 2021.

In the report, Cytonn noted that the overall number of operating hotels and hotel bed occupancies in Kenya has also been increasing.

For instance, in May 2022, Radisson Blu, an international hotel …