Business Daily | by Elizabeth Kivuva
Hotels recorded an average 26 percent occupancy in the December holiday and festive season despite an almost full reopening of the economy, indicating a slow recovery for the hospitality industry.
A survey of hotels by the Central Bank of Kenya (CBK) conducted before the Monetary Policy Committee meeting held on Wednesday showed the facilities’ occupancy rate improved slightly from an average of 23 percent in November.
Most hoteliers were targeting demand in the holiday period for recovery…
