Nairobi Serena needs a lot of work. A Rights Issue is not a bad idea at this time. If Serena can start construction in 2015 while business is slow then they can get ready for additional business by 2018.

TPS has a unique opportunity to buy out other properties (especially Masai Mara, Amboseli and Coast) cheap as the hotels collapse due to the slow tourism market.

I like Aga Khan firms. They have management depth with many CEOs, CFOs or directors who are often adherents of the Aga Khan thus there's more to it than just being employees. I value good management.

That said, the best managers cannot save a firm in a dying sector. Therefore, I ask... is Tourism dying in Kenya?

Death of tourism at the Coast has been long time coming... Failure to develop infrastructure, social economic inequality, religious intolerance, radicalization of the youth and finally DEVOLUTION which has given legitimacy to the secessionists.

Tourism developers should now target Rift Valley/ Mount Kenya circuit with bush tourism/ safaris/ golf and conference tourism.

The marketing budget for the troubled tourism sector has been increased six-fold to Sh7.1 billion as Kenya prepares to battle the effects of travel alerts that have crippled the sector.This will be an increase from the Sh1.1 billion for year ending June and comes after earnings fell 7.3 per cent last year, weakened by a decline in arrivals following a spate of terror attacks on key towns that serve as holiday getaways.

The increase will help launch a marketing offensive in Western capitals in an effort to woo tourists back to the palm-fringed beaches and sprawling game parks.

At least it has caught the attention of Gov. Let's hope the cash goes into the right usage