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TPS Serena FY16
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VituVingiSana
#21 Posted : Wednesday, June 12, 2019 9:10:01 PM
Rank: Chief


You have been a member since:: 1/3/2007
Posts: 18,103
Location: Nairobi
sparkly wrote:
VituVingiSana wrote:
sparkly wrote:
I am hoping renovations will be done in time for the high season August - December
They said these should be done by June 2019 in a press release.

There might be another phase coming in 2-3 years.


On Nairobi Serena or other property?
NSH. Where the surface parking lot is.
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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obiero
#22 Posted : Thursday, June 13, 2019 6:08:51 AM
Rank: Elder


Joined: 6/23/2009
Posts: 13,517
Location: nairobi
VituVingiSana wrote:
sparkly wrote:
VituVingiSana wrote:
sparkly wrote:
I am hoping renovations will be done in time for the high season August - December
They said these should be done by June 2019 in a press release.

There might be another phase coming in 2-3 years.


On Nairobi Serena or other property?
NSH. Where the surface parking lot is.

That capacity could kill NSH on a tourism downturn scenario.. Aviation and hoteliering are similar in many service aspects

HF 90,000 ABP 3.83; KQ 414,100 ABP 7.92; MTN 23,800 ABP 6.45
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VituVingiSana
#23 Posted : Thursday, June 13, 2019 6:39:16 AM
Rank: Chief


You have been a member since:: 1/3/2007
Posts: 18,103
Location: Nairobi
obiero wrote:
VituVingiSana wrote:
sparkly wrote:
VituVingiSana wrote:
sparkly wrote:
I am hoping renovations will be done in time for the high season August - December
They said these should be done by June 2019 in a press release.

There might be another phase coming in 2-3 years.


On Nairobi Serena or other property?
NSH. Where the surface parking lot is.

That capacity could kill NSH on a tourism downturn scenario.. Aviation and hoteliering are similar in many service aspects

Key Words:
Next Phase - Not in 2020. Perhaps in 2-3 years if the current refurbishment works well. Definitely not before 2022.
Diversification - Multiple properties around EAC. Slow but steady expansion.
Management - The current CEO will retire in 3-5 years. Then what?
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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obiero
#24 Posted : Thursday, June 13, 2019 7:44:22 AM
Rank: Elder


Joined: 6/23/2009
Posts: 13,517
Location: nairobi
VituVingiSana wrote:
obiero wrote:
VituVingiSana wrote:
sparkly wrote:
VituVingiSana wrote:
sparkly wrote:
I am hoping renovations will be done in time for the high season August - December
They said these should be done by June 2019 in a press release.

There might be another phase coming in 2-3 years.


On Nairobi Serena or other property?
NSH. Where the surface parking lot is.

That capacity could kill NSH on a tourism downturn scenario.. Aviation and hoteliering are similar in many service aspects

Key Words:
Next Phase - Not in 2020. Perhaps in 2-3 years if the current refurbishment works well. Definitely not before 2022.
Diversification - Multiple properties around EAC. Slow but steady expansion.
Management - The current CEO will retire in 3-5 years. Then what?

Good introspection. Growth of revenue is a sure way to turn the bottom line

HF 90,000 ABP 3.83; KQ 414,100 ABP 7.92; MTN 23,800 ABP 6.45
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sparkly
#25 Posted : Thursday, June 13, 2019 8:11:05 AM
Rank: Elder


Joined: 9/23/2009
Posts: 8,083
Location: Enk are Nyirobi
obiero wrote:
VituVingiSana wrote:
sparkly wrote:
VituVingiSana wrote:
sparkly wrote:
I am hoping renovations will be done in time for the high season August - December
They said these should be done by June 2019 in a press release.

There might be another phase coming in 2-3 years.


On Nairobi Serena or other property?
NSH. Where the surface parking lot is.

That capacity could kill NSH on a tourism downturn scenario.. Aviation and hoteliering are similar in many service aspects


The lodges have been struggling since the al shabaab attacks started. They are barely breaking even, hence the need to diversify into meetings, incentives .conferences and exhibitions (MICE) segment.
Life is short. Live passionately.
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VituVingiSana
#26 Posted : Thursday, June 13, 2019 10:10:10 AM
Rank: Chief


You have been a member since:: 1/3/2007
Posts: 18,103
Location: Nairobi
sparkly wrote:
obiero wrote:
VituVingiSana wrote:
sparkly wrote:
VituVingiSana wrote:
sparkly wrote:
I am hoping renovations will be done in time for the high season August - December
They said these should be done by June 2019 in a press release.

There might be another phase coming in 2-3 years.


On Nairobi Serena or other property?
NSH. Where the surface parking lot is.

That capacity could kill NSH on a tourism downturn scenario.. Aviation and hoteliering are similar in many service aspects

The lodges have been struggling since the al shabaab attacks started. They are barely breaking even, hence the need to diversify into meetings, incentives .conferences and exhibitions (MICE) segment.

Diversification has helped. TZ lodges did well.
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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