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Thoughts on TPS Serena
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VituVingiSana
#131 Posted : Monday, March 30, 2020 2:14:36 AM
Rank: Chief

Joined: 1/3/2007
Posts: 18,346
Location: Nairobi
Most hotels are in deep doo-doo.

We can't compare with others since TPS is the only one which is listed but the 5-star hotels eg Sankara, Intercont, Kempinski, etc are probably all bleeding. 🩸

I am going to provision TPS and can afford to hold onto the shares.
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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Ericsson
#132 Posted : Monday, April 06, 2020 9:39:05 AM
Rank: Elder

Joined: 12/4/2009
Posts: 10,804
Location: NAIROBI
Serena Beach Hotel in Mombasa shut down
Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
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watesh
#133 Posted : Monday, April 06, 2020 11:17:31 AM
Rank: Veteran

Joined: 8/10/2014
Posts: 992
Location: Kenya
Ericsson wrote:
Serena Beach Hotel in Mombasa shut down

Until a vaccine is developed I don't see tourism recovering in less than a year.
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jgithige
#134 Posted : Monday, April 06, 2020 12:24:39 PM
Rank: Member

Joined: 7/10/2014
Posts: 145
Location: Nairobi
watesh wrote:
Ericsson wrote:
Serena Beach Hotel in Mombasa shut down

Until a vaccine is developed I don't see tourism recovering in less than a year.

Terrible even after a vaccine is discovered many foreigners especially from the west will be fearful and consider risky to visit Africa.
"Blowing out someone else candle won't make yours shine brighter"-Anonymous
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watesh
#135 Posted : Monday, April 06, 2020 12:34:28 PM
Rank: Veteran

Joined: 8/10/2014
Posts: 992
Location: Kenya
jgithige wrote:
watesh wrote:
Ericsson wrote:
Serena Beach Hotel in Mombasa shut down

Until a vaccine is developed I don't see tourism recovering in less than a year.

Terrible even after a vaccine is discovered many foreigners especially from the west will be fearful and consider risky to visit Africa.

Very true, very slow recovery in foreign tourists. Local tourists will be key in giving the sector a lifeline post virus similar to the time when alshabaab wrecked the industry.
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Ericsson
#136 Posted : Monday, April 06, 2020 3:48:46 PM
Rank: Elder

Joined: 12/4/2009
Posts: 10,804
Location: NAIROBI
watesh wrote:
jgithige wrote:
watesh wrote:
Ericsson wrote:
Serena Beach Hotel in Mombasa shut down

Until a vaccine is developed I don't see tourism recovering in less than a year.

Terrible even after a vaccine is discovered many foreigners especially from the west will be fearful and consider risky to visit Africa.

Very true, very slow recovery in foreign tourists. Local tourists will be key in giving the sector a lifeline post virus similar to the time when alshabaab wrecked the industry.


Local tourists it will be tough.
Count the job losses and diminishing disposable income
Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
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obiero
#137 Posted : Monday, April 06, 2020 5:46:39 PM
Rank: Elder

Joined: 6/23/2009
Posts: 14,213
Location: nairobi
Ericsson wrote:
watesh wrote:
jgithige wrote:
watesh wrote:
Ericsson wrote:
Serena Beach Hotel in Mombasa shut down

Until a vaccine is developed I don't see tourism recovering in less than a year.

Terrible even after a vaccine is discovered many foreigners especially from the west will be fearful and consider risky to visit Africa.

Very true, very slow recovery in foreign tourists. Local tourists will be key in giving the sector a lifeline post virus similar to the time when alshabaab wrecked the industry.


Local tourists it will be tough.
Count the job losses and diminishing disposable income

Taabu

KQ ABP 4.26
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jgithige
#138 Posted : Monday, April 06, 2020 10:14:38 PM
Rank: Member

Joined: 7/10/2014
Posts: 145
Location: Nairobi
obiero wrote:
Ericsson wrote:
watesh wrote:
jgithige wrote:
watesh wrote:
Ericsson wrote:
Serena Beach Hotel in Mombasa shut down

Until a vaccine is developed I don't see tourism recovering in less than a year.

Terrible even after a vaccine is discovered many foreigners especially from the west will be fearful and consider risky to visit Africa.

Very true, very slow recovery in foreign tourists. Local tourists will be key in giving the sector a lifeline post virus similar to the time when alshabaab wrecked the industry.


Local tourists it will be tough.
Count the job losses and diminishing disposable income

Taabu

Uhuru's statement earlier today on Nairobi & Mombasa lockdown has crushed what was left. Imagine the earlier offpeak bookings locals had made for Easter no longer tenable. It's a wait and see tomorrow as Kenyans rush to their agents for refund.
"Blowing out someone else candle won't make yours shine brighter"-Anonymous
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watesh
#139 Posted : Monday, April 06, 2020 10:18:31 PM
Rank: Veteran

Joined: 8/10/2014
Posts: 992
Location: Kenya
jgithige wrote:
obiero wrote:
Ericsson wrote:
watesh wrote:
jgithige wrote:
watesh wrote:
Ericsson wrote:
Serena Beach Hotel in Mombasa shut down

Until a vaccine is developed I don't see tourism recovering in less than a year.

Terrible even after a vaccine is discovered many foreigners especially from the west will be fearful and consider risky to visit Africa.

Very true, very slow recovery in foreign tourists. Local tourists will be key in giving the sector a lifeline post virus similar to the time when alshabaab wrecked the industry.


Local tourists it will be tough.
Count the job losses and diminishing disposable income

Taabu

Uhuru's statement earlier today on Nairobi & Mombasa lockdown has crushed what was left. Imagine the earlier offpeak bookings locals had made for Easter no longer tenable. It's a wait and see tomorrow as Kenyans rush to their agents for refund.

Yikes!!!
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Ericsson
#140 Posted : Tuesday, April 07, 2020 12:17:17 AM
Rank: Elder

Joined: 12/4/2009
Posts: 10,804
Location: NAIROBI
watesh wrote:
jgithige wrote:
obiero wrote:
Ericsson wrote:
watesh wrote:
jgithige wrote:
watesh wrote:
Ericsson wrote:
Serena Beach Hotel in Mombasa shut down

Until a vaccine is developed I don't see tourism recovering in less than a year.

Terrible even after a vaccine is discovered many foreigners especially from the west will be fearful and consider risky to visit Africa.

Very true, very slow recovery in foreign tourists. Local tourists will be key in giving the sector a lifeline post virus similar to the time when alshabaab wrecked the industry.


Local tourists it will be tough.
Count the job losses and diminishing disposable income

Taabu

Uhuru's statement earlier today on Nairobi & Mombasa lockdown has crushed what was left. Imagine the earlier offpeak bookings locals had made for Easter no longer tenable. It's a wait and see tomorrow as Kenyans rush to their agents for refund.

Yikes!!!


Agents shutting down,hotels closing.
Will the additional taxes by Ukur Yattani in proposed bill achieve much
Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
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