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Kenya Economy Watch
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Yliett
#2011 Posted : Monday, January 07, 2019 5:08:32 PM
Rank: New-farer

Joined: 12/23/2018
Posts: 38
Location: germany
I am really worried that the tourism value has dropped really low. This is very alarming. Tourism is a very big sector in the countries economy. We need to see the reasons for this falling out. I really hope that the countries GDP will grow in the near future. What are your predictions?
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Horton
#2012 Posted : Tuesday, January 08, 2019 7:40:28 AM
Rank: Veteran

Joined: 8/30/2007
Posts: 1,558
Location: Nairobi
Yliett wrote:
I am really worried that the tourism value has dropped really low. This is very alarming. Tourism is a very big sector in the countries economy. We need to see the reasons for this falling out. I really hope that the countries GDP will grow in the near future. What are your predictions?


Are u talking about the same country? Tourism in Kenya surpassed the 2m for the first time in 2018. Ask any coastal hotelier and they will tell you business is booming. The Airbnb we used to book for $29 on the beach is now $41

https://www.businessdail...4636-15p97f6z/index.html
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  | | Edit by user: Tuesday, January 08, 2019 7:41 AM | Reason: Not specified
kawi254
#2013 Posted : Tuesday, January 08, 2019 8:29:33 AM
Rank: Member

Joined: 2/20/2015
Posts: 468
Location: Nairobi
Horton wrote:
[quote=Yliett]I am really worried that the tourism value has dropped really low. This is very alarming. Tourism is a very big sector in the countries economy. We need to see the reasons for this falling out. I really hope that the countries GDP will grow in the near future. What are your predictions?


Are u talking about the same country? Tourism in Kenya surpassed the 2m for the first time in 2018. Ask any coastal hotelier and they will tell you business is booming. The Airbnb we used to book for $29 on the beach is now $41

https://www.businessdail...636-15p97f6z/index.html[/quote]

A tourist is anyone who gets in on a 3 month tourist Visa which is what foreigners use as a 'work permit' i.e after every 3 months exit to TZ or UG and enter again to get another 3 months. The figure will be less than 2M if they got unique visitors.
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Horton
#2014 Posted : Tuesday, January 08, 2019 9:36:30 AM
Rank: Veteran

Joined: 8/30/2007
Posts: 1,558
Location: Nairobi
kawi254 wrote:
Horton wrote:
[quote=Yliett]I am really worried that the tourism value has dropped really low. This is very alarming. Tourism is a very big sector in the countries economy. We need to see the reasons for this falling out. I really hope that the countries GDP will grow in the near future. What are your predictions?


Are u talking about the same country? Tourism in Kenya surpassed the 2m for the first time in 2018. Ask any coastal hotelier and they will tell you business is booming. The Airbnb we used to book for $29 on the beach is now $41

https://www.businessdail...636-15p97f6z/index.html[/quote]

A tourist is anyone who gets in on a 3 month tourist Visa which is what foreigners use as a 'work permit' i.e after every 3 months exit to TZ or UG and enter again to get another 3 months. The figure will be less than 2M if they got unique visitors.



Gosh rumors let’s base our arguments on facts and not hearsay.

Call any Mombasa hotel and they will tell you they are at very high occupancy.
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Ericsson
#2015 Posted : Tuesday, January 08, 2019 10:43:25 AM
Rank: Elder

Joined: 12/4/2009
Posts: 10,804
Location: NAIROBI
Horton wrote:
kawi254 wrote:
Horton wrote:
[quote=Yliett]I am really worried that the tourism value has dropped really low. This is very alarming. Tourism is a very big sector in the countries economy. We need to see the reasons for this falling out. I really hope that the countries GDP will grow in the near future. What are your predictions?


Are u talking about the same country? Tourism in Kenya surpassed the 2m for the first time in 2018. Ask any coastal hotelier and they will tell you business is booming. The Airbnb we used to book for $29 on the beach is now $41

https://www.businessdail...636-15p97f6z/index.html[/quote]

A tourist is anyone who gets in on a 3 month tourist Visa which is what foreigners use as a 'work permit' i.e after every 3 months exit to TZ or UG and enter again to get another 3 months. The figure will be less than 2M if they got unique visitors.



Gosh rumors let’s base our arguments on facts and not hearsay.

Call any Mombasa hotel and they will tell you they are at very high occupancy.


When it comes to such stats business daily can't be fully trusted
Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
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rwitre
#2016 Posted : Thursday, January 10, 2019 11:05:44 AM
Rank: Member

Joined: 3/8/2018
Posts: 507
Location: Nairobi
Is this a bounce....or Q1 rally? Should we dare to believe?

Chartists saidia
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Ebenyo
#2017 Posted : Thursday, January 10, 2019 8:00:48 PM
Rank: Veteran

Joined: 4/4/2016
Posts: 2,016
Location: Kitale
rwitre wrote:
Is this a bounce....or Q1 rally? Should we dare to believe?

Chartists saidia


..................................................................
NSE all share index since Monday suggests market is looking up

Monday-137.35
Tuesday-138.87
Wednesday-139.31
Thursday-141.41
Let's see tomorrow how it closes the week
Towards the goal of financial freedom
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  | | Edit by user: Thursday, January 10, 2019 8:04 PM | Reason: Not specified
jmbada
#2018 Posted : Sunday, January 13, 2019 10:32:04 AM
Rank: Member

Joined: 1/1/2011
Posts: 396
Yliett wrote:
I am really worried that the tourism value has dropped really low. This is very alarming. Tourism is a very big sector in the countries economy. We need to see the reasons for this falling out. I really hope that the countries GDP will grow in the near future. What are your predictions?

The country's growth has been consistently abive 5% for at least 5 years. And, as others have posted, tourism numbers have risen for FY 2018. Now the stock of tourism facilities and destinations has also increased so individual hotels and resorts may not reap the full benefits of the resurgence in tourism numbers.
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maka
#2019 Posted : Sunday, January 13, 2019 4:10:48 PM
Rank: Elder

Joined: 4/22/2010
Posts: 11,522
Location: Nairobi
jmbada wrote:
Yliett wrote:
I am really worried that the tourism value has dropped really low. This is very alarming. Tourism is a very big sector in the countries economy. We need to see the reasons for this falling out. I really hope that the countries GDP will grow in the near future. What are your predictions?

The country's growth has been consistently abive 5% for at least 5 years. And, as others have posted, tourism numbers have risen for FY 2018. Now the stock of tourism facilities and destinations has also increased so individual hotels and resorts may not reap the full benefits of the resurgence in tourism numbers.


5% is a joke... Anyway what do I know....
possunt quia posse videntur
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jmbada
#2020 Posted : Monday, January 14, 2019 11:14:23 AM
Rank: Member

Joined: 1/1/2011
Posts: 396
maka wrote:
jmbada wrote:
Yliett wrote:
I am really worried that the tourism value has dropped really low. This is very alarming. Tourism is a very big sector in the countries economy. We need to see the reasons for this falling out. I really hope that the countries GDP will grow in the near future. What are your predictions?

The country's growth has been consistently abive 5% for at least 5 years. And, as others have posted, tourism numbers have risen for FY 2018. Now the stock of tourism facilities and destinations has also increased so individual hotels and resorts may not reap the full benefits of the resurgence in tourism numbers.


5% is a joke... Anyway what do I know....

How is 5% growth per annum a joke?
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