Hospitality outlook: 2018-2022

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Hospitality outlook: 2018-2022


The hotel market in Kenya had gotten off to a good start but instability following the Supreme Court ruling in September 2017 that overturned the result of the August 2017 Presidential election led to a sharp drop in tourist arrivals in October 2017. Although tourist arrivals rebounded strongly in December 2017, hotel guest nights were down during the latter part of the year.

We expect Kenya to be the next fastest growing with a compound annual increase of 9.6%. Kenya will benefit from a rebound in tourism, new hotels, its growing prominence as an experience destination, infrastructure upgrades, and the expectation of political stability.

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