In the first half of 2020, 45 percent of tourism businesses in Kenya estimated a revenue loss above 2.5 million Kenyan shillings, as an effect of the coronavirus (COVID-19) pandemic. Roughly 23 percent indicated loosing from 500 thousand to 1 million KSh, while approximately 15 percent of businesses pointed a loss of revenue above 500 thousand KSh.
As of February 24, 2021, Kenya had over 105 thousand confirmed cases of coronavirus. Measures to contain the outbreak, such as a night curfew and the closing of bars are still in force. However, under tight COVID-19 regulations, the country resumed international flights on August 1, 2020.
Percentage revenue loss by tourism businesses as a result of booking cancellations due to COVID-19 in Kenya in the 1st half of 2020
According to the source, the loss is estimated to have been recorded within a period from january to June, 2020.
The study collected data from 10 CEOs of Tourism State Corporations, 11 CEOs’ of Tourism Associations, 47 officers of County Executive Committees (CECs) and 360 key tourism stakeholders (from the accommodation sector, attractions, destination management organizations, exhibition centers, travel agents, tour operators, event organizers, restaurateurs, and airline operators).
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Tourism Research Institute Kenya. (October 1, 2020). Percentage revenue loss by tourism businesses as a result of booking cancellations due to COVID-19 in Kenya in the 1st half of 2020 [Graph]. In Statista. Retrieved December 03, 2024, from https://www.statista.com/statistics/1140176/impact-of-covid-19-in-tourism-businesses-revenue-in-kenya/
Tourism Research Institute Kenya. "Percentage revenue loss by tourism businesses as a result of booking cancellations due to COVID-19 in Kenya in the 1st half of 2020." Chart. October 1, 2020. Statista. Accessed December 03, 2024. https://www.statista.com/statistics/1140176/impact-of-covid-19-in-tourism-businesses-revenue-in-kenya/
Tourism Research Institute Kenya. (2020). Percentage revenue loss by tourism businesses as a result of booking cancellations due to COVID-19 in Kenya in the 1st half of 2020. Statista. Statista Inc.. Accessed: December 03, 2024. https://www.statista.com/statistics/1140176/impact-of-covid-19-in-tourism-businesses-revenue-in-kenya/
Tourism Research Institute Kenya. "Percentage Revenue Loss by Tourism Businesses as a Result of Booking Cancellations Due to Covid-19 in Kenya in The 1st Half of 2020." Statista, Statista Inc., 1 Oct 2020, https://www.statista.com/statistics/1140176/impact-of-covid-19-in-tourism-businesses-revenue-in-kenya/
Tourism Research Institute Kenya, Percentage revenue loss by tourism businesses as a result of booking cancellations due to COVID-19 in Kenya in the 1st half of 2020 Statista, https://www.statista.com/statistics/1140176/impact-of-covid-19-in-tourism-businesses-revenue-in-kenya/ (last visited December 03, 2024)
Percentage revenue loss by tourism businesses as a result of booking cancellations due to COVID-19 in Kenya in the 1st half of 2020 [Graph], Tourism Research Institute Kenya, October 1, 2020. [Online]. Available: https://www.statista.com/statistics/1140176/impact-of-covid-19-in-tourism-businesses-revenue-in-kenya/