Tag Archives: tourism

Washington, United States | AFP |  “Sharing economy” firms like Uber and Airbnb were seeing surging growth and predictions they would reshape several economic sectors. Then the pandemic hit. These companies are now bleeding more cash than ever, shedding workers and scaling back expectations for profitability amid heightened uncertainty about consumer trends …

Africa’s hotels, tour operators and airlines are all reeling from the impact of coronavirus. The African Business Magazine’s Liam Taylor surveys the situation The Serena Hotel in Kampala, the Ugandan capital, is a luxurious complex of conference facilities, fine dining spaces and landscaped gardens. In normal times Geoffrey Ssejongo, a waiter, would be …

Madrid, Spain | AFP | The number of international tourist arrivals could plunge by 60 to 80 percent in 2020 owing to the coronavirus, the World Tourism Organization said Thursday, revising its previous forecast sharply lower. Widespread travel restrictions and the closure of airports and national borders to curb the spread …

Despite the challenges the industry faces now, it’s upon the players and stakeholders in the sector to keep reminding themselves of what the tourism sector is and has been for many years COMMENT | Lilly Ajarova |  In my opening address at this year’s 5th Pearl of Africa Tourism Expo (POATE) …

What the sector requires to manage blow from coronavirus | ISSAHAKU ADAM AND ALBERT N. KIMBU | Tourism has become an important economic sector for most African countries in the last two decades. There has been increased investments in product development and enhancement, aggressive marketing, coupled with appropriate business-friendly socio-political …

Kampala, Uganda | THE INDEPENDENT | Countries that have been receiving money in the form of investment in exploration activities – search for minerals – like Uganda will see this dry up as companies cut their spending due to the impact of the coronavirus . This is according to the World …

Kampala, Uganda | THE INDEPENDENT | The Minister of State for Planning David Bahati says the country’s tourism sector earnings will drop to US Dollars 700 million in the current financial year 2019/2020. Bahari says the drop will be 39 percent compared to the previous financial year. Uganda’s Tourism sector …

Addis Abeba, Ethiopia | AFP | Millions of lost jobs, mounting debt woes and plunging remittances are among the economic hardships African countries can expect because of the COVID-19 pandemic, the African Union said in a study published Monday. “Nearly 20 million jobs, both in the formal and informal sectors, are threatened with destruction on …

  Madrid, Spain | AFP | International travel will likely fall by 20-30 percent in 2020 due to the novel coronavirus pandemic, putting millions of jobs in the global tourism sector at risk, the World Tourism Organization said Friday. This revises sharply lower a forecast made on March 6 of a …

Kampala, Uganda | THE INDEPENDENT | When China finally publicly admitted that what was killing people in the city of Wuhan was coronavirus, no Ugandan would even remotely think its effects would reverberate as far as far as Kanungu, Nwoya, Kaabong, Kisoro or Rubirizi districts. The five districts have one …