Forex inflows set for major boost on high tourist hotel bookings

More foreign exchange inflows are expected with major tourist hotels being more than 60 per cent booked for the next three months, underlining the rebound of the sector which had taken a hit from security concerns in the past few years.

A Central Bank of Kenya (CBK) market survey shows that August has the highest volume of pre-booking averaging at 62.4 per cent with some hotels at 83 per cent booked.