• EDITORIAL POLICY
  • ABOUT US
PML Daily
  • Home
  • NEWS
    • Politics
    • Education
    • Regional
    • Africa
    • World
  • INVESTIGATIONS
    • National Archives
    • Special Reports
  • OpEd
  • BUSINESS
    • Agriculture
    • Tech
    • Finance
  • FEATURES
    • Health
    • Tours & Travel
    • Entertainment
    • Society
  • COLUMNISTS
    • The Suited Penguin
  • SPORT
  • Jobs
  • Magazines
No Result
View All Result
  • Home
  • NEWS
    • Politics
    • Education
    • Regional
    • Africa
    • World
  • INVESTIGATIONS
    • National Archives
    • Special Reports
  • OpEd
  • BUSINESS
    • Agriculture
    • Tech
    • Finance
  • FEATURES
    • Health
    • Tours & Travel
    • Entertainment
    • Society
  • COLUMNISTS
    • The Suited Penguin
  • SPORT
  • Jobs
  • Magazines
No Result
View All Result
PML Daily
No Result
View All Result
suubula suubula suubula
Home BUSINESS

COVID19 CRISIS: Sudhir closes down Speke Resort, Munyonyo Commonwealth Hotels as sector suffers low revenue, occupancy

JAVIRA SSEBWAMI | PML Daily Staff Writer by JAVIRA SSEBWAMI | PML Daily Staff Writer
March 26, 2020
in BUSINESS
0 0
82
SHARES
950
VIEWS
FacebookWhatsAppTwitter
Nestling supremely on the calm lapping shores of Lake Victoria, Speke Resort Munyonyo is Uganda’s leading five-star resort with 335 well-appointed Deluxe Rooms and superior rooms. (PHOTO/File)

KAMPALA — Tycoon Sudhir Ruparelia has until further closed down his hotel empire including Speke Resort and Conference Centre, Munyonyo Commonwealth Resort as the sector is suffers massive financial collapse in the wake of COVID-19.

The temporary closure takes effect from Friday, March 27, 2020 till “coronavirus issues is sorted out,”

Both hotels scooped international accolades at 2019 World Luxury Hotels Awards for their world class facilities and service excellence provided.

But with COVID-19 outbreak, Sudhir told the CEO EastAfrica Magazine that two other hotels, Dolphin Suites in Bugolobi and Forest Cottages in Naguru, would also be closed.

“It is really bad. We have decided to close Speke Resort and the Commonwealth Resort. We will reopen once Coronavirus issues sorted out,” he said adding: “For the others like Kabira Country Club, only a small section will remain open,” he was quoted by CEO Magazine as saying.

Sudhir, whose Ruparelia Group owns a string of hotels and country clubs and more than 200 commercial properties in the country has already sent home 1,000 workers and 2,000 will follow over the next few days.

The group employs over 8000 workers.

Patrick Bitature the proprietor of Protea Hotel by Marriott Kampala and Protea Hotel by Marriott Kampala Skyz- also local media that he is considering scaling down operations.

“We are trying to keep the hotels open but it’s hard to justify since the bookings have dropped substantially – as expected once they borders and airports were closed. We shall keep a skeleton staff and security,” he said.

Calls by the tourism industry for a stimulus package from government to shield the industry from heavy operating costs and expensive loans amidst canceled bookings and empty rooms are yet to be responded to by the government.

The tourism industry is Uganda’s largest forex earner.

At USD1.6 billion, tourism earnings in FY18/19 were bigger than the export earnings of Uganda’s leading 17 agriculture exports combined!

The sector at the end of 2018, employed 667,600 people which constituted 6.7% of all total employment. Worth noting is that the hospitality sector contributes up to 90% of all the jobs in the tourism industry with 58% of all jobs going to women and 77% of jobs to the youth- (18-30 years).

Comments

Tags: sudhirtopTours and Travel in UgandaTycoon Sudhir Ruparelia

Related Posts

Former DP Chairman Prof Joseph Mukiibi has died (PHOTO/File)
NEWS

Former DP Chairman Prof Joseph Mukiibi dies

March 2, 2021
90
The Uganda Communications Commission selected Makerere University to host the National Conference on Communications (PHOTO/File)
Tech

All set for National Tech Conference due on Wednesday

March 2, 2021
50
African Development Bank President Akinwumi A. Adesina (PHOTO/File).
BUSINESS

AfDB provides $320000 in grant funding to mainstream gender in ECOWAS digital financial operations

March 2, 2021
30
Oxford–AstraZeneca COVID-19 vaccine, codenamed AZD1222, is a COVID-19 vaccine developed by Oxford University and AstraZeneca given by intramuscular injection, using as a vector the modified chimpanzee adenovirus ChAdOx1 (PHOTO/File).
NEWS

Uganda to receive first batch of Covid-19 vaccine on Friday

March 2, 2021
60
Government Spokesperson, Ofwono Opondo appearing on NBS late night talk show on Thursday (PHOTO/Courtesy).
NEWS

Govt responds to sanction threats; a tale of a dog barking at an Elephant

March 2, 2021
541
NEWS

BonelliErede: Two new of counsel to boost the firm’s presence in Africa, Middle East

March 2, 2021
101

Advertisement






 

 

About

The PML Daily, published via www.pmldaily.com is a publication of Post Media Ltd, a professional Digital/New Media company in Uganda.

Follow us

KIU

  • EDITORIAL POLICY
  • ABOUT US

© 2021 PMLDAILY.COM.

No Result
View All Result
  • Home
  • NEWS
    • Politics
    • Education
    • Regional
    • Africa
    • World
  • INVESTIGATIONS
    • National Archives
    • Special Reports
  • OpEd
  • BUSINESS
    • Agriculture
    • Tech
    • Finance
  • FEATURES
    • Health
    • Tours & Travel
    • Entertainment
    • Society
  • COLUMNISTS
    • The Suited Penguin
  • SPORT
  • Jobs
  • Magazines

© 2021 PMLDAILY.COM.

Welcome Back!

Login to your account below

Forgotten Password?

Create New Account!

Fill the forms below to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In