ECONOMY

Tourism sector to increase earnings to Sh175 billion

Share
Tourism Research Institute has unveiled a strategic plan geared towards multiplying earnings and increasing the number of tourists to Kenya
Share

The tourism sector targets to increase the tourist arrivals which stood at 1.3 million in 2016 to 2.5 million by 2022, according to a new strategic plan just released.

It also plans to increase tourism earnings from Ksh99 billion in 2016 to Ksh175 billion in 2022.

To realize the targets, Tourism Research Institute (TRI) will play a vital role in informing policy choices and devising strategies that will ensure the sector gets more competitive.

RELATED : TOURISM’S LEADING ROLE IN CREATING MORE JOBS

Speaking Wednesday during a stakeholder’s consultative forum to discuss strategic plan 2018-2023, in Nairobi, the TRI chairperson, Board of Directors Jennifer Barassa said the strategic plan will spur research in the sector with the objective of growing for prosperity and posterity.

“This strategic plan will also offer a structured leadership to researchers in the tourism sector, with the aim of availing a pool of research findings that can help design policies and strategies to achieve the targets set in the sector,” she said.

Barassa explained that the strategic focus during the plan period will be underpinned by three critical pillars namely, undertaking tourism research, coordinating tourism research and disseminating research findings alongside development of institutional capacity to facilitate the pillars.

READ : SECTORS THAT SLOWED DOWN ECONOMIC GROWTH IN 2017

David Gitonga, the CEO of TRI said the institute will position itself as the agency that will drive innovation by availing credible and timely research findings for the industry policy makers and practitioners.

Gitonga guaranteed the stake holders that the institute’s mandate and purpose is to undertake and coordinate tourism research.

He noted the competitiveness of Kenya as a tourist destination is guaranteed by continuous product improvement and diversification driven by innovation.

“As Kenya’s tourism spearheads to development, Tourism Research Institute has set out the course of tourism research for the next five years,” he said

The inaugural strategic plan aims at laying a firm foundation for tourism research which has been identified as the missing link in the tourism sector. The plan will set systems, policies, infrastructure and standards to guide tourism research in the medium to long term period.

SEE ALSO : WAIGURU RESPONDS TO IPSOS POLL

TRI is a creation of the Tourism Act 2011 which is in its operationalization stage and the plan is aligned to the third medium term plan of the vision 2030, and the National tourism blue print 2030 which is the driver of tourism development in the country.

1 Comment

Leave a Reply

Your email address will not be published. Required fields are marked *

PAST ARTICLES AND INSIGHTS

Related Articles
Co-op Bank Head Offices in Nairobi
BUSINESSFINANCIAL MAKEOVERNEWSSTOCKS

Co-operative Bank of Kenya to form a Holding Company

Co-operative Bank of Kenya, initially set up to be a bank for...

SANLAM ALLIANZ
BUSINESSECONOMYINSURANCEMARKETSNEWSSTOCKS

Sanlam Allianz Kenya Plc Pre-Tax Profit Fall 7.65% to KSh1.32Bn

Sanlam Allianz Holdings (Kenya) Plc profit before tax declined by 7.65% to...

.Ambassador designate of Portugal to Kenya, Paulo Pocinho & Aga Khan Foundation Kenya CEO Susan Otieno during a partnership signing to advance coastal resilience and sustainable development in Kenya.
FEATURED STORYNEWS

Aga Khan Foundation Signs Pact to Restore Kwale Coastal Ecosystem

Aga Khan Foundation (AKF) has signed a partnership agreement with the Camões...

Kenya CS for Agriculture and Livestock Development Mutahi Kagwe
AGRICULTUREBUSINESSECONOMYMARKETS

Kenya Exports 25.4m Kgs of Processed Tea in 2025

Kenya exported processed tea amounting to 25.36 million Kgs, which represented 4%...