Why mergers could rescue struggling hospitality sector

Managing Director PrideInn Group Hasnain Noorani after signing Revenue sharing module to beat the challenges of management. [Jonah Onyango, Standard]

The Covid-19 pandemic has been a season of drought for the hospitality industry owing to the number of facilities forced to close doors.

As the tourism industry crawls back to health, it has become apparent for businesses to find ways of not only staying afloat but also guaranteeing a safe passage through the recovery period; one which is marred by uncertainties of the Russia-Ukraine crisis, high cost of living and the upcoming General Election.