Inflated KPLC power bills hit Serena hotel profits

NAIROBI, KENYA: Shock power bills and lower sales in high end luxury visits to Kenya has dampened the rebound of TPS East Africa.

The 15 hotels and resorts franchise across East Africa under the Serena brand name reported a Sh168 million after tax loss in the first half of 2018, an improvement from the Sh188 million loss in the six months to June last year.