Sat, 14-Mar 2026

Search news articles
  • Home
  • AllAgricultureBankingAviationEnergyManufacturingTechnologyStartups
  • Geopolitics
  • Kenya Business NewsAfrican Business NewsGlobal News
  • Press Releases
  • Shows
  • Best Places to Work 2026
Subscribe
Events
Subscribe
  • Home
  • AllAgricultureBankingAviationEnergyManufacturingTechnologyStartups
  • Geopolitics

    Contact Us

    Media Queries & Partnerships:[email protected]

    About Us

    We are a leading integrated digital content platform providing in-depth business and financial news across Sub-Saharan Africa & the globe.

    Disclaimer

    The information contained in this website is for general information purposes only.
    © 2026 Wallstreet Africa Technologies LTD.. All Rights Reserved.
    1.0.32

    Kenya's Kempinski Hotels Issue Notice of Redundancies

    Mwakaneno
    By Mwakaneno Gakweli
    - June 10, 2020
    - June 10, 2020
    Kenya Business news
    Kenya's Kempinski Hotels Issue Notice of Redundancies

    Kempinski has issued a notice of redundancies to their staff as the hotel restructures amid COVID-19. A memo reveals that the hotel is readjusting its staff base to achieve lean, agile teams for the period. Villa Rosa and Olare Mara Kempinski will consolidate teams and positions to maintain proper cost structures. This is after mitigations to the Coronavirus, such as restrictions on travel cut the number of tourists, impacting hotel revenues.

    General Manager Roberto says, “the closure of our borders of international flights affected the number of foreign visitors into our country who account for over 80% of our business” The hotel expects minimal revenue on rooms, conferencing, and the restaurant, thus the restructuring.

    SEE ALSO: Fairmont Closes its Hotels and Fires all Employees

    It is unclear as to the number of staff that will bear the brunt of the changes. However, the statement reveals that the redundancies will affect multiple departments and cadres of employees.

    The Kempinski hotels join a list of other players in the hospitality industry who sent their employees home because of dwindling revenues. Recently, Fairmont closed its hotels and fired all employees, whereas Serena sent all its staff on unpaid leave.

    READ ALSO: Serena Hotels Send Staff on Compulsory Unpaid Leave

    The Kenyan Wall Street

    We are a leading integrated digital content platform providing in-depth business and financial news across Africa & the globeSubscribe
    Loading...
    Loading...
    Loading...
    Loading...
    Loading...
    Loading...
    Loading...
    Loading...
    Loading...
    Loading...
    Loading...
    Loading...
    Loading...
    Loading...
    Loading...
    Loading...
    Loading...
    Loading...
    Loading...
    Loading...

    Your edge in markets, powered by AI

    Explore cutting-edge insights with our AI assistant, delivering real-time analysis, personalized news, and in-depth answers at your fingertips.

    Sign Up

    Show me today’s top trades

    Explain the market in simple terms

    What’s my next smart move?

    Report Issue

    Wall Street Africa Business Intelligence

    Access exclusive news, expert analysis, and tools designed to give investors an edge.

    Fixed Income

    Real-time bond pricing with instant calculations, auction data, yield curves, and trend analysis for Africa’s fixed-income markets.

    Local and Global Insights

    Unique perspective with a blend of local and global news and analysis, tailored for African investors.

    Real-Time Economic Indicators

    Monitor inflation, currency movements, and other key economic indicators for African countries.

    Interactive Data for Local Markets

    Visualize trends and compare markets across Africa with interactive charts and tools.
    Wallstreet Africa
    Wallstreet Africa
    Wallstreet Africa