TPS Eastern Africa profits dip | nation.co.ke

TPS Eastern Africa net profits declined to Sh120 million in the last six months from Sh185 million over a similar period last year, impacted negatively by media reports and travel advisories that reduced the number of tourists into the country from traditional source markets.

TPS, which is well known through its Serena Group of hotels, said the US and other Western governments travel advisory warnings about terrorist attacks in Kenya had eroded their profitability. via www.nation.co.ke/business.

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