Serena Hotels owner widens H1 loss to Sh66.4mn

The loss compares with a smaller loss in the corresponding period last year, while revenue fell to Sh4 billion from Sh4.05 billion...

✨ Key Highlights

TPS Eastern Africa, the operator of Serena Hotels in East Africa, has reported a widening net loss of Sh66.4 million for the first half of 2026, compared to a smaller loss in the same period last year.

The company's net loss increased to Sh66.4 million in the six months ending June 2026.
TPS Eastern Africa, operating Serena Hotels, cited non-operating costs, including reduced finance income and increased depreciation, as primary reasons for the weaker performance.
Geopolitical developments and public health measures, such as advisories related to the Ebola outbreak, impacted international travel and contributed to mixed business performance across source markets.

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