This archive report was first published on 13 July 2021.
Published on July 13, 2021, the Covid-19 pandemic has had a devastating impact on many businesses, with some of Kenya's best-known high-end hotels closing down over the last year.
The Norfolk, Mayfair, Boulevard, Treetops, Intercontinental, and Radisson Blu hotels are among those that have shut down, with some of them having a rich history dating back over 100 years.
Treetops in Nyeri County, for instance, hosted the future Queen of England, while the Norfolk hotel boasted a heritage of over 100 years, having gone through two world wars, the Great Depression, the Mau Mau uprising, and four presidents.
However, the pandemic has also presented an opportunity for renewal and innovation, encouraging entrepreneurs to think big and compete with the rest of the world.
Some hotels have converted into apartments, which has paid off big in the wake of Covid-19, while others have been forced to think small to reduce exposure to unforeseen risks.
But is thinking small the solution to the challenges posed by the pandemic, or should businesses be encouraged to think big and take risks to innovate and compete with the rest of the world?
As the country looks to recover from the pandemic, it is essential to consider the impact of the crisis on the economy and the role that businesses can play in driving growth and innovation.