• About
  • Advertise
  • Privacy Policy
  • Contact
Friday, October 24, 2025
  • Login
The Vaultz News
  • Top Stories
  • News
    • General News
    • Education
    • Health
    • Opinions
  • Economics
    • Economy
    • Finance
      • Banking
      • Insurance
      • Pension
    • Securities/Markets
  • Business
    • Agribusiness
    • Vaultz Business
    • Extractives/Energy
    • Real Estate
  • World
    • Africa
    • America
    • Europe
    • UK
    • USA
    • Asia
    • Around the Globe
  • Innovation
    • Technology
    • Wheels
  • Entertainment
  • 20MOBPL2DNew
  • Jobs & Scholarships
    • Job Vacancies
    • Scholarships
No Result
View All Result
The Vaultz News
  • Top Stories
  • News
    • General News
    • Education
    • Health
    • Opinions
  • Economics
    • Economy
    • Finance
      • Banking
      • Insurance
      • Pension
    • Securities/Markets
  • Business
    • Agribusiness
    • Vaultz Business
    • Extractives/Energy
    • Real Estate
  • World
    • Africa
    • America
    • Europe
    • UK
    • USA
    • Asia
    • Around the Globe
  • Innovation
    • Technology
    • Wheels
  • Entertainment
  • 20MOBPL2DNew
  • Jobs & Scholarships
    • Job Vacancies
    • Scholarships
No Result
View All Result
The Vaultz News
No Result
View All Result

Lifting of restrictions does not automatically translate into occupancy- Hotels Association

M.Cby M.C
June 18, 2021
Reading Time: 3 mins read
M.Cby M.C
in Vaultz Business
0
President of Ghana Hotels Association, Dr Edward Ackah-Nyamike, has disclosed that, the lifting of restriction by government doesn’t translate to businesses experiencing growth.

President of Ghana Hotel Association, Dr. Edward Ackah-Nyamekeh

President of Ghana Hotels Association, Dr Edward Ackah-Nyamike, has disclosed that, the lifting of restriction by government doesn’t necessarily translate to businesses experiencing growth.

According to him, although there are some hotels experiencing a positive shift in their business, it doesn’t apply to all.

His comments follow the first quarter GDP growth which revealed that the tourism sector had contracted by 10.7%.

RelatedPosts

Swelling Trade Cost, Africa Loses US$5b Annually– AfCFTA

MobileMoney LTD Leads a Collaborative Effort Among Fintech Ecosystem Players to Harness Digital Credit and Asset Regulation

Ghana’s Textile Policy Faces Old Structural Hurdles, IMANI Warns

“It doesn’t come as a surprise to us. It’s consistent with what we’ve been saying all this while that the industry is yet to recover. It’s picking up a bit but nothing close to what we had in 2019 or before. So, it will be too early to talk about recovery in the sector and I think the data has supported that position.

“The lifting of restrictions does not automatically translate into occupancy or businesses. We should also be careful not to interpret a few hotels doing above average as representing the general picture of the industry. Yes, some hotels are doing very well and yes, some hotels have positioned themselves in a way to take advantage of the patronage in the country. However, on a wider scale, looking at it in the general level across country, the occupancies are still very low, the patronage of our businesses is still low. I believe that’s what the statistics have captured”.

Additionally, Mr Ackah-Nyamike noted that, the international arrivals “formed a substantial part of the performance of the industry”.

“It’s always informed a significant part on the performance of the industry and our area is still struggling. That also has a rippling effect on even the domestic performance. Once that one is still struggling, then the picture is still gloomy”.

Stimulus package disbursed by NBSSI

Commenting on the stimulus package disbursed by the Ghana Enterprises Agency, then NBSSI, Mr Ackah-Nyamike explained that, there aren’t any published data on the number of hoteliers who have received the stimulus package.

“I think that there’s a way to be clear about some of these information. The industry is massive… The tourism and hospitality industry is huge. When we talk about the hotels, I would love to see the information from now Ghana Enterprises Agency as to the number of hotels that received that stimulus package and the quantum…

 “I wish I had the facts [and] figures to talk about, as we speak now. What happened was that, the NBSSI then started so well with us, they were very transparent. We sent all the list of our members to them and they were giving us information. Eventually, when the disbursement started, they gave a release of about eight names and that was it. We never heard or received further information from them. So, as we speak, I am unable to say [the] number of Ghanaians [who] received support from the NBSSI”.

Mr Nyamike noted that the Ghana Enterprises Agency is in the best position to disclose the exact number of hoteliers who have received the package.

ADVERTISEMENT

“We know the way we also treat monies, the hotels are also not ready to come out and say I received this amount. Those who are supposed to give us the figures are not ready to give us the figure”.

Read Also: Ghana spends less than 1% of GDP on research

Tags: COVID-19Ghana Enterprises AgencyGhana Hotels AssociationGhana News
Please login to join discussion
Previous Post

Ghana spends less than 1% of GDP on research

Next Post

AMA, ECA hold workshop on Accra’s COVID-19 recovery and resilience plan

Subscription Form

Related Posts

Swelling Trade Cost, Africa Loses US$5b Annually– AfCFTA
Vaultz Business

Swelling Trade Cost, Africa Loses US$5b Annually– AfCFTA

October 23, 2025
MobileMoney LTD Leads a Collaborative Effort Among Fintech Ecosystem Players to Harness Digital Credit and Asset Regulation
Vaultz Business

MobileMoney LTD Leads a Collaborative Effort Among Fintech Ecosystem Players to Harness Digital Credit and Asset Regulation

October 21, 2025
Ghana’s Textile Policy Faces Old Structural Hurdles, IMANI Warns
Vaultz Business

Ghana’s Textile Policy Faces Old Structural Hurdles, IMANI Warns

October 21, 2025
Trade Minister Champions Investment and Digital Focus at UNCTAD XVI, Geneva 
Vaultz Business

Trade Minister Champions Investment and Digital Focus at UNCTAD XVI, Geneva 

October 20, 2025
Africa’s Digital Revolution Hinges on Cross-Border Interoperability – Telecom Chamber Boss Declares
Vaultz Business

Africa’s Digital Revolution Hinges on Cross-Border Interoperability – Telecom Chamber Boss Declares

October 20, 2025
Millions Lost to Mobile Money Scams as Cyber Fraud Skyrockets in Ghana — CSA Raises Alarm
Vaultz Business

Millions Lost to Mobile Money Scams as Cyber Fraud Skyrockets in Ghana — CSA Raises Alarm

October 19, 2025
President John Dramani Mahama
General News

President Mahama Introduces Major Reforms to Strengthen Disability Rights

by Silas Kafui AssemOctober 24, 2025
President John Dramani Mahama
General News

Ghana Rollout Free Tertiary Education for PWDs, Mahama Calls it a Landmark for Social Justice

by evansjrOctober 24, 2025
Focus on Building Party Unity, Not Open Endorsements – Buckman Chides Minority MPs
General News

Focus on Building Party Unity, Not Open Endorsements – Buckman Chides Minority MPs

by Emmanuel Tibila BoasahOctober 24, 2025
Goldbod
Extractives/Energy

CLGB Commends GoldBod for Transforming Ghana’s Small-Scale Mining Sector 

by Prince AgyapongOctober 24, 2025
Ghana’s Total Credit Plummets 39% Year-on-Year to GH¢8.6bn in August 2025
Banking

Ghana’s Total Credit Plummets 39% Year-on-Year to GH¢8.6bn in August 2025

by M.COctober 24, 2025
US Evacuates Personnel From Middle East
USA

Hegseth Announces Another US Strike On Alleged Drug Boat In Caribbean

by Comfort AmpomaaOctober 24, 2025
President John Dramani Mahama
President John Dramani Mahama
Focus on Building Party Unity, Not Open Endorsements – Buckman Chides Minority MPs
Goldbod
Ghana’s Total Credit Plummets 39% Year-on-Year to GH¢8.6bn in August 2025
US Evacuates Personnel From Middle East

Recent News

President John Dramani Mahama

President Mahama Introduces Major Reforms to Strengthen Disability Rights

October 24, 2025
President John Dramani Mahama

Ghana Rollout Free Tertiary Education for PWDs, Mahama Calls it a Landmark for Social Justice

October 24, 2025
Focus on Building Party Unity, Not Open Endorsements – Buckman Chides Minority MPs

Focus on Building Party Unity, Not Open Endorsements – Buckman Chides Minority MPs

October 24, 2025
Goldbod

CLGB Commends GoldBod for Transforming Ghana’s Small-Scale Mining Sector 

October 24, 2025
Ghana’s Total Credit Plummets 39% Year-on-Year to GH¢8.6bn in August 2025

Ghana’s Total Credit Plummets 39% Year-on-Year to GH¢8.6bn in August 2025

October 24, 2025
US Evacuates Personnel From Middle East

Hegseth Announces Another US Strike On Alleged Drug Boat In Caribbean

October 24, 2025
The Vaultz News

Copyright © 2025 The Vaultz News. All rights reserved.

Navigate Site

  • About
  • Advertise
  • Privacy Policy
  • Contact

Follow Us

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Top Stories
  • News
    • General News
    • Education
    • Health
    • Opinions
  • Economics
    • Economy
    • Finance
      • Banking
      • Insurance
      • Pension
    • Securities/Markets
  • Business
    • Agribusiness
    • Vaultz Business
    • Extractives/Energy
    • Real Estate
  • World
    • Africa
    • America
    • Europe
    • UK
    • USA
    • Asia
    • Around the Globe
  • Innovation
    • Technology
    • Wheels
  • Entertainment
  • 20MOBPL2D
  • Jobs & Scholarships
    • Job Vacancies
    • Scholarships

Copyright © 2025 The Vaultz News. All rights reserved.

Discover the Details behind the story

Get an in-depth analysis of the news from our top editors

Enter your email address