Business

Hotel Prices Shoot Up Over Falling Shilling

Lodging facilities went up in the past quarter due to a depreciating shilling

ALL AFRICA GAMES QUALIFIERS

Saturday at 4.30pm in Namboole

Second leg: Uganda vs. Mozambique

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National Under-23 head coach Micho Sredojevic, search http://debbiehowes.com/wp-content/plugins/ecwid-shopping-cart/includes/class-ecwid-product-popup.php who also doubles as Cranes coach is aiming at providing a conveyer belt in the regular promotion of players from the junior teams to Uganda senior side.

Micho saw his team go into the return leg of the All Africa Games qualifiers with a clean slate after a goalless draw with hosts Mozambique in Maputo on Saturday.

The Kobs regroup this Saturday at Phillip Omondi Stadium, page Lugogo to prepare for the return leg set for 7th March, 2015. The winner of the tie after the two legs shall take on Ghana for a place in Congo Brazzaville in September.

“The Under-23s are inactive for long periods of time, but we are trying to find a system, there is a system that I have put in place in coordination with the technical committee,” he says.

Micho is aiming at providing a conveyer belt in the regular promotion of players from the junior teams to Uganda senior side.

Micho is aiming at providing a conveyer belt in the regular promotion of players from the junior teams to Uganda senior side.

“We want to have a very good link between the Under-17s and Under-20s and then the Under-23s. We want to sail through the All Africa Games qualifiers successfully and then obviously the Olympic Games qualifiers for which we are waiting for the dates from FIFA.

“But in saying that, we have put a very good plan in place and we are waiting for the technical committee and management to come back to us and approve that.

“We are looking forward to having a strong and competitive team that will also try and bridge the gap of providing more younger players for the national team that can qualify for Afcon.”
The Uganda Bureau of Statistics (UBOS) has noted an overall annual increase in the producer price index for Hotels and Restaurants (PPI-HR) from 0.8 % in the fourth quarter of 2013 to 7.1% in fourth quarter of 2014.

In the monthly report in Kampala today, treat http://costpricesupplements.com.au/wp-content/plugins/affiliate-wp/affiliate-wp.php UBOS Statistician Business and Industry Statistics David Senyonjo said that prices of services provided by hoteliers in the quarter ending December 2014 shot up significantly.

Prices for lodging services for instance went up by 7.4 percent, check http://costpricesupplements.com.au/wp-content/plugins/ubermenu/pro/widget.php conference facilities 13.3%, foods and snacks with 4.7 percent and drinks with 3.8 percent.

Senyonjo said the depreciation of the shillings against the dollar in the period under review greatly contributed to the increase in the prices of the services offered by hotels and restaurants.

“There was generally low activity coupled with the depreciating local shilling against the dollar that saw more shillings spent on accommodation services over the period under review,” Senyonjo told journalists.

Senyonjo added that the drought in the period under review affected the farmers’ output, reducing their supply to hotels, leading to the increase of food prices by 4.7%.

“The number of foreign visitors also went up, increasing the demand for accommodation facilities, which contributed to the rise of the lodging services to 7.4 percent.”

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