4-5 years ago most of the European banks offered holiday loans to customers up to 6-8 thousand euros at 5-7%
Now average holiday loan is around 3-4 thousand at 8-11%
02."western Europe likely to remain the mainstay"
Yes they like what we have-Sun,beaches ,wildlife,culture but high unemployment and recession Europe and over priced hotels in Sri lanka......
03."Sri lanka lacks packages catering to the special needs of Chinese"
Shopping and gaming industry may attract more of high spending Chinese.
Do these things tell us that over hotels are over-priced at the moment for holidaymakers and also for us in CSE.