FINANCIAL CHRONICLE™
Dear Reader,

Registration with the Sri Lanka FINANCIAL CHRONICLE™️ would enable you to enjoy an array of other services such as Member Rankings, User Groups, Own Posts & Profile, Exclusive Research, Live Chat Box etc..

All information contained in this forum is subject to Disclaimer Notice published.


Thank You
FINANCIAL CHRONICLE™️
www.srilankachronicle.com


Join the forum, it's quick and easy

FINANCIAL CHRONICLE™
Dear Reader,

Registration with the Sri Lanka FINANCIAL CHRONICLE™️ would enable you to enjoy an array of other services such as Member Rankings, User Groups, Own Posts & Profile, Exclusive Research, Live Chat Box etc..

All information contained in this forum is subject to Disclaimer Notice published.


Thank You
FINANCIAL CHRONICLE™️
www.srilankachronicle.com
FINANCIAL CHRONICLE™
Would you like to react to this message? Create an account in a few clicks or log in to continue.
FINANCIAL CHRONICLE™

Encyclopedia of Latest news, reviews, discussions and analysis of stock market and investment opportunities in Sri Lanka

LISTED COMPANIES

Submit Post
Poll

Can there be another Covid-19 wave in Sri Lanka?

 
 
 

View results

STOCK MARKET TRAINING
ශ්‍රී ලංකා මූල්‍ය වංශකථාව - සිංහල
Submit Post


CONATCT US


Send your suggestions and comments

* - required fields

Read FINANCIAL CHRONICLE™ Disclaimer

Latest topics

» LLUB=BULL Chevron Lanka Lubricant Target Price Rs 150..
by Thushara Ayya Today at 7:17 am

» BANKING SECTOR
by Thushara Ayya Today at 7:14 am

» Prime Residencies IPO. Over Priced?
by madukp Today at 12:37 am

» SL market is gaining it's momentum despite all threats
by madukp Today at 12:18 am

» EXPOLANKA HOLDINGS PLC (EXPO.N0000)
by soileconomy Yesterday at 11:20 pm

» AMF will reach its high again?
by Bakka1988 Yesterday at 11:07 pm

» LANKA ALUMINIUM INDUSTRIES PLC (LALU.N0000)
by Captain Yesterday at 10:57 pm

» CAUTION FOR THOSE WHO ARE ABOUT TO BUY MORE
by THUWA Yesterday at 9:20 pm

» Daily Foreign Transactions update
by Pradeep90 Yesterday at 9:04 pm

» R I L PROPERTY PLC (RIL.N0000)
by High-flyer Yesterday at 8:25 pm

» Directors' Dealings 17/06/2021
by SAGA Yesterday at 6:01 pm

» L B FINANCE PLC (LFIN.N0000)
by SAGA Yesterday at 5:37 pm

» COVID WAVES: Can there be another Covid-19 wave in Sri Lanka?
by Wickyz Yesterday at 5:27 pm

» Top Foreign Tradings today - 17/06/2021
by SAGA Yesterday at 5:23 pm

» ‘‘ඔන්ලයින් හරහා අරක්කු බෙදනවාට මා තරයේ විරුද්ධයි‘‘ - රාජ්‍ය අමාත්‍ය
by Wickyz Yesterday at 12:37 pm

» FIRST CAPITAL HOLDINGS PLC (CFVF.N0000)
by Eranga87 Yesterday at 11:35 am

» Watch COCR.N
by judecroos Yesterday at 9:17 am

» HATTON NATIONAL BANK PLC
by samansilva Wed Jun 16, 2021 11:14 pm

» LOLC HOLDINGS PLC (LOLC.N0000)
by SAGA Wed Jun 16, 2021 8:57 pm

» Directors' Dealings 16/06/2021
by SAGA Wed Jun 16, 2021 7:33 pm

EXPERT CHRONICLE™

ECONOMIC CHRONICLE

GROSS DOMESTIC PRODUCT (GDP)


CHRONICLE™ YouTube

CHRONICLE™ NEWS PRODUCTS

FINANCIAL CHRONICLE™

Views & Reviews, Analysis, Evaluations, Discussions, Gossip and Hot Tips relating to Sri Lankan companies listed on the Colombo Stock Exchange (CSE)
Contribute




DAILY CHRONICLE™

Latest news and articles published in Newspapers, Websites, Blogs and other online news sites relating to business and investments in Sri Lanka
Contribute



ECONOMIC CHRONICLE™

This is a section that provide news, views, analysis, predications relating to Political and Socio-Economic factors and how such activities affect the Stock Market and other economic activity of the Country.

Contribute




EXPERT CHRONICLE™

This is an exclusive section for Expert Articles which will help member to share knowledge through comments and responses of the members. All members are allowed to reply and make comments to these articles.

Contribute


Submit Post


CHRONICLE™ YouTube

Youtube Videos and other visual presentations relating Stock market and other investment advise submitted by members or other contributors.

Contribute


Submit Post


කොළඔ කොටස් වෙළඳපොළේ වංශකථාව
කොළඔ කොටස් වෙළඳපොළේ ලැයිස්තුගත සමාගම් කොටස් ගැන තොරතුරු¸විශ්ලේෂණ¸සාකච්ඡා¸ කටකතා¸රසකතා යන සියල්ල අපේම සිංහලෙන් කතා කළ හැකි ‘කතා මණ්ඩපය’

Contribute


Submit Post

CHRONICLE ANALYTICS
All Share Index (ASI), S&P, Milanka Price Index (MPI), Moving Averages and all other analytical graphs and charts

Contribute

Twitter Feeds

You are not connected. Please login or register

FINANCIAL CHRONICLE™ » DAILY CHRONICLE™ » Sri Lanka tourist arrivals up 9.5-pct in July

Sri Lanka tourist arrivals up 9.5-pct in July

Go down  Message [Page 1 of 1]

Redbulls

Redbulls
Director - Equity Analytics
Director - Equity Analytics
Aug 27, 2013 (LBO) - Sri Lanka's tourist arrivals rose 9.5 percent to 98,944 in July 2013 from a year earlier, helped by India, Germany and China, data from the state tourism promotion office said.

In the seven months to July visitors were up 12.5 percent to 611,222.

South Asian arrivals rose 24.6 percent to 20,974 with Indian visitors surging 30 percent to 15,032, bucking weak trend so far this year. Up to July visitors from India were up only 2.2 percent to 99,013.

Visitors from Western Europe rose 10.5 percent to 45,930 with arrivals from Germany up 40 percent to 8,203. Britain Sri Lanka's second largest generating market after India¬ send 14,005 visitors up 2.7 percent.

Arrivals from France were up 5.7 percent to 6,541, from Netherlands up 5.8 percent to 4,192 and from Switzerland up 8.3 percent to 3,194.

Visitors from the Middle East were down 49.9 percent to 2,751. In the six months to July Middle Eastern visitors were down 7.9 percent. Middle East has seen unrest and Sri Lankan nationalists had also been targeting the Muslim minority in recent months.

Visitors from East Asia were up 17.6 percent in July to 12,507, with China up 84 percent to 3,626.

Visitors from Japan were up 1.5 percent to 2,402. Tourists from Malaysia fell 17 percent to 1,362 and visitors from Singapore were down.
http://www.lankabusinessonline.com/news/sri-lanka-tourist-arrivals-up-9.5-pct-in-july/1196474433

sriranga

sriranga
Co-Admin
Sri Lanka tourist arrivals up 9.5-pct in July Tour10

http://sharemarket-srilanka.blogspot.co.uk/

UKboy

UKboy
Senior Vice President - Equity Analytics
Senior Vice President - Equity Analytics
where are these guys staying scratch 

Slstock

Slstock
Director - Equity Analytics
Director - Equity Analytics
Lucy akka's and Gune aiya home joints?


@UKboy wrote:where are these guys staying  scratch 

balapas


Senior Manager - Equity Analytics
Senior Manager - Equity Analytics
I have some friends and relations abroad. When they come to SL they ask me to check for places to stay. In Colombo there are lot of luxury apartments now. 6 people can stay at Crescat residencies at $135 a night (3 queen size bedrooms) and I negotiated $130 a night for 7 days for 7 people. The location is convenient with access to most 5 star hotel restaurants etc. The flexibility is there for short stay. Even if you look now on agoda or booking.com, at a star hotel it will be minimum of $150 for 2 people to stay after about 25% taxes.  

The thing is there are some local websites that market these apartments or houses and foreign websites have also listed these as condos available for rent etc. Therefore info is available for foreigners.    

Even outside Colombo in places like Hikkaduwa has 4-5 bedroom luxury Villas for about $300 a night. You can contact and negotiate as well. I see that Colombo is cheaper to rent for luxury category. In Hiikaduwa couple of months ago I saw mostly European and Russian tourists staying at houses or motels which would cost between Rs5000 to Rs8000 a night for 2 people. They are mostly backpackers so cant expect them to stay at good hotels.    

So you see there is lot of cost savings here and some people who stayed at hotels those days do not now. However I dont see this as a drastic drop for hotels.  

Cinnamon hotels and now Kingsbury are frequented by the rich of Colombo for dinning and private parties. So these hotels have a good chance to do well than others because of the true class they have. Further some city hotels will be closed for refurbishment. One wing of Galle face hotel is closed and Hilton will be closed for a year or so for refurbishment after CHOGM. Hilton badly needs a refurbishment. I heard either Galadari or Taj will be closed for refurbishment as well.



Last edited by balapas on Wed Aug 28, 2013 9:00 am; edited 1 time in total (Reason for editing : Edit)

sandunj


Senior Manager - Equity Analytics
Senior Manager - Equity Analytics
@balapas wrote:I have some friends and relations abroad. When they come to SL they ask me to check for places to stay. In Colombo there are lot of luxury apartments now. 6 people can stay at Crescat residencies at $135 a night (3 queen size bedrooms) and I negotiated $130 a night for 7 days for 7 people. The location is convenient with access to most 5 star hotel restaurants etc. The flexibility is there for short stay. Even if you look now on agoda or booking.com, at a star hotel it will be minimum of $150 for 2 people to stay after about 25% taxes.  

The thing is there are some local websites that market these apartments or houses and foreign websites have also listed these as condos available for rent etc. Therefore info is available for foreigners.    

Even outside Colombo in places like Hikkaduwa has 4-5 bedroom luxury Villas for about $300 a night. You can contact and negotiate as well. I see that Colombo is cheaper to rent for luxury category. In Hiikaduwa couple of months ago I saw mostly European and Russian tourists staying at houses or motels which would cost between Rs5000 to Rs8000 a night for 2 people. They are mostly backpackers so cant expect them to stay at good hotels.    

So you see there is lot of cost savings here and some people who stayed at hotels those days do not now. However I dont see this as a drastic drop for hotels.  

Cinnamon hotels and now Kingsbury are frequented by the rich of Colombo for dinning and private parties. So these hotels have a good chance to do well than others because of the true class they have. Further some city hotels will be closed for refurbishment. One wing of Galle face hotel is closed and Hilton will be closed for a year or so for refurbishment after CHOGM. Hilton badly needs a refurbishment. I heard either Galadari or Taj will be closed for refurbishment as well.

Suddanwa huran kanawane...

sandunj


Senior Manager - Equity Analytics
Senior Manager - Equity Analytics
@balapas wrote:I have some friends and relations abroad. When they come to SL they ask me to check for places to stay. In Colombo there are lot of luxury apartments now. 6 people can stay at Crescat residencies at $135 a night (3 queen size bedrooms) and I negotiated $130 a night for 7 days for 7 people. The location is convenient with access to most 5 star hotel restaurants etc. The flexibility is there for short stay. Even if you look now on agoda or booking.com, at a star hotel it will be minimum of $150 for 2 people to stay after about 25% taxes.  

The thing is there are some local websites that market these apartments or houses and foreign websites have also listed these as condos available for rent etc. Therefore info is available for foreigners.    

Even outside Colombo in places like Hikkaduwa has 4-5 bedroom luxury Villas for about $300 a night. You can contact and negotiate as well. I see that Colombo is cheaper to rent for luxury category. In Hiikaduwa couple of months ago I saw mostly European and Russian tourists staying at houses or motels which would cost between Rs5000 to Rs8000 a night for 2 people. They are mostly backpackers so cant expect them to stay at good hotels.    

So you see there is lot of cost savings here and some people who stayed at hotels those days do not now. However I dont see this as a drastic drop for hotels.  

Cinnamon hotels and now Kingsbury are frequented by the rich of Colombo for dinning and private parties. So these hotels have a good chance to do well than others because of the true class they have. Further some city hotels will be closed for refurbishment. One wing of Galle face hotel is closed and Hilton will be closed for a year or so for refurbishment after CHOGM. Hilton badly needs a refurbishment. I heard either Galadari or Taj will be closed for refurbishment as well.

Suddanwa huran kanawane... Bad

UKboy

UKboy
Senior Vice President - Equity Analytics
Senior Vice President - Equity Analytics
@slstock wrote:Lucy akka's and Gune aiya home joints?

@UKboy wrote:where are these guys staying  scratch 
yes thats true...

@ balapas

Good post.

It's a shame that our hoteliers keep moaning about costs.
Cost of staff, food, maintenance is higher in Europe yet room prices are pretty much similar (especially 3, 4 star rooms) to Sri Lanka. Some countries it's much less than in Sri Lanka

interest rates is a con though.

Sponsored content


Back to top  Message [Page 1 of 1]

Permissions in this forum:
You cannot reply to topics in this forum