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HOTEL AND TRAVEL SECTOR

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176HOTEL AND TRAVEL SECTOR - Page 8 Empty Re: HOTEL AND TRAVEL SECTOR Tue May 23, 2023 7:24 pm

K.R


Manager - Equity Analytics
Manager - Equity Analytics

KHL Financial Highlights Q4

QoQ - Strong recovery in the Sri Lankan and Maldives segments aid earnings growth.

HOTEL AND TRAVEL SECTOR - Page 8 48db9d10

ErangaDS likes this post

177HOTEL AND TRAVEL SECTOR - Page 8 Empty Re: HOTEL AND TRAVEL SECTOR Wed May 24, 2023 1:26 pm

K.R


Manager - Equity Analytics
Manager - Equity Analytics

Hotels to get their electricity bills slashed

July electricity tariff revision proposed by CEB:

🏨 Hotels to be included under Industrial category enabling a 29% to 40% reduction

🏠 0-30 unit consumers: 23% to 29% reduction

🏠 31-60 units: 9% reduction

HOTEL AND TRAVEL SECTOR - Page 8 D0155f10

ErangaDS likes this post

178HOTEL AND TRAVEL SECTOR - Page 8 Empty Re: HOTEL AND TRAVEL SECTOR Fri May 26, 2023 12:20 pm

K.R


Manager - Equity Analytics
Manager - Equity Analytics

AHUN Financial Highlights Q4

QoQ - Elevated revenue (the Sri Lankan segment saw a 138% QoQ increase in revenue) and improved margins drive bottom-line growth.

HOTEL AND TRAVEL SECTOR - Page 8 9aabc110

ErangaDS likes this post

179HOTEL AND TRAVEL SECTOR - Page 8 Empty Re: HOTEL AND TRAVEL SECTOR Mon May 29, 2023 7:23 pm

K.R


Manager - Equity Analytics
Manager - Equity Analytics

JETS Financial Highlights Q4

Revenue : 26% YoY 📈

🏨 Posts a net profit of Rs. 416 MN for MAR-2023-Q, vs a loss of (Rs. 539 MN ) in MAR-2022-Q.
EPS -: 0.79 vs (1.06) YoY increase 178%

HOTEL AND TRAVEL SECTOR - Page 8 24570e10

ErangaDS likes this post

180HOTEL AND TRAVEL SECTOR - Page 8 Empty Re: HOTEL AND TRAVEL SECTOR Wed May 31, 2023 9:07 am

ErangaDS


Senior Manager - Equity Analytics
Senior Manager - Equity Analytics

52 Week Range (31/05/22 - 31/05/23) , Current Market Price (CMP) & Year to Date Stock Performance (YTD) : KHL , AHUN , JETS

KHL      9.70 - 20.90
              CMP 16.80
              YTD  37.70% ⬆

AHUN   28.00 - 68.00
              CMP  56.00
              YTD  72.31% ⬆

JETS     5.80 - 16.50
              CMP   6.40
              YTD (42.86%) ⬇


[size=33]May achieves monthly arrivals target regardless of season[/size]

*Despite it being an off-peak month, May achieved its monthly arrivals target comfortably. The strong tourism rebound is expected to continue well into 2023 regardless of global pressures and challenges. 

*Earnings from the tourism industry were nearly $ 700 million in the first four months of 2023, in tandem with over 100,000 visitors Sri Lanka welcomed from January to April.

*Despite the multiple challenges faced, the tourism industry remains optimistic as they ramp up efforts to achieve the set targets of 2 million arrivals and over $ 2 billion in revenue to overcome the economic woes. 


https://www.ft.lk/front-page/May-achieves-monthly-arrivals-target-regardless-of-season/44-748895

K.R likes this post

181HOTEL AND TRAVEL SECTOR - Page 8 Empty Re: HOTEL AND TRAVEL SECTOR Mon Jun 12, 2023 9:08 am

K.R

K.R
Manager - Equity Analytics
Manager - Equity Analytics

First eight days of April draw over 22,000 tourists

Cumulative arrivals near 550,000 mark
India remains top source market followed by Russia, UK, Australia, Germany

Industry analysts said regardless of global constraints and uncertainties, the strong tourism rebound is likely to continue well into 2023.

Tourism accounts for close to 5% of Sri Lanka’s economy. The industry is hopeful of achieving its upwardly revised target of two million visitors and an income of over $ 3 billion in 2023.

https://www.ft.lk/front-page/First-eight-days-of-April-draw-over-22-000-tourists/44-749401


HOTEL AND TRAVEL SECTOR - Page 8 Img_2111

182HOTEL AND TRAVEL SECTOR - Page 8 Empty Re: HOTEL AND TRAVEL SECTOR Tue Jun 13, 2023 9:01 am

K.R

K.R
Manager - Equity Analytics
Manager - Equity Analytics

ErangaDS wrote:52 Week Range (31/05/22 - 31/05/23) , Current Market Price (CMP) & Year to Date Stock Performance (YTD) : KHL , AHUN , JETS

KHL      9.70 - 20.90
              CMP 16.80
              YTD  37.70% ⬆

AHUN   28.00 - 68.00
              CMP  56.00
              YTD  72.31% ⬆

JETS     5.80 - 16.50
              CMP   6.40
              YTD (42.86%) ⬇


[size=33]May achieves monthly arrivals target regardless of season[/size]

*Despite it being an off-peak month, May achieved its monthly arrivals target comfortably. The strong tourism rebound is expected to continue well into 2023 regardless of global pressures and challenges. 

*Earnings from the tourism industry were nearly $ 700 million in the first four months of 2023, in tandem with over 100,000 visitors Sri Lanka welcomed from January to April.

*Despite the multiple challenges faced, the tourism industry remains optimistic as they ramp up efforts to achieve the set targets of 2 million arrivals and over $ 2 billion in revenue to overcome the economic woes. 


https://www.ft.lk/front-page/May-achieves-monthly-arrivals-target-regardless-of-season/44-748895

#JETS has beaten down heavily recent months. 
Recovery will be interesting 

  • despite economic slowdown in key source markets, global demand for luxury travel remains very strong

  • Wants upcoming global communication campaign to showcase iconic resorts 


                       _Tourism industry veteran and Jetwing Symphony PLC Chairman Hiran Cooray 
https://www.dailymirror.lk/business/Jetwing-chief-recommends-showcasing-SLs-iconic-resorts-to-lure-high-end-travellers/215-260989 


HOTEL AND TRAVEL SECTOR - Page 8 Img_2112

ErangaDS likes this post

183HOTEL AND TRAVEL SECTOR - Page 8 Empty Re: HOTEL AND TRAVEL SECTOR Thu Jun 15, 2023 10:49 pm

ErangaDS

ErangaDS
Senior Manager - Equity Analytics
Senior Manager - Equity Analytics

Indeed 💡
JETS has down more than 40% YTD & compared with the valuations and the price movements of the other two hotel chains “JETS” has more room to grow.
******* Further JETS has returned to profitability for the first time since COVID in Q4 23 ********

K.R and Beyondsenses like this post

184HOTEL AND TRAVEL SECTOR - Page 8 Empty Re: HOTEL AND TRAVEL SECTOR Sun Jun 25, 2023 12:23 pm

K.R

K.R
Manager - Equity Analytics
Manager - Equity Analytics

#SriLanka attracts 61,183 tourists in the 1st 20-days of June 2023, indicating an increasing trend in the off-season month

✈ The daily average arrivals has increased to 3,059 in the 20-days of June, compared to 2,775 in the 1st 8-days of June & 2,687 in May

HOTEL AND TRAVEL SECTOR - Page 8 Img_2113

185HOTEL AND TRAVEL SECTOR - Page 8 Empty Re: HOTEL AND TRAVEL SECTOR Sun Jun 25, 2023 2:46 pm

ResearchMan

ResearchMan
Manager - Equity Analytics
Manager - Equity Analytics

Reduced by 50% in this sector and bought TB as an emergency fund.

186HOTEL AND TRAVEL SECTOR - Page 8 Empty Re: HOTEL AND TRAVEL SECTOR Mon Jun 26, 2023 7:45 am

ErangaDS

ErangaDS
Senior Manager - Equity Analytics
Senior Manager - Equity Analytics

From 1 August five stars required to charge $ 130 plus taxes as opposed to $ 60 at present due to intense price undercutting

Express confidence move will help improve financial viability of city hotels; save jobs and boost industry earnings
_The Hotels Association of Sri Lanka President M. Shanthikumar_

https://www.ft.lk/top-story/Minimum-room-rate-is-back-to-city-hotels-to-boost-tourism-earnings/26-749946

187HOTEL AND TRAVEL SECTOR - Page 8 Empty Re: HOTEL AND TRAVEL SECTOR Mon Jun 26, 2023 4:01 pm

Citizen Silva


Equity Analytic
Equity Analytic

ErangaDS wrote:From 1 August five stars required to charge $ 130 plus taxes as opposed to $ 60 at present due to intense price undercutting

Express confidence move will help improve financial viability of city hotels; save jobs and boost industry earnings
_The Hotels Association of Sri Lanka President M. Shanthikumar_

https://www.ft.lk/top-story/Minimum-room-rate-is-back-to-city-hotels-to-boost-tourism-earnings/26-749946
Such price fixing is never sustainable. Free markets should be allowed to find its equilibrium based on supply and demand.

188HOTEL AND TRAVEL SECTOR - Page 8 Empty Re: HOTEL AND TRAVEL SECTOR Tue Jun 27, 2023 9:10 am

K.R

K.R
Manager - Equity Analytics
Manager - Equity Analytics

Top hotel chains will drive the sector 
      CSE : KHL AHUN JETS 📍


SL tourism confident of ambitious 2 m arrivals in 2023

^Plans to boost arrivals to 5 m, whilst earning $ 21.6 b by 2030
“As part of its long-term strategy to welcome 5 million visitors by 2030, it hopes to lift the average spending per visitor to $ 4,000, with 2.5 million of them spending over $ 500 per day, indicating a concentration on luring high-end tourists.“

https://www.ft.lk/top-story/SL-tourism-confident-of-ambitious-2-m-arrivals-in-2023/26-749987

HOTEL AND TRAVEL SECTOR - Page 8 Img_2114
HOTEL AND TRAVEL SECTOR - Page 8 Img_2115

ErangaDS likes this post

189HOTEL AND TRAVEL SECTOR - Page 8 Empty Re: HOTEL AND TRAVEL SECTOR Sat Jul 01, 2023 3:56 pm

K.R

K.R
Manager - Equity Analytics
Manager - Equity Analytics

Excellent!!!!
HOTEL AND TRAVEL SECTOR - Page 8 20230710

190HOTEL AND TRAVEL SECTOR - Page 8 Empty Re: HOTEL AND TRAVEL SECTOR Sun Jul 02, 2023 2:31 pm

ResearchMan

ResearchMan
Manager - Equity Analytics
Manager - Equity Analytics

May have to wait nearly 3 to 5 years to get  multibagger returns from selected  few hotel stocks. I took a postion in one debt free solid hotel so far when everybody is selling.

K.R likes this post

191HOTEL AND TRAVEL SECTOR - Page 8 Empty Re: HOTEL AND TRAVEL SECTOR Mon Jul 03, 2023 10:44 am

K.R

K.R
Manager - Equity Analytics
Manager - Equity Analytics

Better to stay with Hotel Chains 📈

100,000 foreign tourists in Sri Lanka in June 2023
625,000 tourists visited the country so far in 2023.
A total number of 720,000  tourists arrived in 2022.
https://english.newsfirst.lk/2023/7/2/100-000-foreign-tourists-in-sri-lanka-in-june-2023

192HOTEL AND TRAVEL SECTOR - Page 8 Empty Re: HOTEL AND TRAVEL SECTOR Tue Jul 04, 2023 8:49 am

K.R

K.R
Manager - Equity Analytics
Manager - Equity Analytics

K.R wrote:Top hotel chains will drive the sector 
      CSE : KHL AHUN JETS 📍


SL tourism confident of ambitious 2 m arrivals in 2023

^Plans to boost arrivals to 5 m, whilst earning $ 21.6 b by 2030
“As part of its long-term strategy to welcome 5 million visitors by 2030, it hopes to lift the average spending per visitor to $ 4,000, with 2.5 million of them spending over $ 500 per day, indicating a concentration on luring high-end tourists.“

https://www.ft.lk/top-story/SL-tourism-confident-of-ambitious-2-m-arrivals-in-2023/26-749987

HOTEL AND TRAVEL SECTOR - Page 8 Img_2114
HOTEL AND TRAVEL SECTOR - Page 8 Img_2115

#China makes strong comeback being 5th largest source market in June 


Air China Back first flight arrived BIA Last night with 142 passengers they operate 03 flights a week from Chengdu to Colombo



During the crisis-free 2018, tourist arrivals from China stood at 265,965 and was the second largest generating market for Sri Lanka.

“China is expected to perform better going forward, as three of its main carriers are now operating into Colombo,” Sri Lanka Tourism Development Authority (SLTDA) Chairman Priantha Fernando told the Daily FT.



HOTEL AND TRAVEL SECTOR - Page 8 Img_2210

ResearchMan likes this post

193HOTEL AND TRAVEL SECTOR - Page 8 Empty Re: HOTEL AND TRAVEL SECTOR Tue Jul 04, 2023 10:05 am

ResearchMan

ResearchMan
Manager - Equity Analytics
Manager - Equity Analytics

K.R wrote:
K.R wrote:Top hotel chains will drive the sector 
      CSE : KHL AHUN JETS 📍


SL tourism confident of ambitious 2 m arrivals in 2023

^Plans to boost arrivals to 5 m, whilst earning $ 21.6 b by 2030
“As part of its long-term strategy to welcome 5 million visitors by 2030, it hopes to lift the average spending per visitor to $ 4,000, with 2.5 million of them spending over $ 500 per day, indicating a concentration on luring high-end tourists.“

https://www.ft.lk/top-story/SL-tourism-confident-of-ambitious-2-m-arrivals-in-2023/26-749987

HOTEL AND TRAVEL SECTOR - Page 8 Img_2114
HOTEL AND TRAVEL SECTOR - Page 8 Img_2115

#China makes strong comeback being 5th largest source market in June 


Air China Back first flight arrived BIA Last night with 142 passengers they operate 03 flights a week from Chengdu to Colombo



During the crisis-free 2018, tourist arrivals from China stood at 265,965 and was the second largest generating market for Sri Lanka.

“China is expected to perform better going forward, as three of its main carriers are now operating into Colombo,” Sri Lanka Tourism Development Authority (SLTDA) Chairman Priantha Fernando told the Daily FT.



HOTEL AND TRAVEL SECTOR - Page 8 Img_2210
Thank you for the update. Food and hotels are connected to each other.

K.R likes this post

194HOTEL AND TRAVEL SECTOR - Page 8 Empty Re: HOTEL AND TRAVEL SECTOR Mon Jul 10, 2023 5:56 pm

K.R

K.R
Manager - Equity Analytics
Manager - Equity Analytics

Tourism earnings soar to nearly $ 1 b in 1H

Sri Lanka’s tourism industry has showcased an impressive rebound in the first half of 2023, with earnings reaching nearly $ 1 billion, along with steady growth in arrivals.
https://www.ft.lk/front-page/Tourism-earnings-soar-to-nearly-1-b-in-1H/44-750389

HOTEL AND TRAVEL SECTOR - Page 8 Img_2213

195HOTEL AND TRAVEL SECTOR - Page 8 Empty Re: HOTEL AND TRAVEL SECTOR Wed Jul 12, 2023 4:28 pm

LHW

LHW
Manager - Equity Analytics
Manager - Equity Analytics

Sri Lanka Tourism Development Authority - Weekly Report
SUMMARY REPORT
Tourist arrivals from 01st to 06th July 2023

https://www.sltda.gov.lk/storage/common_media/WeeklyArrivals1stWeekJuly(1-6).pdf
HOTEL AND TRAVEL SECTOR - Page 8 Img_2210

196HOTEL AND TRAVEL SECTOR - Page 8 Empty Re: HOTEL AND TRAVEL SECTOR Wed Jul 12, 2023 7:31 pm

K.R

K.R
Manager - Equity Analytics
Manager - Equity Analytics

K.R wrote:Top hotel chains will drive the sector 
      CSE : KHL AHUN JETS 📍


SL tourism confident of ambitious 2 m arrivals in 2023

^Plans to boost arrivals to 5 m, whilst earning $ 21.6 b by 2030
“As part of its long-term strategy to welcome 5 million visitors by 2030, it hopes to lift the average spending per visitor to $ 4,000, with 2.5 million of them spending over $ 500 per day, indicating a concentration on luring high-end tourists.“

https://www.ft.lk/top-story/SL-tourism-confident-of-ambitious-2-m-arrivals-in-2023/26-749987

HOTEL AND TRAVEL SECTOR - Page 8 Img_2114
HOTEL AND TRAVEL SECTOR - Page 8 Img_2115

The Kandy Hotels Company (1983) PLC (KHC)

Like a Star @ heaven One of the most unnoticed hotel chains in CSE 
Like a Star @ heaven KHC has become the sole owner of the United Hotels Company ltd(EKKO Hotels) after the private placement
Like a Star @ heaven KHC valued at RS 14.96 , based on independent valuation obtained by BDO Consulting Ltd for the private placement 


KHC listed the following benefits to existing shareholders following the transaction
1. With the acquisition of the diversified hotel portfolio of UHC (and its subsidiaries) consisting of the Ekho Surf Hotel Bentota, Ekho Safari Hotel Tissamaharama, The Lake Hotel and the iconic Lake House in Polonnaruwa, KHC will enhance its tourism footprint across key tourist locations, which can cater to a wide variety of clientele
2. Provide the opportunity of a higher earnings base from the combined properties
3. Facilitate access to the significant cash reserves of UHC Group, which are primarily derived from the disposal of the investment in the Maldives as per market announcements made previously by the Parent Company (CHC PLC) that would be available for future investment purposes and or to strengthen the combined balance sheet
4. Create economies of scale and greater synergies by combining common resources, including access to the significant cash pool for future development of the properties
5. Create a much larger and a stronger balance sheet with a combined post restructure Net Asset Value of over Rs. 11 billion, based on the independent valuation report of BDO Consulting Ltd.
6. Streamline the Group structure and make its market attractive by bringing together the key hotel properties of CHC PLC Group under a single umbrella within KHC, post-acquisition
7. Provide an opportunity for KHC to seek an upward re-rating of the valuations of KHC
https://www.ft.lk/business/Kandy-Hotels-to-become-sole-shareholder-of-United-Hotels-via-Rs-3-8-b-worth-share-swap/34-744869

197HOTEL AND TRAVEL SECTOR - Page 8 Empty Re: HOTEL AND TRAVEL SECTOR Thu Jul 13, 2023 6:37 pm

K.R

K.R
Manager - Equity Analytics
Manager - Equity Analytics

Top hotel chains will drive the sector
CSE : KHL AHUN JETS KHC 📍


✈ Sri Lanka sees a significant incline in arrivals with 46,635 recorded in the first 11-days of July -SLTDA

HOTEL AND TRAVEL SECTOR - Page 8 Img_2222

198HOTEL AND TRAVEL SECTOR - Page 8 Empty Re: HOTEL AND TRAVEL SECTOR Fri Jul 14, 2023 9:29 am

LHW

LHW
Manager - Equity Analytics
Manager - Equity Analytics

LHW wrote:Sri Lanka Tourism Development Authority - Weekly Report
SUMMARY REPORT
Tourist arrivals from 01st to 06th July 2023

https://www.sltda.gov.lk/storage/common_media/WeeklyArrivals1stWeekJuly(1-6).pdf
HOTEL AND TRAVEL SECTOR - Page 8 Img_2210


The great turnaround”


The glimpse of Sri Lanka’s tourism story 2023 



The most recent information released by the Sri Lanka Tourism Development Authority (SLTDA) showed a substantial increase in the number of Chinese tourists visiting Sri Lanka. 
Between the first 11 days of July, Sri Lanka witnessed a total of 46,635 arrivals 



India dominates the list as the largest source market for Sri Lanka, accounting for 18 percent or 8,169 arrivals, whereas the United Kingdom ranks the second, bringing in 10 percent or 4,474 arrivals.
The other key markets include the Maldives, France, Australia, Canada and the United States.
The provisional data from the SLTDA showed that with the July performance so far, the number of international visitors entering the country from January 01 to July 11 stood at 671,509.

HOTEL AND TRAVEL SECTOR - Page 8 Img_2211

199HOTEL AND TRAVEL SECTOR - Page 8 Empty Re: HOTEL AND TRAVEL SECTOR Fri Jul 14, 2023 2:46 pm

ResearchMan

ResearchMan
Manager - Equity Analytics
Manager - Equity Analytics

LHW wrote:
LHW wrote:Sri Lanka Tourism Development Authority - Weekly Report
SUMMARY REPORT
Tourist arrivals from 01st to 06th July 2023

https://www.sltda.gov.lk/storage/common_media/WeeklyArrivals1stWeekJuly(1-6).pdf
HOTEL AND TRAVEL SECTOR - Page 8 Img_2210


The great turnaround”


The glimpse of Sri Lanka’s tourism story 2023 



The most recent information released by the Sri Lanka Tourism Development Authority (SLTDA) showed a substantial increase in the number of Chinese tourists visiting Sri Lanka. 
Between the first 11 days of July, Sri Lanka witnessed a total of 46,635 arrivals 



India dominates the list as the largest source market for Sri Lanka, accounting for 18 percent or 8,169 arrivals, whereas the United Kingdom ranks the second, bringing in 10 percent or 4,474 arrivals.
The other key markets include the Maldives, France, Australia, Canada and the United States.
The provisional data from the SLTDA showed that with the July performance so far, the number of international visitors entering the country from January 01 to July 11 stood at 671,509.

HOTEL AND TRAVEL SECTOR - Page 8 Img_2211
I didn't know that TAJ hotel have announced quarterly earnings. Anyway one hotel company which gave me good capital gain in the past. It’s one of the high momentum stocks. Good luck! This time I took a position in RCH after seeing and studying their rock balance sheet when others are selling. 

200HOTEL AND TRAVEL SECTOR - Page 8 Empty A hotel in Cambodia Sat Jul 15, 2023 11:36 pm

Maharaja


Expert
Expert

NAV - 21
Eps - (Cool

1.) After the rights issue of over Rs.10 billion the money from rights issue will decrease net finance costs of (1.1Bn). And can result in a net finance INCOME !

2.) Exchange loss of (2.4Bn) is not repetitive. As the rupee depreciate against the dollar, can expect a exchange gain.

Worst case result ;
Net finance cost - 0 (excess cash of 10Bn will generate interest income, still we shall not consider it)
Exchange loss - 0 (assuming dollar won’t go below 290/-)

This results in a positive difference of 1.16BN + 2.4BN compared to the previous quarter. 3.56BN Worth of loss will not appear. 

Real scenario - a net positive number. From interest income and exchange gains. 

3.) Reversal in electricity tariffs for hotels !

4.) The huge influx of tourists. Airline companies starting direct routes. Chinese markets coming down with 3 flights a week. The big marketing campaigns done with the direct supervision of gov heads. (The recent promotion for all ambassadors) 
These will result in the Golden days of tourism. 


5.) Illiquid and a favorite hotel counter. 



This is not investment advise. And information is about a company in Cambodia and not SL. So please do not use these for any investments.


Maharaja 

201HOTEL AND TRAVEL SECTOR - Page 8 Empty Re: HOTEL AND TRAVEL SECTOR Mon Jul 17, 2023 7:29 am

K.R

K.R
Manager - Equity Analytics
Manager - Equity Analytics

K.R wrote:Top hotel chains will drive the sector
     CSE : KHL AHUN JETS KHC 📍


✈ Sri Lanka sees a significant incline in arrivals with 46,635 recorded in the first 11-days of July -SLTDA

HOTEL AND TRAVEL SECTOR - Page 8 Img_2222

Over 55,000 tourists in first 13 days of July 

China makes strong comeback to top three markets behind India and UK
YTD arrivals at 680,440

https://www.ft.lk/front-page/Over-55-000-tourists-in-first-13-days-of-July/44-750706

ErangaDS likes this post

202HOTEL AND TRAVEL SECTOR - Page 8 Empty Re: HOTEL AND TRAVEL SECTOR Mon Jul 17, 2023 1:26 pm

rajini


Manager - Equity Analytics
Manager - Equity Analytics

They are going to create a bad loan bank.
Also add citrus group shares to the watch list. There might be a possibility to change the ownership.

203HOTEL AND TRAVEL SECTOR - Page 8 Empty Re: HOTEL AND TRAVEL SECTOR Tue Jul 18, 2023 8:55 am

K.R

K.R
Manager - Equity Analytics
Manager - Equity Analytics

K.R wrote:
K.R wrote:Top hotel chains will drive the sector
     CSE : KHL AHUN JETS KHC 📍


✈ Sri Lanka sees a significant incline in arrivals with 46,635 recorded in the first 11-days of July -SLTDA

HOTEL AND TRAVEL SECTOR - Page 8 Img_2222

Over 55,000 tourists in first 13 days of July 

China makes strong comeback to top three markets behind India and UK
YTD arrivals at 680,440

https://www.ft.lk/front-page/Over-55-000-tourists-in-first-13-days-of-July/44-750706

SL to cross 700,000 tourist arrivals milestone today

  • Improved pace in tourist arrivals seen in July

  • Daily arrival average significantly improves to 4,300 level

  • India leads as key source market for year so far

  • Russia and UK follow closely behind

  • China expected to move higher up on list faster in coming months 



https://www.dailymirror.lk/breaking_news/SL-to-cross-700-000-tourist-arrival-milestone-today/108-263330

ErangaDS likes this post

204HOTEL AND TRAVEL SECTOR - Page 8 Empty Re: HOTEL AND TRAVEL SECTOR Sun Jul 23, 2023 4:31 pm

Maharaja


Expert
Expert

Dear friends,

This Cambodian hotel’s stock price reached 14 range. 
Maharaja hopes readers can benefit during the next hotel rally.


Maharaja

205HOTEL AND TRAVEL SECTOR - Page 8 Empty Re: HOTEL AND TRAVEL SECTOR Mon Jul 24, 2023 8:54 pm

ErangaDS

ErangaDS
Senior Manager - Equity Analytics
Senior Manager - Equity Analytics

SL tourism fulfils 65% of July arrivals target in first 20 days - Breaking News | Daily Mirror

*A total of 89, 724 tourists have explored the island nation so far
*India, UK, and China rank as top three tourist traffic generators for July 23
*Need to lure at least 47, 870 within remaining 11 days

​Sri Lanka tourism progresses into the summer with a shine after a period of three years as nearly 90,000 international visitors entering the country in the first 20 days of July.
In the first 20 days of July, Sri Lanka has lured a total of 89, 724 tourists, a significant increase in the rate of tourist arrivals when compared with the previous three years.​

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