HOTEL AND TRAVEL SECTOR

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

God Father wrote:Sri Lanka average arrivals per day had decreased by -15% to 3,761 (vs. 4,400 arrivals in the month of August). Tourist arrivals for the first 20 days of the Month of September were recorded at 75,222.  

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

Sri Lanka welcomes over 1 million tourists for 2023

Records highest post-pandemic arrivals so far
SLTDA Chief Priantha Fernando says milestone marks triumph of perseverance, resilience of tourism industry stakeholders
First 24 days of September draw 88,885 tourists, pushing YTD to 993,203
Top source markets in September so far include India, UK, Germany, Russia and China
Authorities anticipate 31,316 more arrivals to meet monthly target of 120,201 within next 5 days
Industry expresses optimism to achieve over 1.55 m arrivals by year end

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

Sri Lanka welcomes over 1 million tourists for 2023

Records highest post-pandemic arrivals so far
SLTDA Chief Priantha Fernando says milestone marks triumph of perseverance, resilience of tourism industry stakeholders
First 24 days of September draw 88,885 tourists, pushing YTD to 993,203
Top source markets in September so far include India, UK, Germany, Russia and China
Authorities anticipate 31,316 more arrivals to meet monthly target of 120,201 within next 5 days
Industry expresses optimism to achieve over 1.55 m arrivals by year end

K.R wrote:

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

Sri Lanka welcomes over 1 million tourists for 2023

Records highest post-pandemic arrivals so far
SLTDA Chief Priantha Fernando says milestone marks triumph of perseverance, resilience of tourism industry stakeholders
First 24 days of September draw 88,885 tourists, pushing YTD to 993,203
Top source markets in September so far include India, UK, Germany, Russia and China
Authorities anticipate 31,316 more arrivals to meet monthly target of 120,201 within next 5 days
Industry expresses optimism to achieve over 1.55 m arrivals by year end

Tourist arrivals surpass 1.2 m 


:small_red_triangle::small_red_triangle: Records highest daily arrival at 7,520 on 13 Nov




:small_red_triangle: YTD figure highest since 2019
:small_red_triangle: First 15 days of November welcome 74,664 tourists
:small_red_triangle: Records highest daily arrival at 7,520 on 13 Nov., daily average is almost at 5,000
:small_red_triangle: India, Russia, UK have emerged as top source markets so far in November


“This milestone is particularly significant as it illustrates a robust recovery post-pandemic, reflecting positively on Sri Lanka’s efforts to revive its tourism industry,” Tourism Minister Harin Fernando told the Daily FT



Sri Lanka Tourism has set an ambitious target of welcoming 2.5 million tourists and earning $ 4 billion in income in 2024.



https://www.ft.lk/front-page/Tourist-arrivals-surpass-1-2-m/44-755305

• Earnings in November up 55% YoY to $ 160 m 
  
  
• SLTDA Chief Priantha Fernando hails industry’s resilience, adaptability amid challenges
  
  
• November arrivals at 151,496 highest for the year and up 153.5% YoY but misses monthly target of 204,114
  
  
• India, Russia and Germany emerge as top source markets in November
  
  

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

I am expecting GALADARI to move above  20/= +

ErangaDS wrote:200000 - December highest monthly arrival in the past four years
8794 - Last 7 days average arrivals

SLTDA forecasts record tourist arrivals in 2024

The Sri Lanka Tourism Development Authority (SLTDA) expects tourist arrivals to exceed 2.3 million in 2024, generating a minimum revenue of $ 4.6 billion.
2024 were expected to exceed the previous all-time high of 2.3 million recorded in 2018.
https://www.themorning.lk/articles/HjH7dlSo9106Sg35okLA

Top Picks 2024

#JETS - Jetwing Symphony has a portfolio of 7 hotels with 325 rooms in 6 tourist hotspots.


#KHC - Kandy hotels has portfolio of 9 hotels with 516 hotel rooms in 7 tourist hotspots in Sri Lanka.

• Extends appreciation to Minister Harin Fernando, SLTDA and SLTPB heads for their support
  
  
• Points to record arrivals of over 200,000 in December and earnings to jump by 111% to $ 269.3 m as clear indication Minimum Room Rate in the City of Colombo has had no negative impact despite doomsayers
  
  
• Insists MRR indeed helped to up the game and hotels to perform better
  
  
• Expresses confidence over target of 2.3 m tourists and $ 4 b revenue in 2024
  
  
• Hoteliers to carry out aggressive digital promotional in key source markets to realise higher performance
  
  

SL to lure 1mn Chinese tourists under ‘Ni Hao Zhong Guo’ programme

• Efforts underway to reach 1mn Chinese tourist arrivals in 2025
  
  
• SLTDA shares a road map has been established for this purpose
  
  
• SLTDA officials to visit China in coming days to firm up plans for programme
  
  
• Key activities include RMB-based tourism activities, SL-Maldives itinerary and making accommodations/sites Chinese-friendly