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HOTEL AND TRAVEL SECTOR

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251HOTEL AND TRAVEL SECTOR - Page 11 Empty Re: HOTEL AND TRAVEL SECTOR Sat Jan 06, 2024 2:15 pm

ErangaDS


Senior Manager - Equity Analytics
Senior Manager - Equity Analytics

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

HOTEL AND TRAVEL SECTOR - Page 11 1f538.png?v=2.2Top 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.
ECONOMYNEXT – Sri Lanka’s 2023 tourism revenues jumped over 80 percent to $2.1 billion from $1.1 billion in the previous year, official data show.
The revenues more than doubled to $269.3 million in December 2023 from a year earlier from $127.3 million as the arrivals have gradually picked up after protest-led political crisis in 2022,


https://economynext.com/sri-lankas-2023-tourism-revenue-jumps-to-2-1-bln-from-previous-years-1-1-bln-146253/

K.R likes this post

252HOTEL AND TRAVEL SECTOR - Page 11 Empty Re: HOTEL AND TRAVEL SECTOR Sun Jan 07, 2024 9:53 pm

ErangaDS


Senior Manager - Equity Analytics
Senior Manager - Equity Analytics

🔸HABIBI come to Sri Lanka🔸


Indian celebrities join calls to boycott Maldives’ tourism over anti-India barbs

Indian tourists were the highest among visitors to the Maldives till December 2023, data from the country’s tourism ministry showed. According to the Maldives tourism ministry, a total of 17, 57,939 tourists arrived in the island nation till December 13, an increase of 12.6 per cent compared to the 1.5 million arrivals recorded in 2022.

The largest number of tourists who visited the Maldives were from India (2,09,198), followed by Russia (2,09,146) and China (1,87,118).

🔸🔸🔸25,619 tourists arrive in #SriLanka during the first 4 days of January 2024 -SLTDA data🔸🔸🔸
HOTEL AND TRAVEL SECTOR - Page 11 Img_2614

253HOTEL AND TRAVEL SECTOR - Page 11 Empty Re: HOTEL AND TRAVEL SECTOR Tue Jan 09, 2024 7:47 am

ErangaDS


Senior Manager - Equity Analytics
Senior Manager - Equity Analytics

The Hotels Association of Sri Lanka (THASL) President M. Shanthikumar yesterday hailed the strong rebound in tourism in 2023.

  • 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


https://www.ft.lk/front-page/Hotels-Association-of-Sri-Lanka-hails-growth-in-tourist-arrivals/44-757207


🔸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


https://www.dailymirror.lk/breaking-news/SL-to-lure-1mn-Chinese-tourists-under-Ni-Hao-Zhong-Guo-programme/108-274708

254HOTEL AND TRAVEL SECTOR - Page 11 Empty Re: HOTEL AND TRAVEL SECTOR Thu Jan 11, 2024 7:53 am

K.R


Manager - Equity Analytics
Manager - Equity Analytics

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

🔺SL tourism to reach pre-pandemic levels in 2024


🔺🔺According to SLTDA, Sri Lanka is prepared for the expected surge in tourist arrivals since in the formal sector alone, the country has over 53,000 rooms.

🔺The SLTDA expects tourist arrivals to exceed 2.3 million in 2024, generating a minimum revenue of $ 4.6 billion.

_TheMorning_

255HOTEL AND TRAVEL SECTOR - Page 11 Empty Re: HOTEL AND TRAVEL SECTOR Thu Jan 11, 2024 12:12 pm

ResearchMan


Manager - Equity Analytics
Manager - Equity Analytics

Tourist traffic is rising but tourism stocks are falling.

256HOTEL AND TRAVEL SECTOR - Page 11 Empty Tourist arrival 2024 Tue Jan 16, 2024 8:02 pm

buddikasmart

buddikasmart
Manager - Equity Analytics
Manager - Equity Analytics

HOTEL AND TRAVEL SECTOR - Page 11 Screen14

257HOTEL AND TRAVEL SECTOR - Page 11 Empty Re: HOTEL AND TRAVEL SECTOR Thu Jan 18, 2024 10:16 pm

sureshot

sureshot
Vice President - Equity Analytics
Vice President - Equity Analytics

sureshot wrote:

I am expecting GALADARI to move above  20/= +


     
     HOTEL AND TRAVEL SECTOR - Page 11 1f603 Today 18/=   &  Soon 20/=  HOTEL AND TRAVEL SECTOR - Page 11 1f600 

258HOTEL AND TRAVEL SECTOR - Page 11 Empty Re: HOTEL AND TRAVEL SECTOR Tue Feb 06, 2024 9:32 am

K.R

K.R
Manager - Equity Analytics
Manager - Equity Analytics

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

As per a report, following a diplomatic dispute between India and the Maldives, it seems that a significant number of Indian tourists are now choosing Sri Lanka as their preferred destination.
In January 2024, Sri Lanka experienced a surge in tourist arrivals, surpassing the Maldives.
It also anticipates a further boost in tourist arrivals from India, Russia and Europe till the end of the winter season or the end of next month with more charter flight services and international airlines expanding their frequencies.
HOTEL AND TRAVEL SECTOR - Page 11 Img_2619
HOTEL AND TRAVEL SECTOR - Page 11 Img_2620

ErangaDS likes this post

259HOTEL AND TRAVEL SECTOR - Page 11 Empty Re: HOTEL AND TRAVEL SECTOR Sat Feb 10, 2024 12:34 pm

ErangaDS

ErangaDS
Senior Manager - Equity Analytics
Senior Manager - Equity Analytics

Incredible 🇱🇰
Tourism sector will be unstoppable here on
HOTEL AND TRAVEL SECTOR - Page 11 Img_2618
HOTEL AND TRAVEL SECTOR - Page 11 1f538.png?v=2.2Top 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.

K.R likes this post

260HOTEL AND TRAVEL SECTOR - Page 11 Empty Re: HOTEL AND TRAVEL SECTOR Tue Feb 13, 2024 7:44 am

K.R

K.R
Manager - Equity Analytics
Manager - Equity Analytics

Harin says Indian companies likely to acquire major hotel chains in Sri Lanka

Says sale is likely to be secured by an Indian firm, reflecting growing interest of Indian investors in Sri Lanka

Reveals two Indian companies among shortlisted contenders for Grand Hyatt

Claims application for an exclusive Ritz Carlton Hotel in Arugambay and upcoming opening of an Intercontinental Hotel

Emphasises importance of increasing presence of top international hotel brands in Sri Lanka

https://www.ft.lk/front-page/Harin-says-Indian-companies-likely-to-acquire-major-hotel-chains-in-Sri-Lanka/44-758427

Top hotel chains will drive the sector
   CSE : KHL AHUN JETS KHC HOTEL AND TRAVEL SECTOR - Page 11 1f4cd.png?v=2.2

261HOTEL AND TRAVEL SECTOR - Page 11 Empty Re: HOTEL AND TRAVEL SECTOR Sat Feb 17, 2024 9:57 pm

ErangaDS

ErangaDS
Senior Manager - Equity Analytics
Senior Manager - Equity Analytics

ErangaDS wrote:Incredible 🇱🇰
Tourism sector will be unstoppable here on
HOTEL AND TRAVEL SECTOR - Page 11 Img_2618
HOTEL AND TRAVEL SECTOR - Page 11 1f538.png?v=2.2Top 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.
HOTEL AND TRAVEL SECTOR - Page 11 Img_0610

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