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FINANCIAL CHRONICLE™ » FINANCIAL CHRONICLE™ » Hotel and Travel Sector

Hotel and Travel Sector

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41Hotel and Travel Sector - Page 3 Empty Re: Hotel and Travel Sector Thu Dec 01, 2016 7:04 am

EquityChamp


Moderator
Moderator
Guys, put your attention on following counters from today onwards.
 AHUN declined by 11% for the last two months can expect a recovery towards 47/-
Galadari dropped by 12% for the same period so can expect a recovery towards 12/-
HUNA & KHL dropped by 15% and expecting a recovery towards 57/- and 12/- respectively
Tangerene dropped by 16% so expecting a recovery towards 59/-
Kingsburry's recovery will be towards 16/60 and Bansei will improve to 9/30
Citrus Hikkaduwa dropped by massive 22% and I am expecting a recovery towards 14/10 with Roya Palms recovering to 26/-
Also being dropped by 14% Pegasus will recover towards 31/70

Remember this is the season for Hotels and we all know the tourist arrivals have been increasing YoY.

Thanks

42Hotel and Travel Sector - Page 3 Empty Re: Hotel and Travel Sector Tue Dec 06, 2016 8:19 am

newone


Manager - Equity Analytics
Manager - Equity Analytics
Hunnas dividend is comming so. At that the moon. Watch & see this . At the moment good price to buy

43Hotel and Travel Sector - Page 3 Empty Hotel Sector Mon Jan 30, 2017 10:44 am

stockback


Senior Vice President - Equity Analytics
Senior Vice President - Equity Analytics
we can expect good result from hotel sector. every quarter they are improving...

bcz every year number of tourist arrival is increasing 

any ideas.....

44Hotel and Travel Sector - Page 3 Empty Re: Hotel and Travel Sector Mon Jan 30, 2017 11:06 am

Hawk Eye


Assistant Vice President - Equity Analytics
Assistant Vice President - Equity Analytics
Tourist arrival is increasing, Yes..But what kind of tourist...In the backdrop of a recessionary economic conditions what kind of tourist choosing SL ?

for the star class hotel segment to do well the high spending segment of the tourist should increase...More of the tourist arrive here are low cost accommodation and facility seeking backpackers.

On the other hand with a static number of rooms only way a hotel can show YoY growth is its prices.If the price increases the hotels become unattractive as there are more cheaper destination. Our city hotels have these issues. But the share price is trading at high PE

Have to be cautious in selecting

45Hotel and Travel Sector - Page 3 Empty Re: Hotel and Travel Sector Mon Jan 30, 2017 12:57 pm

sisira.wijeweera


Assistant Vice President - Equity Analytics
Assistant Vice President - Equity Analytics
@stockback wrote:we can expect good result from hotel sector. every quarter they are improving...

bcz every year number of tourist arrival is increasing 

any ideas.....
yes Buy STAF  last Two Yrs low Price Now
year EPS 8 +++ this is the last chanse to buy

46Hotel and Travel Sector - Page 3 Empty Re: Hotel and Travel Sector Mon Jan 30, 2017 1:00 pm

stockback


Senior Vice President - Equity Analytics
Senior Vice President - Equity Analytics
@sisira.wijeweera wrote:
@stockback wrote:we can expect good result from hotel sector. every quarter they are improving...

bcz every year number of tourist arrival is increasing 

any ideas.....
yes Buy STAF  last Two Yrs low Price Now
year EPS 8 +++ this is the last chanse to buy


all hotel will performed well. except few bad management ones

47Hotel and Travel Sector - Page 3 Empty Re: Hotel and Travel Sector Mon Jan 30, 2017 1:48 pm

Rifanmoh


Equity Analytic
Equity Analytic
KHL performance in Q3 Dec was disappointing however

48Hotel and Travel Sector - Page 3 Empty Re: Hotel and Travel Sector Mon Jan 30, 2017 2:04 pm

stockback


Senior Vice President - Equity Analytics
Senior Vice President - Equity Analytics
@Rifanmoh wrote:KHL performance in Q3 Dec was disappointing however


that is not a bad performance. revenue increase. they can improve profits in future....

49Hotel and Travel Sector - Page 3 Empty Re: Hotel and Travel Sector Mon Jan 30, 2017 2:50 pm

Ryan Hudson


Assistant Vice President - Equity Analytics
Assistant Vice President - Equity Analytics
for the disappointment share price already adjusted , now it is increase time

50Hotel and Travel Sector - Page 3 Empty Re: Hotel and Travel Sector Mon Jan 30, 2017 2:51 pm

Ryan Hudson


Assistant Vice President - Equity Analytics
Assistant Vice President - Equity Analytics
KHL to reach Rs. 12-14 in short mid term

51Hotel and Travel Sector - Page 3 Empty Hotels and Travels Sector Tue Jan 01, 2019 8:53 pm

ruwan326

ruwan326
Senior Vice President - Equity Analytics
Senior Vice President - Equity Analytics
Hotels Association poised to make major economic contribution
2019-01-01

The hotel industry remains the only industry in the country which has the potential to turn around the sluggish economy. We eagerly look forward to the opportunity of partnering with the government in taking Sri Lanka’s economy to new levels, with proper incentives and conditions in place similar to those in other countries in the region, The Hotels Association of Sri Lanka (THASL), said in a year-end statement yesterday.

Hotel and Travel Sector - Page 3 Image_1546324403-264718677cHotel and Travel Sector - Page 3 WAAACH5BAEKAAAALAAAAAABAAEAAAICRAEAOw==
“We further request the government to pursue both legal and policy reforms that will recognize tourism as an export industry and establish the necessary framework for a vibrant, diverse and successful tourism industry in Sri Lanka,” THASL President Sanath Ukwatte said.


THASL requests the government, once again, to treat the industry fairly. “Excessive and arbitrary taxation has made it very difficult for our member hotels to compete with other regional countries. Sri Lanka’s hotels pay 22 percent tax on the total revenue (not profit) in addition to corporate income tax (on profit). 

This includes taxes such as Value Added Tax (VAT), Nation Building Tax (NBT), Tourism Development Levy (TDL) and Economic Service Charge (ESC). This multiple taxation on both revenue and profit creates an environment that is unfavorable for Sri Lanka’s hotels and thereby makes our tourism offering uncompetitive in comparison to our neighbours. This is our strongest disincentive in developing the tourism industry.”


“In addition to the existing revenue-based tax burden, the tourism industry is also faced with municipalities and local governments threatening to charge an additional 1percent tax on total revenue. We believe this tax is entirely unrealistic, discriminatory and arbitrary as it only targets the hotel industry. Hotels already pay annual municipal and local government rates to cover municipal and local government services. We request the Government to abolish all such arbitrary taxes and adopt a simplified and fair tax policy similar to that applicable in other countries in the region. This is an urgent priority,” Ukwatte added.


“We would like to see the government taking some meaningful steps in the New Year to relieve us of uncompetitive tax burdens and encourage the sector to enhance and grow. We are hopeful that the budget for 2019 will accommodate our requests, in order to realize and strengthen the inherent potential of the industry.” 


THASL, which has a member base of over 250 hotels, said Sri Lanka is now steadily on the path to recovery, following a series of internal issues that rocked the industry.

 

http://www.dailymirror.lk/article/Hotels-Association-poised-to-make-major-economic-contribution-160509.html

52Hotel and Travel Sector - Page 3 Empty Re: Hotel and Travel Sector Wed Jan 02, 2019 7:51 am

easthetic


Equity Analytic
Equity Analytic
Higher taxes also leads businessmen to find ways to circumvent the tax payments as well.

53Hotel and Travel Sector - Page 3 Empty Re: Hotel and Travel Sector Tue Jan 08, 2019 8:14 pm

ruwan326

ruwan326
Senior Vice President - Equity Analytics
Senior Vice President - Equity Analytics
Sri Lanka's Hunas Falls soars amid take-over offer

Jan 07, 2019 

Sri Lanka's Hunas Falls Hotels Plc, a hotel in Sri Lanka's knuckles mountain range has soared 19.3 percent amid a take-over offer.

Carbotels (Pvt) Ltd, and Amaya Leisure Plc has which own 66.2 percent of the firm has received a take-over-offer for their entire holding subject to due diligence, Hunas Falls said in a stock exchange filing.
No price was mentioned.

On Friday the stock gained 21.40 rupees to close at 131.80 rupees.

In the six months to September 2018, the hotel earned revenues of 68.7 million rupees up 4 percent from a year earlier and lost 1.3 million rupees. 

But a profit of 4.8 million rupees, down from 6.5 million rupees was posted for the quarter.
The hotel is located off Kandy.

https://economynext.com/Sri_Lanka_s_Hunas_Falls_soars_amid_take_over_offer-3-13063-7.html

54Hotel and Travel Sector - Page 3 Empty Hotel Sector Thu Jan 17, 2019 9:51 am

ranferdi

ranferdi
Assistant Vice President - Equity Analytics
Assistant Vice President - Equity Analytics
Hotel sector will have a good year 2019 as Lonely planet named sri lanka as best travel destination for year 2019. I can see some collection happening right now.

http://::::THIS EMAIL DOESNT WORK.. PLEASE CONTACT ME ON FB ACCO

55Hotel and Travel Sector - Page 3 Empty HOTEL INDUSTRY Mon Apr 22, 2019 10:23 pm

Yahapalanaya

Yahapalanaya
Senior Vice President - Equity Analytics
Senior Vice President - Equity Analytics
Hotel idustry is going to affect due to current situation.Already Kingsbury and Cinnaman garden hotel damaged.Tourists are leaving and others cancel booking.Let's hope better outcome.

Now blood thirsty MARA gangs happy.

56Hotel and Travel Sector - Page 3 Empty Re: Hotel and Travel Sector Wed Apr 24, 2019 5:04 am

soileconomy

soileconomy
Vice President - Equity Analytics
Vice President - Equity Analytics
Not Hotel industry every industry is affected.
Whole country is in a utter mess

57Hotel and Travel Sector - Page 3 Empty Re: Hotel and Travel Sector Wed Apr 24, 2019 5:11 am

Yahapalanaya

Yahapalanaya
Senior Vice President - Equity Analytics
Senior Vice President - Equity Analytics
@soileconomy wrote:Not Hotel industry every industry is affected.
Whole country is in a utter mess
You and your people are happy now!!!

58Hotel and Travel Sector - Page 3 Empty Re: Hotel and Travel Sector Wed Apr 24, 2019 5:44 am

soileconomy

soileconomy
Vice President - Equity Analytics
Vice President - Equity Analytics
@Yahapalanaya wrote:
@soileconomy wrote:Not Hotel industry every industry is affected.
Whole country is in a utter mess
You and your people are happy now!!!
I am not in your mentality.

59Hotel and Travel Sector - Page 3 Empty Re: Hotel and Travel Sector Thu Oct 24, 2019 12:05 pm

Rare

Rare
Equity Analytic
Equity Analytic
Taj & Serv caught my eye; bought below 11.50.

60Hotel and Travel Sector - Page 3 Empty Re: Hotel and Travel Sector Thu Oct 24, 2019 12:47 pm

Winner123


Senior Manager - Equity Analytics
Senior Manager - Equity Analytics
Hotel sector warming up

61Hotel and Travel Sector - Page 3 Empty Re: Hotel and Travel Sector Thu Oct 24, 2019 1:16 pm

Rare

Rare
Equity Analytic
Equity Analytic
Yes dear winner.

62Hotel and Travel Sector - Page 3 Empty Re: Hotel and Travel Sector Thu Oct 24, 2019 5:46 pm

glad


Senior Manager - Equity Analytics
Senior Manager - Equity Analytics
@Winner123 wrote:Hotel sector warming up
Any reason why? Any new tax incentives to hotel industry?

63Hotel and Travel Sector - Page 3 Empty cargo boat Thu Oct 24, 2019 7:12 pm

abey


Senior Manager - Equity Analytics
Senior Manager - Equity Analytics
silent buying Laughing Laughing Laughing

64Hotel and Travel Sector - Page 3 Empty Re: Hotel and Travel Sector Thu Oct 24, 2019 7:23 pm

abey


Senior Manager - Equity Analytics
Senior Manager - Equity Analytics
royal parm beach hotel reach rs 20-22 short term (low selling presure)yoyr attension

65Hotel and Travel Sector - Page 3 Empty Re: Hotel and Travel Sector Fri Oct 25, 2019 9:37 am

God Father


Manager - Equity Analytics
Manager - Equity Analytics
Hotels and travel sector will take at least 4 financial quarters to recover pre April levels. By that time all hotels will be over valued.

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