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FINANCIAL CHRONICLE™ » FINANCIAL CHRONICLE™ » TOURISM INDUSTRY

TOURISM INDUSTRY

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1TOURISM INDUSTRY Empty Re: TOURISM INDUSTRY on Tue Dec 22, 2020 12:51 pm

samaritan


Moderator
Moderator
TOURISM INDUSTRY Arieal-Cape-Weligama


The storm shall pass and we will bounce back stronger, says THASL President


This period has also been an ideal time for us to turn the searchlight inwards and to ask what  our industry can do to revive post Covid tourism. Tourism is a widespread industry. In Sri Lanka, We have reached every nook and corner of our paradise island. We bring people together across cultural, religious and national borders. We help people experience, appreciate and celebrate differences. Through tourism, we show that diversity is strength and not something to be feared. People all over the world travel to Sri Lanka because they value and celebrate our diverse offerings not just our historic and natural diversity but the diversity and vibrancy of our people.
 
Tourism can therefore easily be a catalyst for both economic and national solidarity. As I speak, there are new hotel investments happening in the country. 


They are creating job opportunities for our youth, women and other marginalised people and giving hope to many more. In our industry, we believe-in and strive for equal opportunity for all. We are Sri Lanka and we celebrate Sri Lanka in all her glory.


We believe that our strength is in our people and their resilience and that our smiles will turn the darkest of days to the brightest of moments. That is why I am confident that we will succeed and come out of this crisis stronger than ever. 


My friends, this storm shall pass and out of it, will come a stronger, more confident industry and nation.


http://www.dailymirror.lk/print/features/The-storm-shall-pass-and-we-will-bounce-back-stronger--says-THASL-President/185-202285


_________________




The biggest risk in life is not taking any risk at all.

2TOURISM INDUSTRY Empty Re: TOURISM INDUSTRY on Tue Dec 22, 2020 8:51 am

Promoney


Senior Manager - Equity Analytics
Senior Manager - Equity Analytics
TOURISM INDUSTRY Scree213

3TOURISM INDUSTRY Empty Re: TOURISM INDUSTRY on Mon Dec 21, 2020 6:59 pm

rajini


Equity Analytic
Equity Analytic
Interest cut for the hotels on bank loans for 2 years is not something impossible to happen. Dr. Hasha De Silva also showed the necessity. Keep your eye on the cabinet proposals

4TOURISM INDUSTRY Empty Re: TOURISM INDUSTRY on Mon Dec 21, 2020 2:44 pm

samaritan


Moderator
Moderator
CORONA NEW VARIANT


TRUTH REVEALED BELOW:


It is normal for viruses to mutate all the time. Most of the new variants die out, but there are times when they spread without altering the virus's behaviour. Rarely, they trigger dramatic changes.


There is no evidence suggesting vaccines will be any less effective against the new variant, UK PM Boris Johnson said.


Meanwhile, Britain's Chief Scientific Adviser Patrick Vallance said Covid-19 vaccines appeared to be adequate in generating an immune response to the variant of the coronavirus.


https://www.indiatoday.in/coronavirus-outbreak/story/can-vaccines-stop-coronavirus-new-strain-all-you-need-to-know-1751574-2020-12-21


There is nothing to be alarmed of, but as usual some elements are trying to cause panic.


_________________




The biggest risk in life is not taking any risk at all.

5TOURISM INDUSTRY Empty Re: TOURISM INDUSTRY on Tue Dec 15, 2020 8:13 pm

RJ1010


Senior Manager - Equity Analytics
Senior Manager - Equity Analytics
Hopefully it would be a good investment for LOLC in long run.
It definitely wasn’t a good business for HHL to hold onto.

Kipling likes this post

6TOURISM INDUSTRY Empty Re: TOURISM INDUSTRY on Tue Dec 15, 2020 7:41 pm

sureshot

sureshot
Vice President - Equity Analytics
Vice President - Equity Analytics
@RJ1010 wrote:
@sureshot wrote:Tourism industry will be benefited from the coming budget .

I am taking a chance  to buy HOTELS SECTOR  shares which may give you a high return within few days.

High return in few days? How?

LOLC Group acquires Serendib Hotels PLC (SHOT), the hospitality arm of Hemas Holdings, for Rs.792Mn (Voting share at 14.20 & Non-voting at 9.60)





is LOLC following my post ? Very Happy

7TOURISM INDUSTRY Empty Re: TOURISM INDUSTRY on Sat Dec 05, 2020 4:05 pm

Vishwanarth


Manager - Equity Analytics
Manager - Equity Analytics
@RJ1010 wrote:
@DamithAsian wrote:CITW has good background even in COVID period. Go through company management team also Laughing

Industry will be supported by news that BIA allows visitors from today. Sings relaxation of Arrival/Departure

It did reasonably well during covid bcoz the boss allowed it to be used as a paid hotel quarantine for repatriated Lankan’s. The boss minimized losses for his business with this ‘patriotic act’. 😄

That Boss surely takes every chance for his companies. Good for Share holders anyway 😀

8TOURISM INDUSTRY Empty Re: TOURISM INDUSTRY on Sat Dec 05, 2020 4:03 pm

Vishwanarth


Manager - Equity Analytics
Manager - Equity Analytics
http://www.ft.lk/front-page/SIA-to-resume-flights-to-Colombo-from-tomorrow/44-709787?fbclid=IwAR3tAT5HiEcZwBv9B_iASxn_YSNvPc6mziwyM1u5ImB6Ng1jxuzOG13AfFg#.X8sYTOKRjTo.facebook

SIA to resume flights to Colombo from tomorrow
Saturday, 5 December 2020 00:59 - - 416
3 flights per week to Singapore
Limit of 50 passengers set for incoming flights, prior approval needed from Foreign Ministry
By Charumini de Silva

Singapore Airlines will resume flights to and from Colombo from tomorrow (Sunday) after a lapse of nine months.



Last edited by Vishwanarth on Sat Dec 05, 2020 4:06 pm; edited 1 time in total

9TOURISM INDUSTRY Empty Re: TOURISM INDUSTRY on Sat Dec 05, 2020 1:57 pm

RJ1010


Senior Manager - Equity Analytics
Senior Manager - Equity Analytics
@DamithAsian wrote:CITW has good background even in COVID period. Go through company management team also Laughing

Industry will be supported by news that BIA allows visitors from today. Sings relaxation of Arrival/Departure

It did reasonably well during covid bcoz the boss allowed it to be used as a paid hotel quarantine for repatriated Lankan’s. The boss minimized losses for his business with this ‘patriotic act’. 😄

10TOURISM INDUSTRY Empty Re: TOURISM INDUSTRY on Sat Dec 05, 2020 12:12 pm

DamithAsian


Manager - Equity Analytics
Manager - Equity Analytics
CITW has good background even in COVID period. Go through company management team also Laughing

Industry will be supported by news that BIA allows visitors from today. Sings relaxation of Arrival/Departure



Last edited by DamithAsian on Sat Dec 05, 2020 12:23 pm; edited 1 time in total (Reason for editing : res)

11TOURISM INDUSTRY Empty Re: TOURISM INDUSTRY on Sat Dec 05, 2020 11:48 am

Thushara Ayya

Thushara Ayya
Vice President - Equity Analytics
Vice President - Equity Analytics
@Master D wrote:CITW citrus waskaduwa at 4.00 is a very good trading opportunity.
can go up to 6.5 in a short term rally.


Yes 6.50 can touch next days....

12TOURISM INDUSTRY Empty Re: TOURISM INDUSTRY on Sat Dec 05, 2020 8:31 am

Master D


Manager - Equity Analytics
Manager - Equity Analytics
CITW citrus waskaduwa at 4.00 is a very good trading opportunity.
can go up to 6.5 in a short term rally.

13TOURISM INDUSTRY Empty Re: TOURISM INDUSTRY on Fri Dec 04, 2020 6:06 pm

samaritan


Moderator
Moderator
TOURISM INDUSTRY Sri-lanka-620x330

Sri Lanka to welcome tourists from countries which will vaccinate citizens
https://economynext.com/sri-lanka-to-welcome-tourists-from-countries-which-will-vaccinate-citizens-76587/


_________________




The biggest risk in life is not taking any risk at all.

14TOURISM INDUSTRY Empty Re: TOURISM INDUSTRY on Tue Dec 01, 2020 4:23 pm

dhanushkacse


Equity Analytic
Equity Analytic
it's too early to enter into hotel. if you can hold money minimum 2 years that ok.

geesura likes this post

15TOURISM INDUSTRY Empty Re: TOURISM INDUSTRY on Tue Dec 01, 2020 12:56 pm

rajini


Equity Analytic
Equity Analytic
@Vishwanarth wrote:
@rajini wrote:The airport opening is just a proposal. Its not a decision.

News trigger up rally. Even today peoples are coming from overseas but they need to undergo 14days. Tourist will be difficult category.

It wasn't a rally. Retailers got panic and entered but long term buyers are holding their positions. Now the retailers who bought but can't hold are selling.

16TOURISM INDUSTRY Empty Re: TOURISM INDUSTRY on Tue Dec 01, 2020 12:47 pm

Vishwanarth


Manager - Equity Analytics
Manager - Equity Analytics
@rajini wrote:The airport opening is just a proposal. Its not a decision.

News trigger up rally. Even today peoples are coming from overseas but they need to undergo 14days. Tourist will be difficult category.

17TOURISM INDUSTRY Empty Re: TOURISM INDUSTRY on Tue Dec 01, 2020 12:34 pm

rajini


Equity Analytic
Equity Analytic
The airport opening is just a proposal. Its not a decision.

Vishwanarth likes this post

18TOURISM INDUSTRY Empty Re: TOURISM INDUSTRY on Tue Dec 01, 2020 12:00 pm

subash81


Assistant Vice President - Equity Analytics
Assistant Vice President - Equity Analytics
@RJ1010 wrote:Subash completely agree with you. I was also going to mention if someone wants to sell hayc, expo, DIPD to buy hotel shares then that person don’t know anything about investing vs trading and how to manage a share portfolio.

Anyway the news is good for tourism sector. All tourism businesses have suffered too much during this year.
This news might also spark another quick hotel rally.

If YOU CAN GET IN AND GET OUT AT THE CORRECT TIME, IT'S OK TO BUY HOTEL SHARES

IF NOT WHEN THE RESULTS COME IN JANAURY YOU WILL BE DISSAPOINTED

19TOURISM INDUSTRY Empty Re: TOURISM INDUSTRY on Tue Dec 01, 2020 11:45 am

RJ1010


Senior Manager - Equity Analytics
Senior Manager - Equity Analytics
Dilith J hotels will move in any hotel rally also..
KHL moving since last few days due to two reasons...

20TOURISM INDUSTRY Empty Re: TOURISM INDUSTRY on Tue Dec 01, 2020 11:41 am

DamithAsian


Manager - Equity Analytics
Manager - Equity Analytics
Waskaduwa hotel

JKH

Aitken
moving. Very Happy

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