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FINANCIAL CHRONICLE™ » CORPORATE CHRONICLE™ » TOURISM INDUSTRY

TOURISM INDUSTRY

+27
Captain
ResearchMan
Mr. Wayne
Promoney
Master D
dhanushkacse
DamithAsian
Kevinmikegrit
CPGOMEZ71
kottuwa
hiransilva23
Thushara Ayya
subash81
rajini
Vishwanarth
samaritan
Teller
geesura
DOCSAGENCY
Bish2020
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RJ1010
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sureshot
31 posters

Go to page : Previous  1, 2, 3, 4  Next

Go down  Message [Page 3 of 4]

51TOURISM INDUSTRY - Page 3 Empty Re: TOURISM INDUSTRY Tue Dec 01, 2020 11:45 am

RJ1010


Assistant Vice President - Equity Analytics
Assistant Vice President - Equity Analytics

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

52TOURISM INDUSTRY - Page 3 Empty Re: TOURISM INDUSTRY 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

53TOURISM INDUSTRY - Page 3 Empty Re: TOURISM INDUSTRY Tue Dec 01, 2020 12:34 pm

rajini


Manager - Equity Analytics
Manager - Equity Analytics

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

Vishwanarth likes this post

54TOURISM INDUSTRY - Page 3 Empty Re: TOURISM INDUSTRY Tue Dec 01, 2020 12:47 pm

Vishwanarth


Senior Manager - Equity Analytics
Senior 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.

55TOURISM INDUSTRY - Page 3 Empty Re: TOURISM INDUSTRY Tue Dec 01, 2020 12:56 pm

rajini


Manager - Equity Analytics
Manager - Equity Analytics

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.

56TOURISM INDUSTRY - Page 3 Empty Re: TOURISM INDUSTRY 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

57TOURISM INDUSTRY - Page 3 Empty Re: TOURISM INDUSTRY Fri Dec 04, 2020 6:06 pm

samaritan


Moderator
Moderator

TOURISM INDUSTRY - Page 3 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/

58TOURISM INDUSTRY - Page 3 Empty Re: TOURISM INDUSTRY 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.

59TOURISM INDUSTRY - Page 3 Empty Re: TOURISM INDUSTRY Sat Dec 05, 2020 11:48 am

Thushara Ayya

Thushara Ayya
Moderator
Moderator

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....

60TOURISM INDUSTRY - Page 3 Empty Re: TOURISM INDUSTRY 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)

61TOURISM INDUSTRY - Page 3 Empty Re: TOURISM INDUSTRY Sat Dec 05, 2020 1:57 pm

RJ1010


Assistant Vice President - Equity Analytics
Assistant Vice President - 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’. 😄

62TOURISM INDUSTRY - Page 3 Empty Re: TOURISM INDUSTRY Sat Dec 05, 2020 4:03 pm

Vishwanarth


Senior Manager - Equity Analytics
Senior 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

63TOURISM INDUSTRY - Page 3 Empty Re: TOURISM INDUSTRY Sat Dec 05, 2020 4:05 pm

Vishwanarth


Senior Manager - Equity Analytics
Senior 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 😀

64TOURISM INDUSTRY - Page 3 Empty Re: TOURISM INDUSTRY 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

65TOURISM INDUSTRY - Page 3 Empty Re: TOURISM INDUSTRY Tue Dec 15, 2020 8:13 pm

RJ1010


Assistant Vice President - Equity Analytics
Assistant Vice President - 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

66TOURISM INDUSTRY - Page 3 Empty Re: TOURISM INDUSTRY 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.

67TOURISM INDUSTRY - Page 3 Empty Re: TOURISM INDUSTRY Mon Dec 21, 2020 6:59 pm

rajini


Manager - Equity Analytics
Manager - Equity Analytics

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

68TOURISM INDUSTRY - Page 3 Empty Re: TOURISM INDUSTRY Tue Dec 22, 2020 8:51 am

Promoney


Senior Manager - Equity Analytics
Senior Manager - Equity Analytics

TOURISM INDUSTRY - Page 3 Scree213

69TOURISM INDUSTRY - Page 3 Empty Re: TOURISM INDUSTRY Tue Dec 22, 2020 12:51 pm

samaritan


Moderator
Moderator

TOURISM INDUSTRY - Page 3 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

70TOURISM INDUSTRY - Page 3 Empty Re: TOURISM INDUSTRY Thu Feb 18, 2021 11:44 am

samaritan


Moderator
Moderator

Lifting of travel restriction to tourists from UK will be a stimulus to hotel & tourism sector.

Captain and judecroos like this post

Mr. Wayne dislikes this post

71TOURISM INDUSTRY - Page 3 Empty Tourism Industry Thu Feb 18, 2021 1:03 pm

Mr. Wayne


Equity Analytic
Equity Analytic

samaritan wrote:Lifting of travel restriction to tourists from UK will be a stimulus to hotel & tourism sector.

Absurd assumption. 

Who is going to come and sit in a hotel for 14 days quarantine? The cost can be upwards of USD 1400 for the 14 day stay.

72TOURISM INDUSTRY - Page 3 Empty Re: TOURISM INDUSTRY Thu Feb 18, 2021 1:13 pm

ResearchMan

ResearchMan
Manager - Equity Analytics
Manager - Equity Analytics

2020 Maldives Arrival numbers: 500,000
2021 Its revised tourism arrival projections: from 1 M to 1.5 M

73TOURISM INDUSTRY - Page 3 Empty Re: TOURISM INDUSTRY Thu Feb 18, 2021 1:53 pm

samaritan


Moderator
Moderator

Mr. Wayne wrote:
samaritan wrote:Lifting of travel restriction to tourists from UK will be a stimulus to hotel & tourism sector.

Absurd assumption. 

Who is going to come and sit in a hotel for 14 days quarantine? The cost can be upwards of USD 1400 for the 14 day stay.
High end tourists /British citizens who will feel safe from corona virus & cold weather. In other words life saving holiday!

As the Covid casualties are much less here compared to UK and also a preferred destination for holiday makers. ("Lonely Planet" voted SL as the top travel destination 2019., owing to Covid outbreak LP has not ranked tour destinations for 2020 & 2021).

74TOURISM INDUSTRY - Page 3 Empty Re: TOURISM INDUSTRY Fri Feb 19, 2021 6:56 am

Captain


Assistant Vice President - Equity Analytics
Assistant Vice President - Equity Analytics

Government Foreign currency need is very critical than covid

judecroos likes this post

75TOURISM INDUSTRY - Page 3 Empty Re: TOURISM INDUSTRY Fri Feb 19, 2021 8:19 am

Promoney


Senior Manager - Equity Analytics
Senior Manager - Equity Analytics

TOURISM INDUSTRY - Page 3 Scree228

76TOURISM INDUSTRY - Page 3 Empty Re: TOURISM INDUSTRY Mon Oct 04, 2021 8:24 am

Ekanayake90

Ekanayake90
Manager - Equity Analytics
Manager - Equity Analytics

SLAITO also confirmed that airlines have reported major increases in the passenger loads to Sri Lanka, where the majority are from Eastern and Central Europe.

https://www.ft.lk/front-page/Govt-resumes-ETA-for-fully-vaccinated-travellers/44-723879

77TOURISM INDUSTRY - Page 3 Empty Re: TOURISM INDUSTRY Mon Oct 04, 2021 9:19 am

rajini


Manager - Equity Analytics
Manager - Equity Analytics

CBSL to write off Rs. 15 b in accrued interest of COVID-hit businesses

https://www.ft.lk/front-page/CBSL-to-write-off-Rs-15-b-in-accrued-interest-of-COVID-hit-businesses/44-723881

COVID-hit enterprises
Hotels
Transport

78TOURISM INDUSTRY - Page 3 Empty Re: TOURISM INDUSTRY Mon Oct 04, 2021 9:36 am

Wickyz


Senior Manager - Equity Analytics
Senior Manager - Equity Analytics

Be Ready for Red Day

Sadjith dislikes this post

79TOURISM INDUSTRY - Page 3 Empty Re: TOURISM INDUSTRY Mon Oct 04, 2021 5:50 pm

ErangaDS

ErangaDS
Manager - Equity Analytics
Manager - Equity Analytics

"12,700 tourists arrived last month compared to 5,040 arrivals in August, according to the Sri Lanka Tourism Promotion Bureau. The visitors were from the United Kingdom, Germany, France, Russia and Pakistan."


Waiver of second PCR test brings quick profit at Arrivals gate

By Chrishanthi Christopher
View(s): 1004

The tourism industry has welcomed the Health Ministry’s decision to revoke the requirement of a PCR test at the airport, saying the decision would boost tourist numbers.

Under new guidelines, people who have negative results from a PCR test carried out 72 hours prior to arriving at the Colombo airport will not have to undergo a further PCR test when they land.

This means all passengers who have received two jabs for COVID-19 and have a negative PCR test prior to arriving in the country will be able to walk in free.


Tourists visiting Sigiriya last week. Pix by Kanchana Kumara

Sri Lanka Inbound Tourists Operators (SLAITO) said already the number of tourists visiting the country had increased.

Some 12,700 tourists arrived last month compared to 5,040 arrivals in August, according to the Sri Lanka Tourism Promotion Bureau. The visitors were from the United Kingdom, Germany, France, Russia and Pakistan.

From January to August, just 24,377 visitors arrived in the country, most members of the diaspora visiting family, SLAITO past president Mahen Kariyawasam said.

He said arrival numbers improved considerably since the requirement for 14 days’ quarantine was reduced to one day with a mandatory PCR test showing a negative result. Tourists have to remain within a hotel only for a day until their results came in.

The requirement for $US50,000 medical insurance covering COVID-19 treatment and hospital care remains.

“We already are getting positive vibes and there have been number of enquiries from potential visitors,”
Mr. Kariyawasam said.

Nevertheless, he said, more was required: the practice of issuing visas on arrival had to be reintroduced so that visitors were not forced to pay and obtain visas online. They also had to obtain prior hotel bookings and travel insurance cover, and this sometimes took up to three days to achieve.

“We had the best system in the world in issuing visas on arrival. We are talking to the authorities to reintroduce this facility and give visitors opportunity to buy insurance at airports,” he said.



The Hotels Association is anxiously waiting for new business following massive losses during lockdown periods when no tourists came to Sri Lanka.

President Sanath Ukwatte expressed optimism that the tourism would speedily pick up. “People love to travel,” he said.

During the lockdown, many hotels joined hands with the health sector to provide intermediary care to mild and first contact patients but this business has decreased due to the number of persons requiring quarantine reducing drastically.

The government has embarked on a tourism promotion spree, targeting niche markets such as the “digital nomads” who look for countries that offer long visitor stays. Sri Lanka has been recognised as a top destination for this growing segment in which people seeking to escape a busy city life look for extended visits to picturesque locations where they can enjoy a “technology-driven lifestyle”, tourism promotion bureau Director General Dhammika Wijesinghe said.

There is interest from European countries such as Germany, France and The Netherlands as well as the United Kingdom and India, he said. Sri Lanka currently grants stays up to one year for the visitor category “digital nomads”.

The tourism bureau has also held webinars with the tourism sector in countries such as India and Vietnam to encourage tourists to visit Sri Lanka.


80TOURISM INDUSTRY - Page 3 Empty Re: TOURISM INDUSTRY Tue Oct 05, 2021 9:06 am

Wickyz


Senior Manager - Equity Analytics
Senior Manager - Equity Analytics

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