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FINANCIAL CHRONICLE™ » FINANCIAL CHRONICLE™ » TOURISM INDUSTRY

TOURISM INDUSTRY

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61TOURISM INDUSTRY - Page 4 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 4 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 4 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 4 Empty Re: TOURISM INDUSTRY Tue Dec 15, 2020 7:41 pm

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 4 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 4 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.


_________________




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

67TOURISM INDUSTRY - Page 4 Empty Re: TOURISM INDUSTRY 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

68TOURISM INDUSTRY - Page 4 Empty Re: TOURISM INDUSTRY Tue Dec 22, 2020 8:51 am

Promoney


Senior Manager - Equity Analytics
Senior Manager - Equity Analytics
TOURISM INDUSTRY - Page 4 Scree213

69TOURISM INDUSTRY - Page 4 Empty Re: TOURISM INDUSTRY Tue Dec 22, 2020 12:51 pm

samaritan


Moderator
Moderator
TOURISM INDUSTRY - Page 4 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.

70TOURISM INDUSTRY - Page 4 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.


_________________




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

Captain and judecroos like this post

Mr. Wayne dislikes this post

71TOURISM INDUSTRY - Page 4 Empty Tourism Industry Thu Feb 18, 2021 1:03 pm

Mr. Wayne


Stock Analytic
Stock 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 4 Empty Re: TOURISM INDUSTRY Thu Feb 18, 2021 1:13 pm

ResearchMan


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

73TOURISM INDUSTRY - Page 4 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).


_________________




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

74TOURISM INDUSTRY - Page 4 Empty Re: TOURISM INDUSTRY Fri Feb 19, 2021 6:56 am

Captain


Senior Manager - Equity Analytics
Senior Manager - Equity Analytics
Government Foreign currency need is very critical than covid

judecroos likes this post

75TOURISM INDUSTRY - Page 4 Empty Re: TOURISM INDUSTRY Fri Feb 19, 2021 8:19 am

Promoney


Senior Manager - Equity Analytics
Senior Manager - Equity Analytics
TOURISM INDUSTRY - Page 4 Scree228

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