FINANCIAL CHRONICLE™
Dear Reader,

Registration with the Sri Lanka FINANCIAL CHRONICLE™️ would enable you to enjoy an array of other services such as Member Rankings, User Groups, Own Posts & Profile, Exclusive Research, Live Chat Box etc..

All information contained in this forum is subject to Disclaimer Notice published.


Thank You
FINANCIAL CHRONICLE™️
www.srilankachronicle.com


Join the forum, it's quick and easy

FINANCIAL CHRONICLE™
Dear Reader,

Registration with the Sri Lanka FINANCIAL CHRONICLE™️ would enable you to enjoy an array of other services such as Member Rankings, User Groups, Own Posts & Profile, Exclusive Research, Live Chat Box etc..

All information contained in this forum is subject to Disclaimer Notice published.


Thank You
FINANCIAL CHRONICLE™️
www.srilankachronicle.com
FINANCIAL CHRONICLE™
Would you like to react to this message? Create an account in a few clicks or log in to continue.
FINANCIAL CHRONICLE™

Encyclopedia of Latest news, reviews, discussions and analysis of stock market and investment opportunities in Sri Lanka

LISTED COMPANIES

Submit Post


ADVERTISE
Poll

EXCHANGE RATE PREDICTION: 2022

 
 
 
 

View results

ශ්‍රී ලංකා මූල්‍ය වංශකථාව - සිංහල
Submit Post


CONATCT US


Send your suggestions and comments

* - required fields

Read FINANCIAL CHRONICLE™ Disclaimer



Latest topics

» The war in Ukraine is no longer shocking the wheat market
by ResearchMan Today at 12:53 pm

» Govt gets its priorities wrong
by samaritan Today at 10:25 am

» Ambassador assures U.S. support to Sri Lanka to find solutions to economic issues
by samaritan Today at 10:16 am

» IMF-Sri Lanka bailout talks end without a deal
by ChooBoy Today at 9:16 am

» Sri Lanka Breaks Into Hyperinflation Zone Amid Dollar Crunch
by CHRONICLE™ Today at 8:11 am

» Sri Lanka needs to do more on debt restructuring before a bailout package is finalised, says IMF
by CHRONICLE™ Today at 8:06 am

» Expolanka to continue its winning streak
by samaritan Today at 7:22 am

» Global COVID cases rise as BA.4 and BA.5 expand
by samaritan Today at 7:04 am

» POSITIVES & TARGETS BY IMTIAZ BUHARDEEN
by Gowri123 Wed Jun 29, 2022 4:38 pm

» When will supply chain disruptions ease?
by Gowri123 Wed Jun 29, 2022 4:08 pm

» We’re seeing a shift toward international and value stocks, says Schwab’s Kleintop
by target1 Wed Jun 29, 2022 2:40 am

» Wall Street stumbles as consumer pessimism stokes growth fears
by target1 Wed Jun 29, 2022 2:34 am

» Free Market Capitalism vs. Crony Capitalism
by target1 Wed Jun 29, 2022 2:30 am

» Sri Lankan corporations reap large profits as workers and rural toilers face poverty and starvation
by CHRONICLE™ Tue Jun 28, 2022 6:37 pm

» අද රාත්‍රියෙන් පසු, යක්ෂයාගේ හෝරාව ඇරඹේ!
by God Father Tue Jun 28, 2022 6:13 pm

» Derana 360 with Minister Dhammika Perera
by samaritan Tue Jun 28, 2022 1:07 pm

» CENTRAL INDUSTRIES PLC (CIND.N0000)
by LHW Tue Jun 28, 2022 9:24 am

» Breaking News- Kanchana to go to Qatar ; 2 more ministers off to Russia
by Beyondsenses Tue Jun 28, 2022 8:13 am

» PM thanks President Biden for assuring US support to Sri Lanka
by Beyondsenses Tue Jun 28, 2022 8:07 am

» Sri Lanka Stock Market heading toward ASPI 4500
by God Father Mon Jun 27, 2022 9:14 pm

EXPERT CHRONICLE™

MARKET CHAT


CHRONICLE™ ANALYTICS


ECONOMIC CHRONICLE

GROSS DOMESTIC PRODUCT (GDP)


CHRONICLE™ YouTube

LATEST TWEETS

You are not connected. Please login or register

FINANCIAL CHRONICLE™ » ECONOMIC CHRONICLE™ » Tourism shares rallying to all time highs in global

Tourism shares rallying to all time highs in global

5 posters

Go down  Message [Page 1 of 1]

rajini


Manager - Equity Analytics
Manager - Equity Analytics

Some of the shares like Marriott, Hilton, Choice,Hyatt and Booking.com, expedia reaching All time high. These are among biggest tourism related companies in the world.

Marriott
https://tradingeconomics.com/mar:us

Intercontinental
https://tradingeconomics.com/ihg:ln

Accor
https://tradingeconomics.com/ac:fp

Hilton
https://tradingeconomics.com/hlt:us

Choice
https://tradingeconomics.com/chh:us

Hyatt
https://tradingeconomics.com/h:us

Booking
https://tradingeconomics.com/bkng:us

Expedia
https://tradingeconomics.com/expe:us


Royal Caribbena
https://tradingeconomics.com/rcl:us

Bakkabwoi

Bakkabwoi
Senior Manager - Equity Analytics
Senior Manager - Equity Analytics

ours next rally may be soon

Niwa


Moderator
Moderator

Bakkabwoi wrote:ours next rally may be soon
Hi doc , can you name few winning hotel sector shares? . I think Eden is one of them.

Bakkabwoi and sajithlk02 like this post

sureshot

sureshot
Vice President - Equity Analytics
Vice President - Equity Analytics

    GHLL -  G A L A D H A R I 

rajini


Manager - Equity Analytics
Manager - Equity Analytics

The dollar traded at 180 when pandemic hit in January 2020. Now the dollar trading above 200. Very good for the tourism industry as room rates are in dollars.

Bakkabwoi

Bakkabwoi
Senior Manager - Equity Analytics
Senior Manager - Equity Analytics

Niwa wrote:
Bakkabwoi wrote:ours next rally may be soon
Hi doc , can you name few winning hotel sector shares? . I think Eden is one of them.



i think best hotel rallys are EDEN>GHLL>CHOT

Niwa likes this post

rajini


Manager - Equity Analytics
Manager - Equity Analytics

Sri Lanka reached nearly 1500 visitors per day at the end of the first week in November.
Russian Aeroflot and few airlines didn't started flights yet, they will start from mid of November.
Can we expect 3000 visitors per day at the end of November ?

Another set of Airlines from Russia, Poland, Italy and other countries start flights to Sri Lanka since  December. Hopefully 250,000 per month is achievable in December to April. Tourism in Maldives recovered to pre pandemic level. In November the numbers are 10% above the pre pandemic level.

http://www.aruna.lk/%e0%b6%89%e0%b6%9a%e0%b7%94%e0%b6%ad%e0%b7%8a-%e0%b7%83%e0%b6%ad%e0%b7%92%e0%b6%ba%e0%b7%9a%e0%b6%af%e0%b7%93-%e0%b7%80%e0%b7%92%e0%b6%af%e0%b7%99%e0%b7%83%e0%b7%8a-%e0%b7%83%e0%b6%82%e0%b6%a0/

Maldives

https://www.tourism.gov.mv/dms/document/fda5f622ae3507de0f9f9f0cb495fb18.pdf

rajini


Manager - Equity Analytics
Manager - Equity Analytics

Govt. to develop new tourism zones
Sri Lankan government has decided to develop new tourism zones to boost the local tourism industry and the process of establishing those new tourism zones is currently underway.
According to Ministry of Tourism, Secretary, Siripala Hettiarachchi, these tourism zones are to be set up in Nuwara Eliya, Ella, Arugam Bay, Passikudah, Kalpitiya and Hikkaduwa.

A comprehensive report relating the development of Ella Tourism Zone has already been completed and gazetted as a new tourism zone.
Furthermore, approximately 80 projects have been identified in Ella Zone alone, which will include water, electricity, roads, sewerage, city centre development, city beautification projects and etc,” he added. Each Zone will also have A Tourism Information Office,” he said.
Moreover, Arugam Bay Zone is to be developed as an ideal location for surfing. A comprehensive report relating to the development of this zone has already been completed and is to be gazetted shortly.

Ministry of Tourism also hopes to attract investors for these projects as they will have to have many infrastructures ready under this development program. These development projects are to be implemented jointly by the Ministries of Highways, Rural Roads and other Infrastructure Development, Wildlife and Local Government and many more.


Local tourism industry suffered a heavy blow due to COVID-19 pandemic and the government is taking all possible and necessary steps to revive it.

https://www.dailynews.lk/2021/11/05/business/263760/govt-develop-new-tourism-zones

rajini


Manager - Equity Analytics
Manager - Equity Analytics

https://www.dailynews.lk/2021/11/10/local/264254/australia-reviews-travel-advisory-sri-lanka

Australia has reviewed and lowered a travel advice on Sri Lanka due to the reduced impact of COVID-19.

Australia was one of the top market for us. Other competitors like Thailand , Philippine, Indonesia are not fully opened to travelers due to lower vaccination rates

rajini


Manager - Equity Analytics
Manager - Equity Analytics

Huge tourism boom exists in some places in the world.
Basically, this year, everyone came at once: in July, August and September and into October. Most companies didn't have enough cars to support the big influx of people all arriving at the same time."

https://www.hindustantimes.com/lifestyle/travel/greece-meets-tourism-target-prepares-for-next-year-101636519122990.html

soileconomy

soileconomy
Vice President - Equity Analytics
Vice President - Equity Analytics

Hope budget  will give some  concessions to the sector

rajini


Manager - Equity Analytics
Manager - Equity Analytics

SL expects 200,000 tourists during rest of 2021


  • Tourism Minister Prasanna Ranatunga says 10-month earnings top $ 130 m
  • SriLankan Airlines mulls increasing frequency between Colombo and Paris
  • Popular European carrier LOT Polish Airlines to resume direct flights twice weekly from 7 Dec.
  • Russia’s charter airline Air Azur, Italy’s leisure airline Neos Air to fly twice-a-week from first week of December
  • Sri Lanka Tourism steps up promotions in France, meets French travel trade this week


https://www.ft.lk/front-page/SL-expects-200-000-tourists-during-rest-of-2021/44-725790


Bookmark this page. You will get informed before others

https://www.flightradar24.com/data/airports/cmb/arrivals

rajini


Manager - Equity Analytics
Manager - Equity Analytics

Qatar airlines visiting colombo 21 times a week or 3 times a day. Emirates do the same. Turkish airline come through Male and Kuwait. Good signs for the tourism

rajini


Manager - Equity Analytics
Manager - Equity Analytics

Emirate added 2 additional flights to Colombo

Emirates has announced it will operate two additional flights a week to Colombo from today (15) to support the resurgence of Sri Lanka’s tourism industry as more key source markets relax travel restrictions.

https://www.ft.lk/front-page/Emirates-supports-Sri-Lanka-s-tourism-revival-with-2-more-weekly-flights-from-today/44-725956

rajini


Manager - Equity Analytics
Manager - Equity Analytics

Turkish Airlines (THY) suspended flights to Brazil, South Africa, Nepal and Sri Lanka as part of measures against the COVID-19 pandemic, the flag carrier’s Senior Vice President of Media Relations Yahya Üstün said Sunday, Daily Sabah reported.

rajini


Manager - Equity Analytics
Manager - Equity Analytics

Kathmandu reporting that above news is fake.

https://kathmandupost.com/money/2021/11/15/turkish-airlines-adds-flights-refutes-kathmandu-istanbul-flights-suspension

Abdullah Tuncer Kececi, general manager of Turkish Airlines for Kathmandu, told the Post that the reports that ‘Turkish Airlines has suspended flights to Brazil, South Africa, Nepal and Sri Lanka as part of measures against the Covid-19 pandemic’ are baseless.
“Instead, we have decided to add additional flights from December onwards,” he said.


This could be ultimate source.
https://www.turkishairlines.com/en-int/announcements/coronavirus-outbreak/turkey-travel-rules/


1) Passengers departing from Brazil, South Africa, Nepal or Sri Lanka have been banned to enter Turkey until a new decision to be taken. However, there is no obstacle for the passengers travelling from these countries to have a transit flight via Turkey, and our flights from the mentioned countries currently continue. Passengers arriving in Turkey from another country but have been in Brazil, South Africa, Nepal or Sri Lanka in the last 14 days shall be stipulated to submit a PCR test with negative result taken within maximum 72 hours before arrival, and such passengers shall be taken under quarantine for 14 days in locations to be determined by the governorships. If the result of the PCR test to be taken at the end of the 14th day of the quarantine is negative, the quarantine measure shall be ended. Passengers whose PCR test results are positive shall be taken under isolation from that date, and in the case that the result of the PCR test to be taken at the end of the 14th day of the test is negative, the measure shall be ended. Accommodation and transfer costs from airports shall be covered by the passengers.

Back to top  Message [Page 1 of 1]

Permissions in this forum:
You cannot reply to topics in this forum