Tourism shares rallying to all time highs in global

rajini · 1 Tourism shares rallying to all time highs in global Sat Nov 06, 2021 12:19 am

rajini

Manager - Equity Analytics

Posts : 148
Equity Stars : 1740
Reputation : 0
Join date : 2020-07-27

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

Posts : 351
Equity Stars : 1789
Reputation : 11
Join date : 2020-12-05
Age : 37
Location : Nugegoda

ours next rally may be soon

Niwa

Niwa

Moderator

Posts : 444
Equity Stars : 5221
Reputation : 15
Join date : 2011-10-15

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.

sureshot

sureshot

Vice President - Equity Analytics

Posts : 1222
Equity Stars : 7829
Reputation : 19
Join date : 2011-04-26

GHLL - G A L A D H A R I

rajini

rajini

Manager - Equity Analytics

Posts : 148
Equity Stars : 1740
Reputation : 0
Join date : 2020-07-27

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

Posts : 351
Equity Stars : 1789
Reputation : 11
Join date : 2020-12-05
Age : 37
Location : Nugegoda

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

rajini

rajini

Manager - Equity Analytics

Posts : 148
Equity Stars : 1740
Reputation : 0
Join date : 2020-07-27

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

rajini

Manager - Equity Analytics

Posts : 148
Equity Stars : 1740
Reputation : 0
Join date : 2020-07-27

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

rajini

Manager - Equity Analytics

Posts : 148
Equity Stars : 1740
Reputation : 0
Join date : 2020-07-27

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

rajini

Manager - Equity Analytics

Posts : 148
Equity Stars : 1740
Reputation : 0
Join date : 2020-07-27

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

Senior Vice President - Equity Analytics

Posts : 1505
Equity Stars : 7688
Reputation : 45
Join date : 2011-02-20
Age : 46
Location : Nebraska

Hope budget will give some concessions to the sector

rajini

rajini

Manager - Equity Analytics

Posts : 148
Equity Stars : 1740
Reputation : 0
Join date : 2020-07-27

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

rajini

Manager - Equity Analytics

Posts : 148
Equity Stars : 1740
Reputation : 0
Join date : 2020-07-27

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

rajini

Manager - Equity Analytics

Posts : 148
Equity Stars : 1740
Reputation : 0
Join date : 2020-07-27

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

rajini

Manager - Equity Analytics

Posts : 148
Equity Stars : 1740
Reputation : 0
Join date : 2020-07-27

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

rajini

Manager - Equity Analytics

Posts : 148
Equity Stars : 1740
Reputation : 0
Join date : 2020-07-27

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 14^th 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 14^th day of the test is negative, the measure shall be ended. Accommodation and transfer costs from airports shall be covered by the passengers.

Sponsored content

Name*:
Phone number:
Email address*:
Comments*:
* - required fields	Learn

Name*:
Phone number:
Email address*:
Comments*:
* - required fields	Learn

Latest topics

Tourism shares rallying to all time highs in global

1 Tourism shares rallying to all time highs in global Sat Nov 06, 2021 12:19 am

rajini

2 Re: Tourism shares rallying to all time highs in global Sat Nov 06, 2021 1:49 am

Bakkabwoi

3 Re: Tourism shares rallying to all time highs in global Sat Nov 06, 2021 12:41 pm

Niwa

4 Re: Tourism shares rallying to all time highs in global Sun Nov 07, 2021 5:27 am

sureshot

5 Re: Tourism shares rallying to all time highs in global Sun Nov 07, 2021 10:29 pm

rajini

6 Re: Tourism shares rallying to all time highs in global Mon Nov 08, 2021 12:38 am

Bakkabwoi

7 Re: Tourism shares rallying to all time highs in global Tue Nov 09, 2021 8:29 am

rajini

8 Re: Tourism shares rallying to all time highs in global Tue Nov 09, 2021 1:23 pm

rajini

9 Re: Tourism shares rallying to all time highs in global Wed Nov 10, 2021 6:53 pm

rajini

10 Re: Tourism shares rallying to all time highs in global Wed Nov 10, 2021 8:22 pm

rajini

11 Re: Tourism shares rallying to all time highs in global Wed Nov 10, 2021 10:54 pm

soileconomy

12 Re: Tourism shares rallying to all time highs in global Fri Nov 12, 2021 10:48 am

rajini

13 Re: Tourism shares rallying to all time highs in global Mon Nov 15, 2021 12:40 am

rajini

14 Re: Tourism shares rallying to all time highs in global Mon Nov 15, 2021 11:15 am

rajini

15 Re: Tourism shares rallying to all time highs in global Mon Nov 15, 2021 2:35 pm

rajini

16 Re: Tourism shares rallying to all time highs in global Mon Nov 15, 2021 8:09 pm

rajini

17 Re: Tourism shares rallying to all time highs in global

Sponsored content

New topics