Category: Tourism
Tourism veteran Upali Ratnayake steps down as DG of SLTDA
Dec 12, 2019 Tourism industry veteran Upali Ratnayake has stepped down as the Director-General of the Sri Lanka Tourism Development Authority (SLTDA), the apex body of the Tourism Sector in Sri Lanka. Having joined as a Management Trainee in 1995, Ratnayake rose to the organization’s top tier of decision making over the years as the […]
‘t tell you about Sri Lanka
By Lanka Property Web What is Sri Lanka? Ceylon, Serendib, Taprobane, Pearl of the Indian Ocean and The Teardrop of India. It is a member of the South Asian Association for Regional Corporation (SAARC). A country that gained victory from a 30 year-long civil war and now, is the proud owner of Nelum Kuluna; The […]
Mark Mobius says Sri Lanka has foreign investors appeal for tourism, fin-tech and real estate
Dec 11, 2019 (LBO) – Emerging markets investor, Dr. Mark Mobius highlighting Sri Lanka’s strengths said he sees immense growth potential in the island as the economy has with regards to foreign investor appeal. Admitting that while Sri Lanka’s agri-based economy has always held global interest -especially with tea as its strongest brand and commodity- […]
‘s Sigiriya clinches top slot as winter getaway
Dec 09, 2019 (LBO) – The USA Today has ranked Sri Lanka as the top destination, among 20 countries, for winter travel. “Jetsetters looking for something off the beaten tourist path should consider Sri Lanka,” USA Today said. “An overlooked gem, this exotic island in the Indian Ocean seduces everyone who steps foot with […]
Tourism, the Northern Province Game Changer
By Jekhan Aruliah Tourism is the single most game-changing opportunity for the North. Game changing because for those visitors with eyes to see and ears to hear it opens a wide window to all the other non-tourism opportunities in this province. As they enjoy the hospitality, the food, the sites and the scenery a few […]
Sri Lanka tourist arrivals down 9.5-pct in Nov 2019
Dec 05, 2019 (LBO) – Sri Lanka’s tourist arrivals were down 9.5 percent in November 2019 to 176,984 from 195,582 a year earlier, new data show. Sri Lanka Tourism Development Authority (SLTDA) said yesterday arrivals up to November was 1.672 million, down from 2.08 million or 19.6 percent from a year earlier. The island is […]
Thomas Cook India acquires rights to Thomas Cook Brand for India, Sri Lanka & Mauritius
Dec 03, 2019 (LBO) – India’s leading integrated travel and travel-related financial services company, Thomas Cook India today announced it has signed an agreement with AlixPartners, Thomas Cook UK’s appointed Special Managers, to acquire the rights to the Thomas Cook brand in India, Sri Lanka and Mauritius for a one-time payment of GBP 1.5 Million. […]
SLTDA and DCC & CRM sign MOU to fasten investment approvals for tourism
Nov 15, 2019 (LBO) – Sri Lanka Tourism Development Authority (SLTDA) and the Department of Coast Conservation & Coastal Resources Management (DCC & CRM) marked a significant milestone when the two institutions signed a memorandum of understanding (MoU) to enhance the cooperation between the two agencies, and to reduce time and costs for investors both […]
Sri Lanka increases overflying charges after 38 years, revenue to go up by 57-pct
Nov 14, 2019 (LBO) – Sri Lanka’s government has decided to increase overflying charges after 38 years, taking into account the ICAO (International Civil Aviation Organization) policies for the determination of air navigation charges. In exchange for providing navigation aids to aircraft overflying their territories and landing at their airports, countries impose overflying navigation fees. […]
Hayleys Group delivers improved performance in 2Q 2019/20
Nov 14, 2019 (LBO) – Sri Lanka’s diversified conglomerate, the Hayleys Group, posted improvements in turnover, operating performance and overall profitability during the 2nd quarter of 2019/20 supported by the strong performance of its export businesses. Meanwhile, the Group also recorded an improvement in turnover and operating profit for the 1H of 2019/20, although overall […]
Shangri-La Group completes One Galle Face, Group’s largest venture in South Asia
Nov 14, 2019 (LBO) – Seven years after it broke ground, the much-anticipated One Galle Face (OGF) integrated project was officially opened recently by President Maithripala Sirisena and by Shangri-La Group CEO, Lim Beng Chee. The opening ceremony was attended by local dignitaries and industry leaders. The event also marks the first time OGF officially […]
Speedily adopt modern technologies in all aspects of travel and tourism industry: IPS
The fourth industrial revolution (4IR) is changing today’s world. Globally, 64 per cent of all migrant travellers has migrated for employment. However, traditional models of employment are increasingly replaced by new developments associated with 4IR technologies. This height of technological advancements in some aspects are creating inadvertent challenges. 4IR for Travel A major development in […]