Category: Tourism
‘s tourism arrival numbers are up, but beach front properties remain virtually empty
Despite claims that tourist revivals are up 8 percent by May, many of Sri Lanka’s resorts on the southern coast remain almost empty since the tsunami. Despite claims that tourist revivals are up 8 percent by May, many of Sri Lanka’s resorts on the southern coast remain almost empty since the tsunami. Visitors who helped […]
Full Board
Tsunami ravished beach resorts Eden Hotel and Riverina Hotels collect Rs.200 million from insurance. Tsunami ravished beach resorts Eden Hotel and Riverina Hotels collect Rs. 200 million from insurance. The hotels managing company, the Confifi Group on Thursday told shareholders that negotiations with the insurers had been completed with the parties agreeing to pay Rs.97.5 […]
No takers in Sri Lanka for IFC’s US$ 150 mn loans?
The International Finance Corp.‘s offer of US$ 150 million tsunami loan facility is likely to go a begging in Sri Lanka, as hoteliers seek comfort in local banks.The International Finance Corp.’s offer of US$ 150 million tsunami loan facility is likely to go a begging in Sri Lanka, as hoteliers seek comfort in local banks. […]
‘s US$ 150 mn loans?
The International Finance Corp.‘s offer of US$ 150 million tsunami loan facility is likely to go a begging in Sri Lanka, as hoteliers seek comfort in local banks.The International Finance Corp.’s offer of US$ 150 million tsunami loan facility is likely to go a begging in Sri Lanka, as hoteliers seek comfort in local banks. […]
Bouncing Back
The Ceylon Tourist Board chairman Udaya Nanayakkara says the board will spend over US$ 7 million this year to promote the Indian Ocean Island as an up-market holiday destination.The Ceylon Tourist Board chairman Udaya Nanayakkara says the board will spend over US$ 7 million this year to promote the Indian Ocean Island as an up-market […]
Law to revamp Tourist Board with private sector seats, may get Parliament nod
New laws to revamp the Tourist Board and get the private sector involved in spending marketing dollars, may get the Parliament go-ahead next week, despite opposition.New laws to revamp the Tourist Board and get the private sector involved in spending marketing dollars, may get the Parliament go-ahead next week, despite opposition. The new Tourism Development […]
‘s tsunami-hit tourism industry
Sri Lanka will spend 7.3 million dollars to woo high-spending holiday makers from Europe and neighbouring India to fill hotel rooms left empty after the December tsunamis, officials said Wednesday.Sri Lanka will spend 7.3 million dollars to woo high-spending holiday makers from Europe and neighbouring India to fill hotel rooms left empty after the December […]
US boost for Sri Lanka’s tsunami-hit tourism industry
Sri Lanka will spend 7.3 million dollars to woo high-spending holiday makers from Europe and neighbouring India to fill hotel rooms left empty after the December tsunamis, officials said Wednesday.Sri Lanka will spend 7.3 million dollars to woo high-spending holiday makers from Europe and neighbouring India to fill hotel rooms left empty after the December […]
Some of coral reefs battered, others untouched by tsunami
The tsunamis which smashed into Sri Lanka in December last year battered some of the island’s famed coral reefs to bits but left others untouched, environmentalists say.The tsunamis which smashed into Sri Lanka in December last year battered some of the island’s famed coral reefs to bits but left others untouched, environmentalists say. Based on […]
Discount travel deals and aid work draw in tourists that are filling up city hotels
Discount travel deals and relief work are drawing in tourist numbers, as Indians and Europeans flocked into Sri Lanka and filled up city hotels in March.Discount travel deals and relief work are drawing in tourist numbers, as Indians and Europeans flocked into Sri Lanka and filled up city hotels in March. Arrivals in March this […]
Tsunami destroyed hotels could bypass heavy compensation laws if they opt to layoff staff
Local hotels completely destroyed in the tsunami could plead a ‘frustrated contract’, to bypass heavy compensation laws and negotiate a settlement with workers.Local hotels completely destroyed in the tsunami could plead a ‘frustrated contract’, to bypass heavy compensation laws and negotiate a settlement with workers. The legal concept of frustration covers an external catastrophe, out […]
Tsunami cost to tourism far less than 9/11 attacks: industry leaders
The impact of the tsunami disaster on tourism in 2005 will be about 40 times less than that of the September 11 attacks on the United States, industry leaders said Friday at the opening of the World Travel and Tourism summit.The impact of the tsunami disaster on tourism in 2005 will be about 40 times […]
