Category: Tourism
Tourist arrivals still driven by South Asia
Tourist arrivals to Sri Lanka, from traditional bread and butter markets of Western Europe, showed signs of picking up in the month of June.Tourist arrivals to Sri Lanka, from traditional bread and butter markets of Western Europe, showed signs of picking up in the month of June. Tourists to Sri Lanka increased by 42.3 percent […]
Sri Lanka to sell Hilton hotel stake
Sri Lanka’s government plans to sell a stake in the Hilton Colombo, the only five-star business hotel in the capital, to help fund its budget, a hotel official said Monday.Sri Lanka’s government plans to sell a stake in the Hilton Colombo, the only five-star business hotel in the capital, to help fund its budget, a […]
US gives US$ 20,000 to restore Matara monuments
The United States will spend US$ 20,000 to restore historical sites in Galle and Matara, including the Dutch Fort that took a beating from last December’s tidal waves.The United States will spend US$ 20,000 to restore historical sites in Galle and Matara, including the Dutch Fort that took a beating from last December’s tidal waves. […]
Hubbub for Sri Lanka’s financial hub
Sri Lanka’s main financial centre near the president’s official residence was declared a high security zone as the opposition today led an unprecedented march to the capital demanding early elections.Sri Lanka’s main financial centre near the president’s official residence was declared a high security zone as the opposition today led an unprecedented march to the […]
Agriculture support services makeup over half of rural GDP
An ADB/World Bank study has found that agriculture support services makeup over half of rural GDP and household incomes. An ADB/World Bank study has found that agriculture support services makeup over half of rural GDP and household incomes. The previously overlooked non-agro sector which included transport and trading activities is estimated to contribute as much […]
Coastal buffer zones keep tsunami survivors at bay
HIKKADUWA, Sri Lanka,(AFP) – The waterfront restaurant at the entrance to this Sri Lankan coral sanctuary survived the Asian tsunami but six months later its owner is struggling to keep his nose above water because a new “buffer zone” law prevents him from rebuilding.HIKKADUWA, Sri Lanka,(AFP) – The waterfront restaurant at the entrance to this […]
Tourist arrival to Sri Lanka change after the tsunami
Tourist arrival patterns to Sri Lanka show a shift from traditional Western European markets to regional markets after the tsunami. Tourist arrival patterns to Sri Lanka show a shift from traditional Western European markets to regional markets after the tsunami. “Arrivals from western Europe are still down.We are trying to revive them. But arrivals from […]
Sri Lanka’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 […]
‘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 […]
‘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. […]
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. […]