Sri Lanka Govt should rethink minimum room rates policy

Sri Lanka Govt should rethink minimum room rates policy: Advocata

The Advocata Institute expresses concern over the recent proposal by the Sri Lankan Authorities to impose minimum room rates on hotels in the city of Colombo. This proposal, set to take effect from October 1st 2023, stipulates rates of USD 130 for 5-star hotels, USD 100 for 4-star hotels, and USD 80 for 3-star hotels. […]