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Sri Lanka Equity Forum » Stock Market & Forum Help » Stock Market News » Sri Lanka tourist arrivals up by 7.8 percent in July

Sri Lanka tourist arrivals up by 7.8 percent in July

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Redbulls

Redbulls
Director - Equity Analytics
Director - Equity Analytics
Aug 14, Colombo: Sri Lanka's tourist arrivals rose 7.8 percent in July this year compared to the same period last year, the data released by the Sri Lanka Tourism Development Authority (SLTDA) Tuesday showed.

The month recorded 90,338 tourists arriving in the country compared to the 83,786 arrived in July 2011.

Tourist arrivals from Western Europe reached 214,186 during the first seven months of this year, a 20.6 percent increase from the 177,543 tourists arrived in the same period of last year. Arrivals for the month increased 22.0 percent from 34,089 in 2011 to 41,584 this year.

Arrivals from Eastern Europe increased 43.1 percent from January through July.

Arrivals from South Asia for July declined 9.7 percent this year while it recorded a marginal increase of 2.6 percent in the first seven months of 2012 compared to the same period last year. Of the 16,837 arrived in July 2012, a majority, 11,564 were from India.

Sri Lanka targets one million tourist arrivals this year. SLTDA statistics have recorded 855,975 tourist arrivals in 2011 compared to the 654,476 arrived in 2010.

Since the end of the war against the Tamil Tiger terrorists in May 2009, the country has seen increasing tourist arrivals every year for the past three years.

During the first six months of 2012, revenue from tourism has risen 24.3 percent from the same period last year to $459.9 million, the Central Bank data showed.

Sri Lanka launched an ambitious five-year plan under the guidance of the Economic Development Minister to boost tourism in the country. Under the plan Sri Lanka expects to raise the number of arrivals to 2.5 million and to earn annual revenue of US$ 2.75 billion by 2016.
http://www.colombopage.com/archive_12A/Aug14_1344953567CH.php

sriranga

sriranga
Co-Admin
Sri Lanka tourist arrivals up by 7.8 percent in July Tour10

http://sharemarket-srilanka.blogspot.co.uk/

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