Good for Hotels ? Lonely Planet names SL as best to visit in 2013

aj

aj

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Amal Mudunkotuwa wrote:aj ,

I didnt get ur point.
All the people/analysts says sri lanka will be having lot of rooms than the growth in the industry.

Growth in the industry is there after Sri Lanka been closed for 30 years. What I'm saying is that the hotels listed in the stock market how that should affect the current listed hotels. Just because tourists arrive in loads does not mean those hotels can take them in. Only thing they can do is increase price. The rooms, pools, restaurants are constant of the existing hotels.
Just because the harvest of coconuts in the newly cultivated lands around your estate are massive, does not increase your old land's coconuts. Smile

VISA

VISA

Senior Manager - Equity Analytics

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world most occupied hotels can achieve only 85%. no hotel can achieve more than 85% in normal operation.

so let say 2.5 mil arrivals by 2016
avg stay 10 days (sltda data by sriranga)
so man days 25,000,000
per day 25,000.000/365 = 68493
let take this as 68000.
so any day of the year sri lanka will have 68000 tourist in the country.

Is this target can be achieve ??????

let assume every room there is 2 guests.

no rooms occupied 68000/2 = 34000
85 % occupancy rate 34000/0.85 = 40000 rooms

if it is 2,000,000 arrivals it will be 31000 rooms

sriranga

sriranga

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VISA wrote:world most occupied hotels can achieve only 85%. no hotel can achieve more than 85% in normal operation.

so let say 2.5 mil arrivals by 2016
avg stay 10 days (sltda data by sriranga)
so man days 25,000,000
per day 25,000.000/365 = 68493
let take this as 68000.
so any day of the year sri lanka will have 68000 tourist in the country.

Is this target can be achieve ??????

let assume every room there is 2 guests.

no rooms occupied 68000/2 = 34000
85 % occupancy rate 34000/0.85 = 40000 rooms

if it is 2,000,000 arrivals it will be 31000 rooms

Good for Hotels ? Lonely Planet names SL as best to visit in 2013 - Page 2 Hotel10

Source: http://www.sltda.lk/sites/default/files/SL_Annual_Stat_Report-2011.pdf

VISA

VISA

Senior Manager - Equity Analytics

Posts : 396
Join date : 2012-04-20

for year 2011, 855000 guest arrived and they had 5,000.000 guest nights.
that comes to 5.8 days (6 days)
arriving date and departing date make it 8 days.

so some thing wrong with 10 day average. can some one explain the missing 2 days. They stay under a tree or spend the night in the car ?

2 days means 30% additional rooms of hotel bookings.

Redbulls

Redbulls

Director - Equity Analytics

Posts : 6053
Join date : 2012-02-14

VISA wrote:for year 2011, 855000 guest arrived and they had 5,000.000 guest nights.
that comes to 5.8 days (6 days)
arriving date and departing date make it 8 days.

so some thing wrong with 10 day average. can some one explain the missing 2 days. They stay under a tree or spend the night in the car ?

2 days means 30% additional rooms of hotel bookings.

Some of the so called guests may be Srilankan with foreign passport.

WildBear

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http://www.independent.co.uk/travel/asia/where-to-go-in-2013-sri-lanka-8219292.html

Read the above link especially the comments made by readers.

UKboy

UKboy

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Hanoifortune wrote:

UKboy wrote:I would like to see these kinds of promotions targeting year 2015, not 2013.
2013 is a bit early.
(above is just what I think)

By 2015, Sri Lanka will have to compete with Myanmar.

Competition to attract more tourists in not something unsual.
It happens all the time & it will not change tomorrow.

Kithsiri

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Infrastructural changes only will not be enough to keep them coming back again and again.
Attitudes too need to change (towards the Environment and towards the visitors).

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Good for Hotels ? Lonely Planet names SL as best to visit in 2013

26 Re: Good for Hotels ? Lonely Planet names SL as best to visit in 2013 Tue Oct 23, 2012 4:11 pm

aj

27 Re: Good for Hotels ? Lonely Planet names SL as best to visit in 2013 Tue Oct 23, 2012 5:40 pm

VISA

28 Re: Good for Hotels ? Lonely Planet names SL as best to visit in 2013 Tue Oct 23, 2012 6:18 pm

sriranga

29 Re: Good for Hotels ? Lonely Planet names SL as best to visit in 2013 Tue Oct 23, 2012 6:46 pm

VISA

30 Re: Good for Hotels ? Lonely Planet names SL as best to visit in 2013 Tue Oct 23, 2012 6:52 pm

Redbulls

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WildBear

32 Re: Good for Hotels ? Lonely Planet names SL as best to visit in 2013 Tue Oct 23, 2012 10:45 pm

UKboy

33 Re: Good for Hotels ? Lonely Planet names SL as best to visit in 2013 Wed Oct 24, 2012 12:10 am

Kithsiri

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