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Tourism sector

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Tourism sector

Post by yellow knife on Fri Jul 24, 2015 7:48 am

After analyzing few leading plantation companies and tourism related listed entities I like to compare the performance of these leading firms of respective field

First with profitability

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Re: Tourism sector

Post by yellow knife on Fri Jul 24, 2015 7:50 am

When tourism related leading entities making profits of above 2 billion, plantation is struggling to generate revenue above 2 billion mark..

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Re: Tourism sector

Post by yellow knife on Fri Jul 24, 2015 7:52 am

Out of leading hotels AHUN is continuously increasing revenue where AHPL is showing maturity in earning...

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Re: Tourism sector

Post by Leon on Fri Jul 24, 2015 8:12 am

Good eye opener. I have never in to a Hotel share so far.
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Re: Tourism sector

Post by yellow knife on Fri Jul 24, 2015 8:14 am

There is one factor which still worries me in SL tourism...Let me first quote from annual report of AHUN

"
Sri Lanka's earning from tourism continued to grow at healthy pace increasing by 41% to USD 2.43 million in 2014. It is encouraging that this growth was supported by higher spending and increased duration of stay. the average spending per tourist rose to USD 160.8 per day in 2014 from USD 156.5 per day in 2013. According to the latest annual survey on tourist spending and duration of stay conducted by the Sri Lanka Tourism Development Authority. (SLTDA) . Meanwhile the average duration of stay per tourist increased to 9.9 days in 2014 compared to 8.6 days in 2013.

"


In many discussions it was highlighted that nowadays what SL attract is bag-packers. Even the fact that average spending per day at USD 160.8 is highlighted to prove the low level spenders coming as tourists..

But the same fact is highlighted as a positive upward trend by AHUN annual report and toursim as an industry enjoy better than plantation industry in SL..

Other than AHPL other leading entities enjoy Maldivian income as well..


Last edited by yellow knife on Fri Jul 24, 2015 8:48 am; edited 1 time in total

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Re: Tourism sector

Post by කිත්සිරි ද සිල්වා on Fri Jul 24, 2015 8:43 am

Thanks YK.
Not looked at the sector seriously before, but this is like a wake up call. Very Happy
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Re: Tourism sector

Post by yellow knife on Fri Jul 24, 2015 8:56 am

Plantation Sector enjoy large lands of SL and some thanks to Golden Share of Treasury Secretary.. It is not surprising to see these large lands mixing with Tourism as in THE HERITAGE TEA FACTORY HOTEL of AHUN.N to get the best of both world...

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Re: Tourism sector

Post by yellow knife on Fri Jul 24, 2015 9:06 am

Two leading plantation related entrepreneurs ( who have successfully groomed their second generation into business)  have entered to tourism successfully..

Kegalle, Namun owning Dr Sena Yaddehige and team has invested in Hotel Sector and 5th largest share holder of AHPL

M.J. Fernando and team is more aggressively into tourism where they remain in top twenty list of AHPL, AHUN and the leading shareholder in THE FORTRESS..

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Re: Tourism sector

Post by yellow knife on Fri Jul 24, 2015 9:56 am

However small single hotel units are risky

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Re: Tourism sector

Post by Backstage on Fri Jul 24, 2015 11:40 am

yellow knife wrote:Two leading plantation related entrepreneurs ( who have successfully groomed their second generation into business)  have entered to tourism successfully..

Kegalle, Namun owning Dr Sena Yaddehige and team has invested in Hotel Sector and 5th largest share holder of AHPL

M.J. Fernando and team is more aggressively into tourism where they remain in top twenty list of AHPL, AHUN and the leading shareholder in THE FORTRESS..

MJ also now own Cape Weligama.
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SANCHARAKA UDAWA 2016

Post by කිත්සිරි ද සිල්වා on Fri Feb 26, 2016 3:54 pm

Sri Lanka Association of Inbound Tour Operators (SLAITO) will organize the 6th Sancharaka Udawa 2016, the largest gathering of the local tourism industry during the month of May 2016.

The exhibition will showcase many small, medium and large enterprises and entrepreneurs of the tourism industry on a single platform, creating an opportunity to come together and make it known to those in the tourism sector.

The popularity of the event bears ample testimony to its success. This will be an ideal opportunity for those interested in the tourism industry, even students to get a first-hand understanding of what is available in the tourism industry.


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Re: Tourism sector

Post by Hybrid on Fri Feb 26, 2016 3:59 pm

කිත්සිරි ද සිල්වා wrote:Sri Lanka Association of Inbound Tour Operators (SLAITO) will organize the 6th Sancharaka Udawa 2016, the largest gathering of the local tourism industry during the month of May 2016.

The exhibition will showcase many small, medium and large enterprises and entrepreneurs of the tourism industry on a single platform, creating an opportunity to come together and make it known to those in the tourism sector.

The popularity of the event bears ample testimony to its success. This will be an ideal opportunity for those interested in the tourism industry, even students to get a first-hand understanding of what is available in the tourism industry.


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Kith,

Who will be controlling all the stalls, advertising, programs and installations?

Is it done the same with the Gam Udawwa, and various other village programs done by the previous regime?

Who will get the cut for the rents, land, equipment etc?


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Re: Tourism sector

Post by කිත්සිරි ද සිල්වා on Fri Feb 26, 2016 4:02 pm

Sri Lanka Association of Inbound Tour Operators (SLAITO).
Hybrid wrote:
කිත්සිරි ද සිල්වා wrote:Sri Lanka Association of Inbound Tour Operators (SLAITO) will organize the 6th Sancharaka Udawa 2016, the largest gathering of the local tourism industry during the month of May 2016.

The exhibition will showcase many small, medium and large enterprises and entrepreneurs of the tourism industry on a single platform, creating an opportunity to come together and make it known to those in the tourism sector.

The popularity of the event bears ample testimony to its success. This will be an ideal opportunity for those interested in the tourism industry, even students to get a first-hand understanding of what is available in the tourism industry.


[You must be registered and logged in to see this link.]


Kith,

Who will be controlling all the stalls, advertising, programs and installations?

Is it done the same with the Gam Udawwa, and various other village programs done by the previous regime?

Who will get the cut for the rents, land, equipment etc?


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Re: Tourism sector

Post by xmart on Wed Aug 17, 2016 12:08 pm

CB wrote:India, China, UK, Germany and France were the top five sources of tourist arrivals in July 2016, accounting for 52.1 per cent of total tourist
arrivals upto the month of July 2016

Improvement in the tourism industry

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tourist arrival

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June Q is the off season. but the next 2 quarters will be crowded and considering 1st half industry growth, we can expect this sector to perform well in coming quarters. be on alert!

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