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The Investor Sentiment - Equity and investments forum for Sri Lankans

The Lankan Investor Forum - A more respectable and reasonable place for members to discuss matters regarding the CSEThe Lankan Investor Forum - A more respectable and reasonable place for members to discuss matters regarding the CSE

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Latest topics

» CCS.N0000 ( Ceylon Cold Stores)
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» Sri Lanka plans to allow tourists from August, no mandatory quarantine
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» When Will It Be Safe To Invest In The Stock Market Again?
 Southern unrest shatters middle east tourist confidence EmptyWed Apr 19, 2023 6:41 am by කිත්සිරි ද සිල්වා

» Dividend Announcements
 Southern unrest shatters middle east tourist confidence EmptyWed Apr 12, 2023 5:41 pm by කිත්සිරි ද සිල්වා

» MAINTENANCE NOTICE / නඩත්තු දැනුම්දීම
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» ඩොලර් මිලියනයක මුදල් සම්මානයක් සහ “ෆීල්ඩ්ස් පදක්කම” පිළිගැනීම ප්‍රතික්ෂේප කළ ගණිතඥයා
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» SEYB.N0000 (Seylan Bank PLC)
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» Here's what blind prophet Baba Vanga predicted for 2016 and beyond: It's not good
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» The Korean Way !
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» In the Meantime Within Our Shores!
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» What is Known as Dementia?
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» SRI LANKA TELECOM PLC (SLTL.N0000)
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» THE LANKA HOSPITALS CORPORATION PLC (LHCL.N0000)
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» Equinox ( වසන්ත විෂුවය ) !
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» COMB.N0000 (Commercial Bank of Ceylon PLC)
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» REXP.N0000 (Richard Pieris Exports PLC)
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» RICH.N0000 (Richard Pieris and Company PLC)
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» Do You Have Computer Vision Syndrome?
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» LAXAPANA BATTERIES PLC (LITE.N0000)
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» What a Bank Run ?
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» 104 Technical trading experiments by HUNTER
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» GLAS.N0000 (Piramal Glass Ceylon PLC)
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» Cboe Volatility Index
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» AHPL.N0000
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» TJL.N0000 (Tee Jey Lanka PLC.)
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» CTBL.N0000 ( CEYLON TEA BROKERS PLC)
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» COMMERCIAL DEVELOPMENT COMPANY PLC (COMD. N.0000))
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» Bitcoin and Cryptocurrency
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» CSD.N0000 (Seylan Developments PLC)
 Southern unrest shatters middle east tourist confidence EmptyFri Mar 10, 2023 10:38 am by yellow knife

» PLC.N0000 (People's Leasing and Finance PLC)
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» Bakery Products ?
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» NTB.N0000 (Nations Trust Bank PLC)
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» Going South
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» When Seagulls Follow the Trawler
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» Re-activating
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» අපි තමයි හොඳටම කරේ !
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» මේ අර් බුධය කිසිසේත්ම මා විසින් නිර්මාණය කල එකක් නොවේ
 Southern unrest shatters middle east tourist confidence EmptyTue Jan 03, 2023 6:43 pm by ruwan326

» SAMP.N0000 (Sampath Bank PLC)
 Southern unrest shatters middle east tourist confidence EmptyWed Nov 30, 2022 8:24 am by කිත්සිරි ද සිල්වා

» APLA.N0000 (ACL Plastics PLC)
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» AVOID FALLING INTO ALLURING WEEKEND FAMILY PACKAGES.
 Southern unrest shatters middle east tourist confidence EmptyWed Nov 16, 2022 9:28 pm by කිත්සිරි ද සිල්වා

» Banks, Finance & Insurance Sector Chart
 Southern unrest shatters middle east tourist confidence EmptyTue Nov 15, 2022 5:26 pm by කිත්සිරි ද සිල්වා

» VPEL.N0000 (Vallibel Power Erathna PLC)
 Southern unrest shatters middle east tourist confidence EmptySun Nov 13, 2022 12:15 pm by කිත්සිරි ද සිල්වා

» DEADLY COCKTAIL OF ISLAND MENTALITY AND PARANOID PERSONALITY DISORDER MIX.
 Southern unrest shatters middle east tourist confidence EmptyMon Nov 07, 2022 6:36 pm by කිත්සිරි ද සිල්වා

» WATA - Watawala
 Southern unrest shatters middle east tourist confidence EmptySat Nov 05, 2022 8:44 am by කිත්සිරි ද සිල්වා

» KFP.N0000(Keels Food Products PLC)
 Southern unrest shatters middle east tourist confidence EmptySat Nov 05, 2022 8:42 am by කිත්සිරි ද සිල්වා

» Capital Trust Broker in difficulty?
 Southern unrest shatters middle east tourist confidence EmptyFri Oct 21, 2022 5:25 pm by කිත්සිරි ද සිල්වා

» IS PIRATING INTELLECTUAL PROPERTY A BOON OR BANE?
 Southern unrest shatters middle east tourist confidence EmptyThu Oct 20, 2022 10:13 am by කිත්සිරි ද සිල්වා

» What Industry Would You Choose to Focus?
 Southern unrest shatters middle east tourist confidence EmptyTue Oct 11, 2022 6:39 pm by කිත්සිරි ද සිල්වා

» Should I Stick Around, or Should I Follow Others' Lead?
 Southern unrest shatters middle east tourist confidence EmptyTue Oct 11, 2022 9:07 am by කිත්සිරි ද සිල්වා

» DV-2024 Program: Online Registration
 Southern unrest shatters middle east tourist confidence EmptyThu Oct 06, 2022 11:26 am by කිත්සිරි ද සිල්වා

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2 posters

    Southern unrest shatters middle east tourist confidence

    Sriranga
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     Southern unrest shatters middle east tourist confidence Empty Southern unrest shatters middle east tourist confidence

    Post by Sriranga Fri Jun 20, 2014 10:47 am

    The recent unfortunate incidents that erupted in Aluthgama and Beruwala areas will have an adverse impact on the country’s tourism sector in the backdrop of Middle East being the fourth largest inbound tourist market for Sri Lanka, according to tourism industry stakeholders.

    “We are already feeling the impact. During the last few days, there had been a number of cancellations by Middle Eastern tourists and new bookings have dried up,” an official of a leading travel sector operator told Mirror Business on grounds anonymity.

    According to immediate past President of Tourist Hotels Association of Sri Lanka, Anura Lokuhetty, a large number of Middle Eastern tourists generally go on holidays during the period May-October.

    “During May-October, you don’t see many European tourists. But because of the Eid holidays and the extreme heat in their countries, many Middle Eastern tourists come to Sri Lanka. In fact, the industry more or less depends on Middle Eastern tourists this time of the year. So, the timing of these incidents is very bad,” Lokuhetty stated.

    According to Sri Lanka Tourism statistics, 132, 169 tourists from Middle East region visited Sri Lanka in 2012 and the number increased to 183, 097 in 2013. For the first five months of this year, 28, 708 Middle Eastern tourists have visited t he country, a 19.6 percent increase year on-year.

    Meanwhile, leading Middle-East based media institutions such as Al Jazeera and t he Saudi Gazette provided extensive media coverage to the incidents that took place in Aluthgama and Beruwela during the early part of this week.

    “Generally during this time of the year, we get around 20 to 25 inquiries and bookings per month. But after these unfortunate incidents, the number has gone down to just one or two,” another leading tourism sector operator said.

    According to him, the spending capacity of Middle Eastern tourists are much higher than the Europeans who have been visiting Sri Lanka during the last few years. The current THASL President Jayantissa Kehelepannala told Mirror Business that they are constantly in touch with Sri Lanka Tourism to minimize any impact coming out from the incidents in Aluthgama and Beruwela.

    “At the moment I don’t see there’s much of an impact. But unfortunately I won’t be able to say the same if this continues,” he noted.
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    DocStock
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     Southern unrest shatters middle east tourist confidence Empty Re: Southern unrest shatters middle east tourist confidence

    Post by DocStock Sun Jun 22, 2014 10:22 am

    Australia also has issued a new travel advisory against SL - "to exercise a high degree of caution in Sri Lankan at this time because of the unrest situation in some part of the country."
    link

    As well as the UK -
    "There have been violent disturbances in Aluthgama (near Bentota) and Beruwala (about 60km south of Colombo) which have resulted in a number of reported deaths and many injuries, as well as damage to buildings and local businesses. The military has been deployed to the area. The curfew was lifted on 18 June. The police have said it could be reinstated should the situation deteriorate. The areas affected by disturbances are near to tourist resorts on the coast. If you’re travelling to these towns or to nearby areas you should take care and avoid demonstrations. There have been isolated incidents and disturbances elsewhere around the country."
    https://www.gov.uk/foreign-travel-advice/sri-lanka

    I also have second hand evidence of cancellation of bookings in hotels in Benthota.

      Current date/time is Thu Jun 20, 2024 10:57 am