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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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    Post by yellow knife Wed Aug 05, 2015 9:15 am

    We often happy to say No of tourist arrivals..and reaching 1 Million target by July makes us happy to predict 2 Million tourist arrivals for 2015..

    However I like to evaluate over-all tourism and just named the thread as Unfair tourism..Its because of following chart that shows countries where more than 20 Million tourists arrive annually.. Unfairly most of these countries are well-developed.. When we the poor nation is happy with 2 Million arrivals these countries enjoy well above 20 Million tourists..

    Source I use is

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    However in this World Bank data UAE and North Korea missing...

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    Post by jiggysaurus Wed Aug 05, 2015 9:30 am

    yellow knife wrote:

    However I like to evaluate over-all tourism and just named the thread as Unfair tourism..Its because of following chart that shows countries where more than 20 Million tourists arrive annually.. Unfairly most of these countries are well-developed.. When we the poor nation is happy with 2 Million arrivals these countries enjoy well above 20 Million tourists..


    Why is this a big surprise? A sudda will always prefer to do his sudda holiday in a clean country with clear rules and regulations and proper freedom to have fun. That is why they will go to developed countries. A begegr country like Thailand has to use Jiggy to draw 20 million tourists and natural attraction low gets 10 million tourists with Casinos+ Jiggy.

    We only get 1 million because of our reputation as a war torn mess. To get to 20 million we will need to provide Casinos and Jiggy and we'll need proper rule of law so that friends of our politikkas don't go around murdering and raping suddas.
    The other option is to jazz up our Royal brothel in Sigiriya and bring up some stories to make it comparable to the Pyramids. The Sigiriya story can be made to sound better than Cleopatra.
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    Post by කිත්සිරි ද සිල්වා Wed Aug 05, 2015 9:35 am

    If we like to see an improvement, not only infrastructural development alone will bring more tourists.
    We need a cultural shift equally.
    The Pavement Hawker mentality has to be eradicated if we really want to see a jump.
    People (Private buses, three wheelers, Gift shops, other transport guys, hotels, motels and eateries etc) fleecing visitors are having a very negative impact.
    Word of mouth is very powerful.
    We need effective, well conversant and visible tourist police especially in areas where tourists visit more and in main cities, buses and train terminus etc.


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    Post by yellow knife Wed Aug 05, 2015 9:38 am

    Many of above 20 million tourist arrival countries are developed and of course head-offices of empires during colonial era..

    France is leading, Spain, Germany, Italy and UK are such colonial empires..

    Sorry I have missed UK in above chart..

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    Post by yellow knife Wed Aug 05, 2015 9:40 am

    Next category is 10-20 Million tourist arrivals..

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    Post by yellow knife Wed Aug 05, 2015 9:45 am

    The first category is of developed and what attract tourists is its vast development, Museums, Historically important places, entertainment parks..etc..

    Second category for various reasons.. Saudi Arab for pilgrimages.. Egypt for Pyramids and the decline of tourism in Egypt is due to national security lapses..Greece for historical importance...

    With all clean Singapore is in the second category.. but numbers are slowly growing..
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    Post by yellow knife Wed Aug 05, 2015 10:08 am

    third category belongs to 5-10 Million tourist arrivals

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    Post by HAL9000 Wed Aug 05, 2015 10:10 am

    jiggysaurus wrote:
    yellow knife wrote:

    However I like to evaluate over-all tourism and just named the thread as Unfair tourism..Its because of following chart that shows countries where more than 20 Million tourists arrive annually.. Unfairly most of these countries are well-developed.. When we the poor nation is happy with 2 Million arrivals these countries enjoy well above 20 Million tourists..


    Why is this a big surprise? A sudda will always prefer to do his sudda holiday in a clean country with clear rules and regulations and proper freedom to have fun. That is why they will go to developed countries. A begegr country like Thailand has to use Jiggy to draw 20 million tourists and natural attraction low gets 10 million tourists with Casinos+ Jiggy.

    We only get 1 million because of our reputation as a war torn mess. To get to 20 million we will need to provide Casinos and Jiggy and we'll need proper rule of law so that friends of our politikkas don't go around murdering and raping suddas.
    The other option is to jazz up our Royal brothel in Sigiriya and bring up some stories to make it comparable to the Pyramids. The Sigiriya story can be made to sound better than Cleopatra.

    Jiggy has raised some valid points in sarcastic way, Now our largest feeder market is China and second is  India, that is a main reason why the number growth has not reflected proportionately in listed hotel's occupancy ratio or revenue. most of them stay in cheap, unclassified places. Some take meals in "Saiwar Kade". We also get a new catogary or tourist called "Chinese beggars" Razz

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    All in all we should tap the high income category of Indians and Chinese. Those huge markets are the way to move forward. Like jiggy said we need at least one high end casino at least at JKH water front project.


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    According to above article we got highest visitors in July month, which was earlier off season for western tourist. Because of these changing dynamics, we get tourists all over the year which is a good development.

    If we want to attract high spending tourist, our product quality should be improved especially professionalism in the industry. Human resource development needs to go  a long way  both in numbers and quality if we are talking millions in numbers, It's obvious that we need high end shopping more than "ODEL", glad to see few of them are on the way.

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    Post by කිත්සිරි ද සිල්වා Wed Aug 05, 2015 10:26 am

    Some years back I met an Indian businessman while in transit in New Delhi.

    He was into tourism and what he told me was that people in the North are so fond of sea, beach and precious stones.

    But they have none available there.

    They have money to spend and they are known to be big spenders too.

    He asked me, as you have all those down there and why aren't you use them for your advantage.

    He was duly impressed when I mentioned about Unawatuna, Rummassala hillock, Hawa-eliya etc, place have direct references in epic Ramayana.

    If you have read Sindbad the sailor’s voyage, they thought Adam’s Peak was the world highest mountain in the World, as it can be seen three days sails away on water.

    Arabic literature refers a paradise on earth and it is called "Sama-kand" and can it be "Sama nala Kanda"?


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    Post by yellow knife Wed Aug 05, 2015 10:35 am

    Well Hal

    Being a traveler I have seen both types... When I went to Trincomalee I ve seen white skinned tourists who come to an average restaurant for lunch and check price of each food item before buying where we just order and pay at the end...

    But at House of Fashion I have seen many demanding Indian buyers who queue  into pay bills over Rs 20,000.00..

    Chinese consist of again both upper and lower... I ve met Chinese who sell wrist watches in the pavement and those who fill tables at Crab Ministry and buy Gems...

    Because of cheap media and cheap politics we see only low spending tourists... but just check Hotel performance and I would say SL tourism is picking up...


    Kith

    Yes our historical relationships with various  stories like Ramayanaya, Sinbad the Sailor are worth marketing...

    One of my good friend also take a google map on his mobile phone and show to anyone who talk to him and promote SL in all his trips...
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    Post by yellow knife Wed Aug 05, 2015 10:50 am

    fourth category is 2-5 Million tourist arrivals per year and still we SL is missing in that list too  Sad Sad



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    Post by HAL9000 Wed Aug 05, 2015 10:52 am

    @ YK, I wasn't pointing merely a political point. A major draw back in SL is we lack some high quality shopping which can please a high spending tourist. If you compare this with Singapore, Malysia , Thailand or even Dubai.
    Shopping is a major factor that can please a tourist, where we lack quantity at the moment. But It seems the gap to be filled like many mixed development projects to commence operation within next 3-4 years.
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    Post by yellow knife Wed Aug 05, 2015 11:00 am

    Hal

    I agree with your comment above.. We need more shopping complexes and less duty.. Dubai is a superb place for toursits.. Dubai Shopping Festival is a marvelous advertising for the industry.. This time there were gold prices in Kilos ..

    Yet there are other ways as well.. Think about Vietnam...It is in the third category...


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    Post by Hawk Eye Wed Aug 05, 2015 12:20 pm

    jiggysaurus wrote:
    yellow knife wrote:

    However I like to evaluate over-all tourism and just named the thread as Unfair tourism..Its because of following chart that shows countries where more than 20 Million tourists arrive annually.. Unfairly most of these countries are well-developed.. When we the poor nation is happy with 2 Million arrivals these countries enjoy well above 20 Million tourists..


    Why is this a big surprise? A sudda will always prefer to do his sudda holiday in a clean country with clear rules and regulations and proper freedom to have fun. That is why they will go to developed countries. A begegr country like Thailand has to use Jiggy to draw 20 million tourists and natural attraction low gets 10 million tourists with Casinos+ Jiggy.

    We only get 1 million because of our reputation as a war torn mess. To get to 20 million we will need to provide Casinos and Jiggy and we'll need proper rule of law so that friends of our politikkas don't go around murdering and raping suddas.
    The other option is to jazz up our Royal brothel in Sigiriya and bring up some stories to make it comparable to the Pyramids. The Sigiriya story can be made to sound better than Cleopatra.

    Lol..Very Funny reply and it is the truth..By the way does your name anyway associated with this Jiggy thing
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    Post by yellow knife Wed Aug 05, 2015 6:17 pm

    Sri Lankan performance is better to compare with Maldives

    Sri Lanka is overtaking its competitor of the region by volume
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    Last edited by yellow knife on Wed Aug 05, 2015 6:18 pm; edited 1 time in total (Reason for editing : numbers to volume)
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    Post by yellow knife Fri Aug 07, 2015 7:08 pm

    It seems that still many of us believe tourist as a SUDDA or a white man from West

    But the trend is changing to Chinese and Indian where they belong the highest number of middle class of the world..
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    Post by කිත්සිරි ද සිල්වා Fri Aug 07, 2015 9:06 pm

    Yes, that is why I say that we have to see the whole package.
    Decide what to promote and what to sell.
    India and China have more deep historical connections with us and we should know the history first to come up with suitable packages.
    Unfortunately our Promoters & Ad guys still lack those knowledge sadly.
    yellow knife wrote:It seems that still many of us believe tourist as a SUDDA or a white man from West
    But the trend is changing to Chinese and Indian where they belong the highest number of middle class of the world..


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    Post by Hybrid Sat Aug 08, 2015 7:14 pm

    We do not need 5-7 star hotels for the majority of Indians and Chinese. they like to stay in cheep hotels and make noodles or chapathi in the room and eat a heavy breakfast to last until dinner.

    the strategy should be changed accordingly.
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    Post by yellow knife Sat Aug 08, 2015 10:21 pm

    This is what happen when cheap politicians invade the minds of young investors and block its ability to think

    Hybrid please compare the plantation industry of SL with tourist industry and check the results yourself

    Or ask from tourist guide who will tell you that the whites are also bag packers

    Meet a gem seller and ask about chinese buyers

    Visit yourself to luxury dinning places and check the number of chinese in SL enjoying the luxury

    Go to maldives and check the luxury resorts now enjoyed by Chinese tourists

    Visit Malaysia or House of Fashion and look at Indian spendings...

    Watch the movie sixth sense and see the Indians buying diamonds in us where americans work as sales reps

    Read Rajrajaratnam book and find that many rich educated americans are Indians

    World is Changing... The place Jews enjoyed in finance field of US now enjoying by Indians...

    China and India are going to be the biggest economies and for a great number of years in history they were



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    Post by yellow knife Mon Aug 10, 2015 8:52 am

    දැන් එන්නේ ඉස්තිරික්කෙන් රොටි පුච්චන් කන ඉන්දියන්  කාරයෝ

    This is one famous quote of Dayasiri and such quotes echoed in minds of investors ( retail) and they did not even looked at hotel shares.. This is why I am saying cheap politicians have brain-washed minds and unfortunately our investors don't analyze themselves but above statements are taken for granted..I don't care about what is the party Dayasiri is representing at the moment and next but cheap politicians are always cheap...

    රබර් හැදෙන මකන කෑල්ලක් නොහදන රට.. මිනිරන් තියෙන පැන්සල් නොහදන රට

    This was another nice quote of Aunra Kumara earlier.. But he may have not read annual reports of REXP, DIPD or BOGA... this is again why I am against Cheap Politicians..

    With this lets concentrate our discussion back to tourism ... Or else Admins have to reluctantly move this to Political Discussion
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    Post by කිත්සිරි ද සිල්වා Mon Aug 10, 2015 8:59 am

    රබර් හැදෙන මකන කෑල්ලක් නොහදන රට.. මිනිරන් තියෙන පැන්සල් නොහදන රට

    I see nothing wrong with such comments.

    It is like some of the oil producing countries do not have sufficient refinery facilities, thus forcing them to import refined products later at higher price.

    ( I have decided to stay away from political discussions and hope Admin will be unbiased here ).


    Last edited by කිත්සිරි ද සිල්වා on Mon Aug 10, 2015 10:04 am; edited 1 time in total


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    Post by jiggysaurus Mon Aug 10, 2015 9:53 am

    කිත්සිරි ද සිල්වා wrote:

    ( I have decided to stay away from political discussions here and hope Admin will be unbiased here ).

    Ayyo why? Threat from the Royal Family's White Van?
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    Post by Hybrid Mon Aug 10, 2015 7:22 pm

    yellow knife wrote:This is what happen when cheap politicians invade the minds of young investors and block its ability to think

    Hybrid please compare the plantation industry of SL with tourist industry and check the results yourself

    Or ask from tourist guide who will tell you that the whites are also bag packers

    Meet a gem seller and ask about chinese buyers

    Visit yourself to luxury dinning places and check the number of chinese in SL enjoying the luxury

    Go to maldives and check the luxury resorts now enjoyed by Chinese tourists

    Visit Malaysia or House of Fashion and look at Indian spendings...

    Watch the movie sixth sense and see the Indians buying diamonds in us where americans work as sales reps

    Read Rajrajaratnam book and find that many rich educated americans are Indians

    World is Changing... The place Jews enjoyed in finance field of US now enjoying by Indians...

    China and India are going to be the biggest economies and for a great number of years in history they were






    YK,

    You jumping to confusions won't help the least.
    I am well read sir, and well travelled also.

    I have been to the Maldives and seen for my self and interviewed many hotel managers and staff who know the business. In the Maldives, the Chinese are know as the "noodle guests" and the Indians are famous for using the electrica water heater for purposes other than it was intended for.

    Also, don't think that you are all knowing and don't try to impose your thinking and background on others.

    They just sync the wrong way!
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    Post by Hybrid Mon Aug 10, 2015 7:29 pm

    Also being rich is one thing and spending is another.

    The cheese and Indians are thrada may be many in number but 2 billion of them are below the educated line and their attitudes and spending power is poor.


    How many rich Chinese and Indians can boost the hotel trade compared to the average western population?

    The Indians are known for crowding into one small room to cut costs on travel. They spend the least.
    Both are stingy!

    Also statistics do lie and just collecting data doent, mean the integrity of the data is accurate and the methodology used is reflecting the desired information that good decisions can be made.
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    Post by yellow knife Tue Aug 11, 2015 9:06 am

    Hybrid

    I warmly welcome your criticism... Indeed I too recalculate my assumptions , conclusions once I had to face arguments like yours...

    Tourists are branded by those who involved in tourism with nice nick names..

    We who read the same book may have different views about the book after reading.. Having arguments like this will be beneficial for both...

    Thanx Hybrid for make me to see your side as well

    with this I may move onto another area that is different types of tourists ....

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