Sri Lanka’s tourist arrivals increase by 4.7 percent in March this year
Sri Lankan authorities have reportedly stated that tourist arrivals to the country in March have improved by 4.7% to 244,328, bringing the cumulative first quarter figure to 740,600, reflecting a 4.6% growth year-on-year.
According to reports, the largest source market for tourists was India (up 5.6% to 34,812), followed by the United Kingdom (up 8.8% to 29,682), and China (up 12.6% to 23,759).
Arrivals from Germany and France have declined 26% and 6%, respectively, to 18,134 and 13,957.
Last year, tourist arrivals had amounted to 2.3 million, and the projection for 2019 is 2.8 million.
Reports have stated that Europe is the largest source of tourist traffic to Sri Lanka with 49% of the total traffic received in March.
Asia and Pacific had accounted for 40% of the total traffic followed by America at 8%, Middle
East at 2%, and Africa at 1%.
India, United Kingdom, China, Germany and France have been recorded as Sri Lanka’s top five international tourist generating markets in the month of March this year.
OSL take:
Sri Lanka’s tourism industry has recorded a continuous growth during the past few years. The growth momentum seems to be continuing given the increase recorded in tourist arrivals to the country. Sri Lanka has also made its way to many key global lists as a must visit destination. Therefore, foreign businesses/investors could explore business/investment opportunities in Sri Lanka’s tourism sector.
| Article Code : | VBS/AT/09042019/Z_1 |