Sri Lanka’s tourist arrivals so far in 2023 cross 800,000 mark - Opportunity Sri Lanka
Sri Lanka’s tourist arrivals so far in 2023 cross 800,000 mark

Sri Lanka’s tourist arrivals so far in 2023 cross 800,000 mark

Daily FT: Sri Lanka Tourism achieved a significant milestone yesterday, as it crossed the 800,000 arrivals mark year-to-date, signaling continuous momentum.
Speaking to the Daily FT Tourism Minister Harin Fernando lauded the achievement, highlighting its positive impact on the sector’s vitality.
During the first six days of August, a total of 30,303 tourists entered the country, solidifying the country’s appeal as a preferred travel destination. Among the leading contributors to this surge in tourist arrivals in the first six days, India claimed the top spot with an impressive 4,608 visitors, followed closely by the United Kingdom, China, France, Germany, Italy, Netherlands, Spain, Australia, and Russia.
Minister Fernando expressed his satisfaction with the current trajectory and reiterated the government’s commitment to supporting the tourism industry’s growth. “This eclectic mix of nationalities underscores the global popularity of Sri Lanka’s offerings and its ability to cater to a wide range of travel preferences,” he added.
With the winter season on the horizon, industry analysts are optimistic about the prospects of continued growth in the tourism sector. The steady rise in tourist arrivals augurs well for a busy and prosperous winter, boosting local businesses, creating employment opportunities, and bolstering the overall economic landscape.
“As the destination embraces its role as a sought-after travel destination, stakeholders remain focused on ensuring a seamless and memorable experience for visitors, while simultaneously reaping the benefits of a flourishing tourism sector,” Fernando said.
Industry analysts opined the combined efforts of the Government, tourism authorities, and local communities are set to pave the way for a vibrant future in Sri Lanka’s tourism landscape.
Minister Fernando also expressed confidence in achieving the set arrivals target of 2 million by the end of December.

OSL take:
Sri Lanka’s tourism industry is once again among the fastest growing economic sectors in the country after facing the impact of the global pandemic and the economic crisis that followed. The steady growth in tourist arrivals to the country has resulted in the overall expansion in business/investment opportunities in Sri Lanka’s tourism industry. There has been an increase in opportunities especially in the leisure and hospitality sectors. Many international brands have shown interest in entering Sri Lanka’s tourism industry while the businesses already operating in the country are engaged in refurbishments or expansions. Sri Lanka’s tourism industry is on a steady growth path given the exposure received in the international media as a must visit tourist destination and the many promotional campaigns carried out by the tourism authorities in key tourist source markets. Given the growth and business potential in Sri Lanka’s tourism industry, foreign businesses/investors could explore the expanding opportunities in the industry.

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Article Code : VBS/AT/20230824/Z_6

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