Lanka’s tourist arrivals surpasses expectations: sparks new hope Source:Dailynews Tourist arrivals in Sri Lanka recorded a steady recovery in the first half of 2023 outpacing the targets according to First Capital Research “BRIGHT HORIZONS: NAVIGATING TOURISM’S GROWTH REVIVAL” REPORT. “This recovery was supported mainly by high global vaccination rates, increased air connectivity, along with the lifting of travel restrictions issued by major source countries. Additionally, the significant depreciation of the LKR and tourism promotion campaigns played a pivotal role in positioning Sri Lanka as an attractive and affordable destination for travel. “Given the accelerated pace of this recovery, we have revised up our 2023 year-end target to 1.5Mn arrivals (previous: 1.2Mn), reflecting an anticipated YoY growth of over 100.0%.” ...

Read More →