June 4, 2023
1 min read

Lanka tourism is bouncing back

This impressive increase occurred despite the fact that May is considered an off-peak month for tourist arrivals…reports Asian Lite News

Sri Lanka’s estimated tourism revenue in May saw a remarkable growth of over 200 per cent year-on-year, reaching $131.5 million, according to the latest data from the country’s central bank.

This impressive increase occurred despite the fact that May is considered an off-peak month for tourist arrivals, Sri Lanka Tourism Development Authority (SLTDA) Chairman Priantha Fernando told the media on Saturday.

The estimated revenue from tourism in May 2022 was $43.5 million, data showed.

For the first five months of 2023, the tourism revenue totaled $827.8 million, marking a substantial increase of 30.4 per cent compared to the same period of last year when it stood at $634.6 million, according to the official data.

Data also showed 524,486 foreign visitors arrived in Sri Lanka in the first five months of this year, surpassing 378,521 arrivals recorded a year earlier, Xinhua news agency reported.

Tourism, one of Sri Lanka’s leading foreign exchange earners, suffered a setback due to the Covid-19 pandemic and economic and political crises in the South Asian country.

ALSO READ: India, Lanka sign pact to procure $1b credit facility

Previous Story

Erdogan vows new constitution

Next Story

Sikhs may no longer have to wear bike helmets in California

Latest from -Top News

Vatican Hosts Final Rites for Pope Francis

The Argentine-born pontiff, the first from Latin America, died less than a month after returning home from a prolonged five-week hospitalisation for double pneumonia….reports Asian Lite News In an outpouring of global

US Backs India’s Hunt for Pahalgam Terrorists

Gabbard’s “hunt down” message comes amidst escalating Indian response to the terrorist attack, saying it had clear “cross-border” links to Pakistan….reports Asian Lite News Tulsi Gabbard, Director of National Intelligence (DNI), on

Border Sealed, Hopes on Hold

A Hindu family from Balochistan’s Sibi was reportedly denied entry into India after the closure of border crossing….reports Asian Lite News Pakistan and India’s decision to shut down the Wagah-Attari border crossing

West visits Cambodia to strengthen ties 

The visit also addresses shared security concerns, including combating serious organised crime and human trafficking, and future defence cooperation initiatives  The UK and Cambodia are collaborating to advance climate initiatives and promote
Go toTop

Don't Miss

Lanka’s economy shrinks 8.4% in Q2

Sri Lanka has been facing an unprecedented economic crisis since

China offers free fuel to farmers, fishermen in Sri Lanka

China also wants to facilitate the export of the species