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

‘Over 2.5 mn Afghan girls denied education’

Next Story

Sikhs may no longer have to wear bike helmets in California

Latest from -Top News

Munir-Trump Talks Last Over Two Hours

Reports suggest that the US Secretary of State Marco Rubio and US Special Representative for Middle Eastern Affairs Steve Witkoff also took part in the meeting…reports Asian Lite News Pakistan’s Army Chief

Pakistan’s Federal Budget Draws Flak

HRCP Secretary-General Harris Khalique expressed disappointment with the Pakistani Finance Minister’s failure to raise the minimum wage…reports Asian Lite News The Human Rights Commission of Pakistan (HRCP) has severely criticised country’s federal

Ax-4 Launch Delayed Again

A new date to be announced in the coming days….reports Asian Lite News The launch of Axiom Mission 4 (Ax-4), the fourth private astronaut flight to the International Space Station (ISS), has

Trump to Weigh Iran Action Soon

Trump approved attack plans on Iran on Tuesday night, but held off making a final decision…reports Asian Lite News US President Donald Trump will make a decision on whether he will order

Yunus Govt Faces Heat Over ‘Black Law’

The protest led by the Bangladesh Secretariat Officers and Employees Unity Forum threatened to intensify their actions if the demands were not addressed…reports Asian Lite News Several officials and employees at Bangladesh’s
Go toTop

Don't Miss

Lanka to hold debt restructuring talks with creditors

Faced with the severe financial crisis which led to the

Cabinet overhaul begins in Lanka

More ministers will be sworn into the cabinet in the