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Sri Lanka tourist arrivals retreat from October peak

Dec 03, 2014 (EconomyNext) – Sri Lanka’s tourist arrivals in November 2014 rose 9.4 percent from a year earlier to 119,727 but lost momentum from October’s 121,576, despite gains from China, official data showed.

Chinese arrivals rose 125 percent to 10,878 but also steam from October’s 11,894.

China which became the second largest tourist generator in October pushing Britain to third place for the first time, retreated back to third place in November.

Key tourist areas in the South West coast has seen slack visitor with election fever hotting up and with generating countries like Ukraine which was hit by war, seeing sharp downturns, hoteliers say.

Sri Lanka has called Presidential polls in January.

Arrivals from India dropped 02 percent to 19,796 in November 2014 from a year earlier, after climbing to 26,148 in October.

Visitors from Western Europe were up 12.8 percent to 35,915 with Britain up 11 percent to 10,730. Germany was up 17 percent to 9.049 and France was up 9 percent to 5,448.

East European arrivals dropped 4.9 percent to 15,850 with visitors from Ukraine plunging 42 percent to 2,654. Arrivals from Russia also dropped 3.9 percent to 7,282, amid a war between the two countries.

The Russian economy is expected to get hit as oil prices fall with the US ending its deadly money printing operations. Federal Reserve money printing which weakened the US dollars fired a boom in commodities and precious metals.

In the 12 months to November, arrivals from Western Europe was up 13.7 percent to 423,130. Arrivals from South Asia was up 13.2 percent to 325,210 with India, the largest generating market up 16.3 percent to 216,581.
 

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