Tourism and Leisure
Following the restoration of peace & stability in 2009, the Sri Lankan tourism industry has experienced a boom, both in tourist arrivals, and in revenue earned. Tourist arrivals numbered 2.3mn in 2018, with revenue of US$4.3bn being earned. This is projected to double to 4mn and US$7.0 respectively by 2020. The sector provides employment to almost 400,000 workers, and this is expected to grow with the attraction of Foreign Direct Investment (FDI) through the Board of Investment (BOI), which has led to the establishment of international brands such as the Shangri-La Group (Hong Kong/ Singapore), the ITC Group (India), Movenpick Hotels & Resort Management (Switzerland), and Marriott International.
Sri Lanka has received international acclaim and recognition as a premier tourist destination, being ranked as the top country for travel in 2019 by Lonely Planet. Likewise, it was selected as the world’s best island to travel in 2019 by the ‘Travel and Leisure’ website, and in 2017 was ranked by Bloomberg as one of the 20 ‘hottest luxury tourism destinations.’
More Information
Visit the following sites for more information:
Contact Details
Board of Investment, Sri Lanka
General Contact Information
Sri Lanka Export Development Board
General Contact Information