Sri Lanka set to lose US $1.5 billion in tourism revenue after Easter attacks

by Sutharshan
Apr 25, 2019
<p>Sri Lanka is set to lose at least US $1.5 billion in tourism revenue following the devastating Easter Sunday attacks, warned The Hotels Association of Sri Lanka (THASL).</p> <p>“This is the first ever time the terrorists have targeted and attacked tourists, particularly hotels. From the immediate reactions, we are estimating that there will be a massive loss of $1.5 billion in tourism earnings this year,"&nbsp; the president of the association Santh Ukwatte told the&nbsp;<a href="http://www.ft.lk/front-page/Tourist-hotels-fear----1-5-b-revenue-loss-f…">Daily FT</a>.&nbsp;</p> <p>As a result of the attacks, Ulwatte called on the government to support employees that would potentially lose jobs.</p> <p>“Considering this devastating situation to the industry, we request the government to step in and help the hoteliers with monetary concessions to maintain the livelihood of thousands of our employees,” he added.</p> <p>The Daily FT reports&nbsp;that Sri Lanka received $4.4 billion of revenue from tourism, making the industry the island's 3rd largest foreign exchange earner.</p>

Add new comment

About text formats

Plain text

  • No HTML tags allowed.
  • Lines and paragraphs break automatically.
  • Web page addresses and email addresses turn into links automatically.
  • Global and entity tokens are replaced with their values. Browse available tokens.

Restricted HTML

  • You can align images (data-align="center"), but also videos, blockquotes, and so on.
  • You can caption images (data-caption="Text"), but also videos, blockquotes, and so on.
  • Global and entity tokens are replaced with their values. Browse available tokens.
  • You can embed media items (using the <drupal-media> tag).

We need your support

Sri Lanka is one of the most dangerous places in the world to be a journalist. Tamil journalists are particularly at threat, with at least 41 media workers known to have been killed by the Sri Lankan state or its paramilitaries during and after the armed conflict.

Despite the risks, our team on the ground remain committed to providing detailed and accurate reporting of developments in the Tamil homeland, across the island and around the world, as well as providing expert analysis and insight from the Tamil point of view

We need your support in keeping our journalism going. Support our work today.

link button