Tuesday, 14 May 2024 10:47

Tourism earnings strengthen further despite March low levels Featured

Earnings from tourism displayed continued strengthening despite some softening from March. Arrivals eased last month but the momentum persists, projecting robust earnings from the trade which once saw a prolonged decline due to repeated crises from 2019 onwards through 2022.

The tourism trade generated earnings of US$ 225.7 million April, down from US$ 338.4 million, but up from US$ 148.2 million a year ago.

Arrivals softened somewhat in April to 148,867 from 209,181 in March which contributed to the pullback in April.

Tourist arrivals and its earnings to Sri Lanka have been on a tear as the island nation was anyway a preferred leading destination for travel by the global travellers.

 

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