The tourism industry would first seek to reopen restaurants before fully reopening the sector, The Morning learnt. It is revealed that the Sri Lanka Tourism Development Authority (SLTDA) has requested the Covid-19 Presidential Task Force to seek approval of the health authorities to open restaurants once again. “I requested thatContinue Reading

Fitch Ratings has downgraded the rating on SriLankan Airlines Limited’s (SLA) USD175 million government-guaranteed 7% unsecured bonds due 25 June 2024 to ‘B-‘, from ‘B’. KEY RATING DRIVERS The rating action follows the downgrade of Sri Lanka’s Long-Term Foreign- and Local Currency Issuer Default Ratings to ‘B-‘, from ‘B’, withContinue Reading

Sri Lanka Tourism is in the process of gathering details of all tourists, businessmen and expatriates engaged in the tourism industry of Sri Lanka in the outbreak of COVID-19 Pandemic in the country. According to immigration data, there are 11,389 tourists in the country as of 4th May and Sri LankaContinue Reading

<header class=”inner-content”>As a further cost cutting measure, largely grounded SriLankan Airlines has sent 400 contract staff on three months no-pay leave till July. Among the contract staff include 21 from flight operations and 288 airport and ground services staff and 43 from cabin services and engineering. The Group employs overContinue Reading

The number of international tourist arrivals to Sri Lanka declined for the twelfth straight month in March 2020 by 70.8 percent in comparison to a year ago as the tourism industry is hit hard by the coronavirus outbreak. The total number of international tourist arrivals to Sri Lanka up toContinue Reading

 Sri Lanka’ cabinet of ministers had cleared a global promotion plan proposed by the tourism promotion office with no modifications but it may be changed to suit post-Covid needs of the country, a top official said. “The cabinet gave the approval for the global promotion campaign,: Chairperson of Sri LankaContinue Reading

Advocata Institute is hosting a panel discussion with tourism industry leaders, Kimarli Fernando (Chairperson, Sri Lanka Tourism), Vipula Gunatilleka (CEO, SriLankan Airlines), Sanath Ukwatte (Chairman, Sri Lanka Hotel Association), Mahen Kariyawasam (President, Sri Lanka Inbound Travel Operators); moderated by Murtaza Jafferjee (Chair, Advocata Institute) on the impact of COVID-19 onContinue Reading