Travel and Tourism in Sri Lanka: Key Trends and Opportunities to 2016

The report provides comprehensive and in-depth analysis, information and insights related to tourist flows in Sri Lanka, including:

• Analysis of factors that influence demand in the Sri Lankan travel and tourism industry

• Historic and forecast tourist volumes covering the entire travel and tourism industry in Sri Lanka

• Detailed analysis of domestic, inbound and outbound tourist flows by geographic region and purpose of travel.

Summary

Tourism is one of the important industries for the Sri Lankan economy, contributing over 8% to the country’s GDP every year. Strategically positioned at the crossroads of both western and eastern sea routes, the island nation continues to be a favorite destination when visiting South Asia. The country attracts tourists from across the globe; inbound tourist arrivals in the country reached over 856,000 in 2011. Inbound spending in the country increased from US$750 million in 2007 to US$1.3 billion in 2011, registering a CAGR of 140.6%. Foreign exchange receipts per tourist per day registered an annual growth of 8.4% to reach US$88 in 2010. The Asia-Pacific region and Europe remain the major source regions for inbound tourists in Sri Lanka, together accounting for over 85% of the total inbound visits in the review period. India continues to be the primary source market, accounting for around 20% of inbound traffic, followed by the UK and Germany with over 15% and 5% respectively. Leisure remained the main purpose of travel for inbound tourists in the review period, and accounted for 84.6% of the total visits in 2011.

Scope

This report provides an extensive analysis related to tourism demands and flows in Sri Lanka:

• It details historical values for Sri Lanka's tourism industry for 2007–2011, along with forecast figures for 2012–2016

• It provides comprehensive analysis of the travel and tourism demand factors with values for both the 2007–2011 review period and the 2012–2016 forecast period

• The report makes a detailed analysis and projection of domestic, inbound and outbound tourist flows in Sri Lanka

Reasons To Buy

• Take strategic business decisions using detailed historic and forecast data related to tourist flows in Sri Lanka

• Understand the demand factors within the Sri Lankan travel and tourism industry, along with key market trends and growth opportunities

• Analyze domestic, inbound and outbound tourist flows by geographic region and purpose of visit. Industry Analysis

For more information kindly visit :

Travel and Tourism in Sri Lanka: Key Trends and Opportunities to 2016

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