Hospitality industry injects US$ 150 mn to spruce up properties and re-open unused rooms, as Sri Lanka rolls out the carpet to greet 570,000 tourists
L to R: Samantha Ranatunga, Chairman, HVA Foods PLC; Jan Müggenburg, Chief Executive Officer, Müggenburg Group; Graham Stork, Chief Executive Officer, HVA Foods PLC; Sarva Ameresekere, Group Chairman, George Steuart & Co. Ltd.
Local hoteliers are injecting over US$ 150 mn to spruce up 10,000 unused hotel rooms, as the tourist industry kits up to greet a record 570,000 visitors this season, following 2½ years of ceasefire.
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Local hoteliers are injecting over US$ 150 mn to spruce up 10,000 unused hotel rooms, as the tourist industry kits up to greet a record 570,000 visitors this season, following 2½ years of ceasefire.
Foreign hotel chains Sheraton
and Hyatt are also jostling for space to put up hotels, in an industry that is
under pressure from a room crunch.
Cutting Costs
Travel agents
are under pressure from airlines to replace commissions on ticket sales with
a service charge on travelers.
