Tourism industry in the country and its impact on people and wealth Introduction Introduction to Sri Lanka and its economy Sri Lanka, known as the Pearl of the Indian Ocean is officially called the Democratic Socialist Republic of Sri Lanka. After gaining independence from the British in 1948 the country continues to attract foreign investors and tourists to the island. The country boasts a proud heritage of over 3000 years from the Anuradhapura period to Polonaruwa period. At present, it is one
GLOBAL TOURISM AND HOSPITALITY INDUSTRY Tourism and Hospitality is one of the world’s fastest growing industries and the main source of foreign exchange earnings. It’s an important part of the most developing country’s economy. The global hospitality and tourism is including lodging, attractive places, cultural activities, travel and tour, food and beverage. And it is always the best industry to earn a biggest income for the investors. It has been creating 212 million jobs. And the official
most of third world countries in world have opened their doors for international tourism, not only as a mean of economic and social development, but also as a part of their globalization policies (Guruge, 2009). Since the Second World War most of the third world countries have developed a keen interest in developing tourism with the hope of earning foreign exchange (Guruge, 2009). The concept of international tourism was emerged in developing countries during the 1960s as a solution for some of macroeconomic
1. Sri Lanka is a small Island that richest of Eco-resources which is having fabulous places, coast lines, and mountains, views, jungle and animal’s .It was a prominent destinations for the tourist for Centauries that made the tradition and culture in Sri Lanka through those travelers and tourists. The tourism of Sri Lanka was gradually increased till mid 1980s and the impact of ethnic conflict rapidly decrees the popularity towards Sri Lanka and it made law income from tourism. After the Elam war
About Sri Lanka tourism The History of Sri Lanka has continued around more than 2,550 years. Sri Lanka has many different names, however, Buddhism was introduced from the third century. The kingdoms of Sri Lanka includes Yapahuwa, Dambadeniyam, Kandy, Jaffna Kingdoms, and Gampola. As a tourism industry, Sri Lanka is now growing. Sri Lanka has many beautiful hotels resorts, spas, that attract many foreign investors and tourists to visit this island. Many visitors are attracted because of its cultural
Introduction Tourism is travel for recreation, leisure, religious, family or business purpose. Usually for a limited duration Tourism is commonly associated with international travel but may also refer to travel to another place within the some country. As seasons changed and animals migrated people traveled geographical areas. These early travelers moved on foot they were limited to quite small by nature are interested. Travelers are climbing a mountain and crossing rivers to satisfy their own.
CHAPTER TWO LITERATURE REIEW Tourism is a fast growing industry that highly contributes to Gross Domestic Product in Sri Lanka than other industries. In line with that statement a researcher, Yamakawa in 2007, has declared in his research that the tourism was until recently one of the fastest?growing industries in the world, contributing considerably to the economies of both developing and developed countries. Tourism is a sector that can play an important role, not just in increasing gross domestic
Tourism is and remains a growth sector but is nevertheless influenced by the macro-economic environment. Tangerine group of hotels was established in the year ………… and has successfully remained in this challenging sector despite all of the shortcomings and the unfavourable global market conditions, it has managed to remain profitable, by recording a pre-tax profit of …………………… million in the year 2012/2013. Though a difficult road ahead, we believe that the Asian economies with relatively better fundamentals
Things I like and don 't like about Sri Lanka Keywords - 1. Rent a car Sri Lanka 2. Tour operators in Sri Lanka Include - Sri Lanka is an island located at the southern coast of India and surrounded by Indian Ocean, Gulf of Mannar and Palk Straits. The natural beauty of Sri Lanka is unparallel. This little exotic country bequeath enchanting landscapes, pleasant weather, ancient cities, booming Ayurveda wellness industry, safari, and wonderful people. There are many more for the tourists to discover
Fascinating Places for tourism in Sri Lanka Sri Lanka passes by a significant number of names all through its recorded past. Till just as of late, the tropical isle country was formally named as the Dominion of Ceylon. The old Arabs once called it Serendip, and in spite of the fact that the name didn 't get on entirely well, it has in any case produced a to a great degree pleasurable English word - good fortune, authored by Horace Walpole through the title of a story, "The Three Princes of Serendip"