Business
13 Feb, 2018
Since 2009, Sri Lanka has witnessed far-reaching development when it comes to the hospitality and?travel industry. Consider the fact that there has been a great deal of investment from abroad and here at home with regard to general infrastructure ? think?hotels,?motels,?apartments,?and the development of the informal sector.
To put all of this into raw numbers, the facts speak for themselves; at present, the current room capacity of 3- to 5-star hotels is 5,367 and will increase by a whopping 3,585 by 2021 to total 8,952.?Moreover, by 2020, there will also be an?increase in apartments: a?corollary?of the tourism boom, perhaps.
A realistic but ambitious prediction at this juncture is that Colombo has the?opportunity in?future?to be seen as a?hub for entertainment; with the?ever-burgeoning investment and development of tourism here, this could mean that tourism will be the number one foreign exchange?earner in the near future.?It is at this stage, we should turn our attention to another very important aspect with?regard to this boom in tourism, which is the contribution and investment in in the tourist experience.
Indubitably,?Sri Lanka has many diverse attractions that appeal to a wide spectrum of travellers from across the?world. While we develop and further sustain the natural resources and attractions that are bountiful?from a local standpoint, it is also important to consider expanding?the local?offering?when it comes to the aspect of entertainment.
Commenting on this, Sutheash Balasubramaniam, Managing Director of the Sri Lanka Tourism Promotion Bureau stated, “The current activities in Colombo are limited?to dining and shopping; what may be desirous is to proffer more?discerning entertainment options: this can be a memorable?experience for high-spending tourists with an interest to visit and explore?Sri Lanka.”
With?Sri Lanka Tourism?committing to?achieve 5 million tourists by 2025, the former establishment has ? as part of a long-term plan ? identified strategic measures?for?the implementation of?best practices to ensure that?the local tourism?industry continues to grow in a sustainable manner.?While the government initiates the policy framework,?and?provides?an?advantageous?environment for growth, it is the responsibility of all stakeholders to work towards achieving these goals that will set the pace to bolster Sri Lanka?s tourism offerings.
Embracing this bold plan to cater to an ever-increasing number of tourists with disposable?income?? the focus here is on a growing young Asian middle class with high income ??coming into Sri Lanka. Consider?the?iconic production of The Sound of Music?as an industry?first, especially when it comes to?assisting?national efforts to strengthen and boost the tourism industry.?It must be stated that if?Sri Lanka?s tourism industry is to become a strong economic driver by 2025,?it is mandatory that?the private and public sector collaborate?in order?to achieve the desired results.
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