Tourism in Sri Lanka rebounds as revenue reaches $1.8 billion in 2023

(LANKAPUVATH | COLOMBO) – The Sri Lankan tourism sector has witnessed a remarkable growth in the 11 months of 2023, with cumulative tourist arrivals reaching 1.27 million, generating a revenue of $1.8 billion.

Latest data from the Central Bank of Sri Lanka (CBSL) reveals a substantial 78.3% increase in income generated by tourism from January to November 2023 compared to the same period in 2022.

The data highlights a notable surge in revenue earned from tourism in November 2023, amounting to $205.3 million, more than doubling the figures from November 2022.

Minister of Foreign Affairs Ali Sabry, expressed optimism about a surge in tourist arrivals in 2024, while addressing the parliament, Xinhua reported.

He attributed the rise in tourism to the introduction of more airlines into the country.

Source – CNBCTV18

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