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Tourism Revenues in Sri Lanka increased to 186.10 USD Million in October from 182.90 USD Million in September of 2025. This dataset provides - Sri Lanka Tourism Revenues- actual values, historical data, forecast, chart, statistics, economic calendar and news.
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Key information about Sri Lanka Tourism Revenue Growth
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Tourist Arrivals in Sri Lanka decreased to 158971 in September from 198235 in August of 2025. This dataset provides - Sri Lanka Tourist Arrivals - actual values, historical data, forecast, chart, statistics, economic calendar and news.
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Key information about Sri Lanka Visitor Arrivals
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Thailand Tourism Revenue: Sri Lanka data was reported at 2,779.520 THB mn in 2017. This records a decrease from the previous number of 2,873.650 THB mn for 2016. Thailand Tourism Revenue: Sri Lanka data is updated yearly, averaging 1,285.445 THB mn from Dec 1998 (Median) to 2017, with 20 observations. The data reached an all-time high of 2,873.650 THB mn in 2016 and a record low of 761.640 THB mn in 2002. Thailand Tourism Revenue: Sri Lanka data remains active status in CEIC and is reported by Department of Tourism. The data is categorized under Global Database’s Thailand – Table TH.Q011: Tourism Revenue (Annual).
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In 2005, 549,308 national and international visitors arrivals were counted in Sri Lanka. Last month (12/2005), 51,171 visitors arrived in Sri Lanka. More data (incl. daily average of tourist arrivals), monthly/annual visitors arrivals Sri Lanka until 2000. Tourism Statistics (visitor arrivals, continents, origin, purpose etc. as well as tourism revenue) with interactive charts incl. download. Dashboard, Data, KPIs & more .. ITOMA.IO - The IT & Tourism Experts
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Demand for hiking & trekking tourism in Sri Lanka is estimated to grow at 7.2% CAGR during the assessment period. In 2023, Sri Lanka's hiking & trekking tourism revenue totaled US$ 779.4 million. Total valuation in the country is set to reach US$ 834.7 million in 2024 and US$ 1,673.0 million by 2034.
| Attributes | Key Insights |
|---|---|
| Base Value (2023) | US$ 779.4 million |
| Estimated Sri Lanka Hiking & Trekking Tourism Business Size (2024) | US$ 834.7 million |
| Projected Sri Lanka Hiking & Trekking Tourism Revenue (2034) | US$ 1,673.0 million |
| Value-based CAGR (2024 to 2034) | 7.2% |
Historical Performance vs Sri Lanka Hiking & Trekking Tourism Industry Outlook
| Historical CAGR (2019 to 2023) | -4.9% |
|---|---|
| Forecast CAGR (2024 to 2034) | 7.2% |
Category-wise Insights
| Age Group | 26 to 35 Years |
|---|---|
| Value CAGR | 6.5% |
| Group Composition | Solo |
|---|---|
| Value CAGR | 8.4% |
| Tour Type | Tour Guide |
|---|---|
| Value CAGR | 6.9% |
Scope of Report
| Attribute | Details |
|---|---|
| Estimated Business Value (2023) | US$ 834.7 million |
| Projected Business Value (2033) | US$ 1,673.0 million |
| Anticipated Growth Rate (2023 to 2033) | 7.2% |
| Forecast Period | 2024 to 2034 |
| Historical Data Available for | 2019 to 2023 |
| Industry Analysis | US$ million/billion for Value |
| Key Segments Covered |
|
| Key Companies Profiled |
|
| Report Coverage | Demand Forecast, Company Share Analysis, Competition Intelligence, DROT Analysis, Dynamics and Challenges, and Strategic Growth Initiatives |
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Sri Lanka Tourism Contribution: GDP data was reported at 2.500 % in 2023. This records an increase from the previous number of 0.800 % for 2020. Sri Lanka Tourism Contribution: GDP data is updated yearly, averaging 3.400 % from Dec 2018 (Median) to 2023, with 4 observations. The data reached an all-time high of 4.900 % in 2018 and a record low of 0.800 % in 2020. Sri Lanka Tourism Contribution: GDP data remains active status in CEIC and is reported by Sri Lanka Tourism Development Authority. The data is categorized under Global Database’s Sri Lanka – Table LK.Q007: Tourism Receipts.
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The Sri Lankan hospitality industry, valued at $470.76 million in 2025, is projected to experience robust growth, driven by a Compound Annual Growth Rate (CAGR) of 6.89% from 2025 to 2033. This expansion is fueled by several key factors. Firstly, increasing tourist arrivals, particularly from India and other Asian countries, significantly boost demand for diverse accommodation options. Secondly, strategic investments in infrastructure development, including improved airport facilities and transportation networks, enhance accessibility and attract more visitors. The industry's segmentation, encompassing chain hotels like Shangri-La and Marriott, independent hotels, service apartments, budget to luxury options, caters to a wide range of traveler preferences. While the current economic climate presents some challenges, ongoing government initiatives to promote tourism and the inherent appeal of Sri Lanka's natural beauty and cultural richness contribute positively to long-term growth. Competitive pricing strategies by established players and emerging boutique hotels further fuel market dynamism. The success of the Sri Lankan hospitality sector hinges on effectively managing several factors. Maintaining high standards of service and safety is crucial to attract and retain tourists. Sustainable tourism practices are becoming increasingly important to minimize environmental impact and ensure long-term viability. The industry must adapt to evolving traveler expectations, embracing technology and offering personalized experiences. Effective workforce training and development are essential to meet the demands of a growing and increasingly sophisticated customer base. Furthermore, collaborative efforts between the government, private sector, and local communities are needed to foster sustainable and equitable growth that benefits all stakeholders. Addressing potential challenges such as infrastructure limitations in certain areas and managing seasonality are also key to achieving the projected growth trajectory. Recent developments include: February 2024: Marriott International reinforced its commitment to South Asia. The company expanded its development pipeline by over 4,600 rooms through 28 hotel deals signed in 2023, building on agreements made since 2020. Marriott's South Asian market includes India, Nepal, Bhutan, Bangladesh, Sri Lanka, and the Maldives.January 2023: Courtyard by Marriott Colombo debuted in Sri Lanka. Located 1.7 km from Galle Face Beach, the hotel offers amenities, including an outdoor swimming pool, free private parking, a fitness center, and a terrace. The property also features a bar and a restaurant serving Chinese cuisine.. Key drivers for this market are: Rise in the Tourism Industry, Increase in the Number of Hotel Projects and Investments. Potential restraints include: Rise in the Tourism Industry, Increase in the Number of Hotel Projects and Investments. Notable trends are: Expansion of the Sri Lankan Aviation Industry is Driving Economic Growth.
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The Sri Lanka Hospitality Market Report is Segmented by Type (Chain Hotels, Independent Hotels), Accommodation Class (Luxury, Mid & Upper-Mid-Scale, and Other), Booking Channel (Direct Digital, Otas, Corporate/MICE, Wholesale & Traditional Agents), and Geography (Colombo & Western Province, Southern Coast, Central & Hill Country, and Other Regions). The Market Forecasts are Provided in Terms of Value (USD).
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TwitterIn 2024, the number of international tourist arrivals reached over *** million, showing significant recovery. The Asia-Pacific region has demonstrated itself to be a firm favorite for international travelers, with over *** million international tourist arrivals in 2019. However, due to the global pandemic and border closures, the international arrivals in the Asia-Pacific region plummeted to under ** million in 2020, and further down to ** million in 2021. The number of tourist arrivals started recovering in 2023. International tourism Although Europe remains a leading destination for many travelers, the Asia-Pacific region is steadily becoming more attractive for prospective holiday-goers. The tourism industry is booming, prevalent in the huge contributions the industry has made to many Asia-Pacific countries’ GDPs. Not only does China lead in GDP contributions from travel and tourism, but it has displayed its immense popularity among travelers. International tourist arrivals in China reached over *** million before the COVID-19 pandemic and is slowly recovering to pre-pandemic levels. Tourism in the Asia-Pacific region The tourism industry remains vital for many of the unique economies throughout the Asia-Pacific region. Thus, countries across the region have set up initiatives to entice both domestic and international tourists. These initiatives include implementing a higher availability of flights and the establishment of more tour packages and possibilities in different destinations. Countries, such as India and Sri Lanka, have also made visa attainment easier and have even offered visa-free facilities, likely to encourage more international visitation. These initiatives appear to have been successful, as several Asia-Pacific cities unsurprisingly made the ranking for the best-rated city destinations worldwide.
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The size of the Hospitality Industry In Sri Lanka market was valued at USD XX Million in 2023 and is projected to reach USD XXX Million by 2032, with an expected CAGR of 7.50">> 7.50% during the forecast period. Recent developments include: Apr 2023: Hailing from the idyllic shores and boundless horizon of the Indian Ocean, Cinnamon Hotels & Resorts is set to offer Middle Eastern and international travelers the best of Sri Lanka as they debut at Arabian Travel Market 2023., Jan 2023: Courtyard by Marriott Colombo opened a luxury Hotel situated in Colombo, 1.7 km from Galle Face Beach, which features accommodation with an outdoor swimming pool, free private parking, a fitness center, and a terrace. The property has a bar, as well as a restaurant serving Chinese cuisine.. Key drivers for this market are: Rise in the Tourism industry, Increase in the Number of Hotel Projects and Investments. Potential restraints include: Sustainability and Competition Threaten Industry Success. Notable trends are: Increase in the Number of SLTDA Registered Accommodation is Driving the Market.
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Os dados de Receita do Turismo: Variação Anual do Sri Lanka foram registrados em 53.2 % em 2024. Este registro de uma queda com relação aos números anteriores de 82.0 % em 2023. Os dados de Receita do Turismo: Variação Anual do Sri Lanka são atualizados anualmente, com uma média de 31.2 % em 1967 até 2024, com 58 observações. Os dados alcançaram um alto recorde de 47.1 % em 2024 e um baixo recorde de 17.2 % em 1950. Os dados de Receita do Turismo: Variação Anual do Sri Lanka permanecem com status ativo na CEIC e são reportados pela fonte: CEIC Data. Os dados são classificados sob o World Trend Plus’ Global Economic Monitor – Table: Tourism Revenue: Y-o-Y Growth: Annual.
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Sri Lanka export data: Explore the thriving economy of this South Asian island focusing on agriculture, textiles, tourism, and IT exports!
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TwitterThe Management Practices Survey was conducted in Sri Lanka by the World Bank between June and November 2011. The survey was administered to a representative sample of firms in the non-agricultural formal private economy. Data from 836 establishments in services, manufacturing, ICT manufacturing and services, hospitality and health sectors was analyzed.
The objective of the survey was to obtain feedback from enterprises on the state of the private sector in Sri Lanka. The topics included infrastructure, sales and supplies, finance, regulations, business-government relations, corruption, informality, use of information and communications technology, labor, perceptions about obstacles to doing business, and operational practices in product and process innovation and management. Health care providers and tourism firms were also asked industry specific questions.
Three survey instruments were used in the research. Management Practices across Sectors Questionnaire was administered to manufacturing and services firms, Health Sector Questionnaire was used for private health providers, and hospitality firms were interviewed with the help of Tourism Sector Questionnaire.
This study was carried out simultaneously with Sri Lanka Enterprise Survey, also an initiative of the World Bank. The Management Practices Survey and Enterprise Surveys have similar sampling and implementation techniques, and for some topics - corresponding questions.
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The primary sampling unit of the study is the establishment. An establishment is a physical location where business is carried out and where industrial operations take place or services are provided. A firm may be composed of one or more establishments. For example, a brewery may have several bottling plants and several establishments for distribution. For the purposes of this survey an establishment must make its own financial decisions and have its own financial statements separate from those of the firm. An establishment must also have its own management and control over its payroll.
The whole population, or universe of the study, is the non-agricultural economy. It comprises: all manufacturing sectors according to the group classification of ISIC Revision 3.1: (group D), construction sector (group F), services sector (groups G and H), and transport, storage, and communications sector (group I). Note that this definition excludes the following sectors: financial intermediation (group J), real estate and renting activities (group K, except sub-sector 72, IT, which was added to the population under study), and all public or utilities-sectors. The universe also included private health care providers.
Sample survey data [ssd]
The sample for Sri Lanka was selected using stratified random sampling. Three levels of stratification were used: industry, establishment size, and region.
For industry stratification, the universe was divided into three manufacturing sectors, two services industries, and two residual sectors. Each industry had a target of 120 interviews, while the residual sectors had a target of 100 interviews each.
Size stratification was defined the following way: small (5 to 19 employees), medium (20 to 99 employees), and large (more than 99 employees). For stratification purposes, the number of employees was defined on the basis of reported permanent full-time workers. Size stratification was not possible in the ICT manufacturing and services, health, and tourism sectors as the lists used did not contain size information.
Regional stratification was defined by nine regions: Eastern, Western, Southern, Central, Northern, North-Central, North-West, Uva, Sabaragamuwa.
Several sampling frames were used in the survey. The first sample frame was obtained from the Department of Census and Statistics (DCS) of Sri Lanka, the information was from 2003. Additional lists were used to supplement the DCS frame for the IT, health and tourism sectors. These lists were from: - ICT/Computer Association; - Federation of Information Technology Industry Sri Lanka; - Sri Lanka Association of Software and Service Companies; - Sri Lanka Tourism Promotion Bureau; - Local Chamber of Commerce/Trade Associations.
The quality of the frame was assessed at the onset of the project through calls to a random subset of firms, and local contractor knowledge. The sample frame was not immune from the typical problems found in establishment surveys: positive rates of non-eligibility, repetition, non-existent units, etc. Due to response rate and ineligibility issues, additional sample had to be extracted by Department of Census and Statistics of Sri Lanka and the World Bank in order to obtain enough eligible contacts and meet the sample targets.
Given the impact that non-eligible units included in the sample universe may have on the results, adjustments may be needed when computing the appropriate weights for individual observations. The percentage of confirmed non-eligible units as a proportion of the total number of sampled establishments contacted for the survey was 54% (860 out of 1593 establishments).
Breaking down by industry, the following numbers of establishments were surveyed: food - 121, light manufacturing - 125, ICT manufacturing and services - 106, other manufacturing - 116, private healthcare services - 120, tourism related services - 124, and other services - 124.
Face-to-face [f2f]
The following survey instruments are available: - Management Practices across Sectors Questionnaire; - Tourism Sector Questionnaire; - Health Sector Questionnaire; - Screener Questionnaire.
Management Practices across Sectors Questionnaire is a core questionnaire. It is based on the Enterprise Surveys questionnaire, but adds some specific questions relevant to management practices. Tourism Sector Questionnaire adds to the core specific questions relevant to the tourism industry. Similarly, Health Sector Questionnaire contains many of the core items from the first questionnaire, but is custom tailored to the technology and services present in the health sector.
Data entry and quality controls are implemented by the contractor and data is delivered to the World Bank in batches (typically 10%, 50% and 100%). These data deliveries are checked for logical consistency, out of range values, skip patterns, and duplicate entries. Problems are flagged by the World Bank and corrected by the implementing contractor through data checks, callbacks, and revisiting establishments.
The number of contacted establishments per realized interview was 1.39. This number is the result of two factors: explicit refusals to participate in the survey, as reflected by the rate of rejection (which includes rejections of the screener and the main survey) and the quality of the sample frame, as represented by the presence of ineligible units. The number of rejections per contact was 0.287.
Item non-response was addressed by two strategies: a- For sensitive questions that may generate negative reactions from the respondent, such as corruption or tax evasion, enumerators were instructed to collect the refusal to respond as a different option from don’t know. b- Establishments with incomplete information were re-contacted in order to complete this information, whenever necessary.
Survey non-response was addressed by maximizing efforts to contact establishments that were initially selected for interview. Attempts were made to contact the establishment for interview at different times/days of the week before a replacement establishment (with similar strata characteristics) was suggested for interview. Survey non-response did occur but substitutions were made in order to potentially achieve strata-specific goals.
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Pendapatan Pariwisata (Perubahan y-o-y) Sri-Lanka dilaporkan sebesar 53.2 % pada 2024. Rekor ini turun dibanding sebelumnya yaitu 82.0 % untuk 2023. Data Pendapatan Pariwisata (Perubahan y-o-y) Sri-Lanka diperbarui tahunan, dengan rata-rata 18.8 % dari 1967 sampai 2024, dengan 58 observasi. Data ini mencapai angka tertinggi sebesar 124.2 % pada 2022 dan rekor terendah sebesar -81.1 % pada 2020. Data Pendapatan Pariwisata (Perubahan y-o-y) Sri-Lanka tetap berstatus aktif di CEIC dan dilaporkan oleh CEIC Data. Data dikategorikan dalam Global Economic Monitor World Trend Plus – Table: Tourism Revenue: Y-o-Y Growth: Annual.
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Pendapatan Pariwisata Sri-Lanka dilaporkan sebesar 3 USD bn pada 2024. Rekor ini naik dibanding sebelumnya yaitu 2 USD bn untuk 2023. Data Pendapatan Pariwisata Sri-Lanka diperbarui tahunan, dengan rata-rata 0 USD mn dari 1966 sampai 2024, dengan 59 observasi. Data Pendapatan Pariwisata Sri-Lanka tetap berstatus aktif di CEIC dan dilaporkan oleh CEIC Data. Data dikategorikan dalam Global Economic Monitor World Trend Plus – Table: Tourism Revenue: Annual.
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Os dados de Receita do Turismo do Sri Lanka foram registrados em 3 USD bn em 2024. Este é um registro de um aumento com relação aos números anteriores de 2 USD bn em 2023. Os dados de Receita do Turismo do Sri Lanka são atualizados anualmente, com uma média de 211 USD mn em 1966 até 2024, com 59 observações. Os dados alcançaram um alto recorde de 4 USD bn em 2018 e um baixo recorde de 1 USD mn em 1967. Os dados de Receita do Turismo do Sri Lanka permanecem com status ativo na CEIC e são reportados pela fonte: CEIC Data. Os dados são classificados sob o World Trend Plus’ Global Economic Monitor – Table: Tourism Revenue: Annual.
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Sri-Lankas Tourismuseinnahmen: Veränderung im Jahresvergleich belief sich im 2024 auf 53.2 %. Dies stellt einen Rückgang im Vergleich zu den vorherigen Zahlen von 82.0 % für 2023 dar. Sri-Lankas Tourismuseinnahmen: Veränderung im Jahresvergleich werden jährlich aktualisiert, mit einem Durchschnitt von 31.2 % von 1967 bis 2024, mit 58 Beobachtungen. Die Daten erreichten ein Allzeithoch in Höhe von 47.1 % im 2024 und ein Rekordtief in Höhe von 17.2 % im 1950. Sri-Lankas Tourismuseinnahmen: Veränderung im Jahresvergleich Daten behalten den Aktiv-Status in CEIC und werden von CEIC Data gemeldet. Die Daten werden unter World Trend Pluss Global Economic Monitor – Table: Tourism Revenue: Y-o-Y Growth: Annual kategorisiert.
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Sri Lanka Employment: Hotels: Direct: TS: National Tourist Organisation data was reported at 272.000 Person in 2017. This records an increase from the previous number of 257.000 Person for 2016. Sri Lanka Employment: Hotels: Direct: TS: National Tourist Organisation data is updated yearly, averaging 128.000 Person from Dec 2001 (Median) to 2017, with 17 observations. The data reached an all-time high of 272.000 Person in 2017 and a record low of 94.000 Person in 2004. Sri Lanka Employment: Hotels: Direct: TS: National Tourist Organisation data remains active status in CEIC and is reported by Sri Lanka Tourism Development Authority. The data is categorized under Global Database’s Sri Lanka – Table LK.G025: Employment in Hotel Industry.
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Tourism Revenues in Sri Lanka increased to 186.10 USD Million in October from 182.90 USD Million in September of 2025. This dataset provides - Sri Lanka Tourism Revenues- actual values, historical data, forecast, chart, statistics, economic calendar and news.