Analysing Sri Lanka's Property market, investment options and latest property news in Sri Lanka
Monday, 5 November 2012
Tourists seek cheaper accommodation
Tourists, this winter season are looking for low-priced accommodation, a development that has affected hotels and resorts with the season not attracting travellers to today’s “expensive” hotels. More visitors are arriving and the target of one million arrivals would be achieved but they find star-class hotels too expensive since the war ended with prices increasing since 2009.
Reasons for the sudden shift in tourist preferences were also blamed on the recession in Europe and increased regional competition. Jayantissa Kehelpannala, Sector Head Sri Lankan Resorts of the John Keells Hotels Group and newly appointed Hotels Association President, speaking to the Business Times admitted there was a drop in bookings but remained cautiously optimistic that nothing could be predicted today since last-minute reservations were observed lately in the winter season. As at now “there is a drop but I emphasise the booking patterns have changed drastically,” he said.