In early October 2015 the Sri Lanka Tourism Promotions Bureau (SLTPB) announced that the nation planned to make a major investment in cruise tourism, which has been an increasingly important source of visitor arrivals in recent years. The government’s development initiative, known as the Cruise Tourism Marketing Plan, aims to turn the cruise...
Growing brand awareness, combined with investments in infrastructure, will drive development in Myanmar’s tourism industry this year and beyond, with record high inbound traffic forecast for 2016.
With rapidly rising arrivals and revenues in 2014 and 2015, Sri Lanka is currently in the midst of a tourism growth spurt, which has the potential to turn the small South Asian island nation into one of the world’s most popular tourist destinations in the years to come. In 2015 some 1.8m tourists visited the country, according to data from the regulator, the Sri Lanka Tourism Development...
Sri Lanka’s investment environment is set to become more balanced, transparent and predictable, with the elections of 2015 largely heralded as a win for inclusive governance, providing a fresh five-year mandate for an administration committed to economic revolution. As the country looks to broaden its investor base, it is hoped that policy changes and plans brought in by the new government will attract the added investment needed to help the country reach its growth goals.
The cruise tourism segment is showing itself to be increasingly capable of boosting Abu Dhabi’s status as an international destination, while further supporting moves to diversify economic growth beyond the hydrocarbons sector. The emirate is expecting increased arrivals and greater tourist footfall onshore thanks to the decision by top cruise...
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