5 March 2024 05:35 am
Tourism in Sri Lanka is on a high growth trajectory following a boost in the country’s potential as a must-visit destination.
Visa free travel for tourists from China, India, Indonesia, Russia, Thailand, Malaysia and Japan has provided the right nudge for tourists to put Sri Lanka on the top of their travel bucket list.
Nationals from these countries planning to visit Sri Lanka need to apply for Electronic Travel Authorization (ETA) before arriving, subject to granting of visa free of charge.
The scheme is valid until March 2024 while the visa is valid for 30 days, permitting double entry from the date of initial arrival to Sri Lanka. However, industry sources believe that the boost in tourist arrivals may encourage the visa free travel scheme to be extended further.
Having welcomed 208,253 visitors in January this year alone, the highest in 4 years, the figures confirm a YoY increase of 103.1 percent. Tourists from India, Russia, the UK, Germany and China top the list with 28,493 arrivals in the first four days of February 2024, confirming a figure of 7,000 travellers a day.
The tourist arrivals are led by Russia with a 15 percent market share while India holds second position with 4,123 travellers. UK was seen as the third best market, with 2,592 (9 percent) arrivals with Germany (1,977) and China (1950).
A record number of tourists are visiting Sri Lanka – it was over 200,000 tourists during In January 2024 and during the first 12 days of February, the figure was almost 92,000. Likely to receive 2 million visitors in 2024, the tourism sector could generate a revenue of USD 6 billion within the year.
Avanthi Colombage, Country Manager for Visa in Sri Lanka says that as visiting Sri Lanka becomes a veritable option for tourists, offering visa free travel will boost arrivals and consequently, the digital economy. Today’s travelers are well versed with digital payment options and would expect to be able to pay without cash anywhere, with the ease of use, safety and access of digital paymentslike they do around the world, she adds.
Colombage says that tourism is a key sector of economic activity for Sri Lanka, contributing significantly to our country’s income. It also requires the wider merchant ecosystem – from mom-&-pop stores to micro-businesses to large merchants – to broad base the acceptance of digital payments, whether online or offline. “Tourists visiting Sri Lanka can then rely on a convenient, smooth and safe payment experience during their stay here.”
The recent Global Travel Intentions Study by Visa, confirm that today’s travelers look for experiential travel and not merely visiting tourist hotspots – which makes ubiquitous, seamless and secure payment access critical.
Developing Sri Lanka’s payment infrastructure and ensuring a variety of options to travelers wherever they go – from cards, contactless payments and QR code payments to online and ecommerce payments would enhance tourism.