- April earnings at $ 225.7 m reflect 52% YoY growth, highest recorded since 2020
Sri Lanka’s tourism industry has demonstrated a remarkable resurgence, raking in over $ 1.25 billion in revenue during the first four months of 2024, marking a staggering 92% surge compared to the same period last year.
This robust performance not only signals a strong recovery but also highlights the industry’s potential for growth and resilience in the face of adversity.
The acceleration in revenue generation during the first four months is particularly noteworthy, considering that achieving such a milestone took the country seven months in the previous year.
April earnings amounted to $ 225.7 million, reflecting 52.3% increase year-on-year (YoY).
Although, on a month-on-month basis, April earnings experienced a 33% decline, indicative of the industry’s seasonal fluctuations, it remains the highest monthly earnings recorded since 2020.
Despite grappling with challenges stemming from the…
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