Tourists shun war-hit Sri Lanka

[Telegraph] Unfortunately, the violence has intensified over the last few months as the government has squeezed the LTTE forces back into the northern tip of the country. And this escalation has started to negatively impact the economy, with tourism , one of Sri Lanka’s key industries, severely affected. Although the reporting restrictions put in place […]

Terror, Recession Put Tourism in the Doldrums

[IPS] According to the World Travel and Tourism Council’s estimates for 2008, travel and tourism together were expected to contribute 2.9 billion dollars to the economy and account for one in every 15 jobs (or 567,000 jobs). This is considered vital at a time when the country is diverting a major chunk of its resources […]