Page 19 - Invest in Sri Lanka
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Sri Lanka: The Heart of the Eastern Hemisphere Your Destination for Timeless, Sustainable Investments
Sri Lanka’s RevPAR forecasts for 2024 expect to
achieve 2018 marketwide RevPARs of USD$ 74.-.
Figure 14 below demonstrates how Sri Lanka’s
hotel market performed compared to regional
peers.
Figure 14 – 2018 Annual Average Hotel RevPAR (USD$)
$100
$92 $91
$90
$80 $74
$70 $68 $64 $63
$58 $58
$60
$50
$40
$40 $38
$30
$20
$10
$-
Indonesia- Thailand Sri Lanka Cambodia Philippines Kenya India Malaysia Nepal Laos
Bali
Source: STR Global and Horwath HTL
INVEST IN TOURISM SRI LANKA 15
