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Industry Watch by Binny Yadav ANM Bomb blasts crack Sri Lankan Tourism Industry

Bomb blasts crack Sri Lankan Tourism Industry

Appalling tragedy hurts vibrant Sri Lankan Tourism Industry. Sri Lankan Tourism Industry is trying to come to terms with the appalling tragedy that struck their country on Easter Sunday and killed over 250 people.

The impact of the bomb blasts at the heart of the country’s vibrant tourism industry will affect the fragile economy of Sri Lanka. In the last decade Tourism Industry was seen as the main cause of Sri Lanka’s rising GDP growth. According to the Sri Lanka Tourism Development Authority, “Tourism sector was the country’s third-largest and fastest-growing source of foreign currency in 2018.” With certain restrictions on tourists visas and advisory issued by many high commissions and Embassies the Tourist Industry will certainly suffer due to terror attacks in Sri Lanka

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