Sri Lanka got 2.36
High-end hotels in Sri Lanka signed up strong development in FY2026 driven by leisure and conferences, rewards, conference and occasions(MICE)sectors.
While the West Asia dispute has actually led to a drop in arrivals in March and April, operators stay positive of a favorable trajectory in the coming months.
ITC Hotels stated its very first global hotel– ITC Ratnadipa in Colombo– turned EBITDA (profits before interest tax devaluation and amortisation) favorable in its very first complete year of operation. The hotel likewise sustained market management in RevPar (income per readily available space), the business stated in its 4th quarter result statement.
Indian Hotels Company Ltd, which has 3 homes in Sri Lanka, saw 21 percent year-on-year development in organization in 4th quarter FY26. “Sri Lanka market is revealing favorable development for us,” an IHCL executive stated.
Sri Lanka got 2.36 million abroad visitors in CY 2025, a development of 15 percent over the previous year. With over 5 lakh visitors, India was the biggest source market accounting for over 22 percent traveler arrivals in 2025.
West Asia dispute
Tramps from Europe decreased last month due to the West Asia dispute. Food and energy rates too have actually been affected due to provide chain disturbances. Indian arrivals in Sri Lanka are growing and this is offering hope to the regional tourist market.
Krishan Balendra, Chairman of John Keells Holdings Plc that owns Cinamon Hotels, stated there is substantial space to grow Indian arrivals to Sri Lanka.
In 2024, John Keells Holdings revealed its most enthusiastic leisure task in Colombo– the City of Dreams that consists of a 687 essential Cinamon Life hotel, banquet centers, shopping mall and a gambling establishment.
Balendra stated City of Dreams has actually seen a choice up in company.” There is an excellent interest for conferences and business occasions especially from India. Prior to the West Asia dispute we utilized to see excellent momentum and we are positive that momentum will continue to enhance,” he included.
Released on May 17, 2026
