Managing the tourism-led development strategy in post-war Sri Lanka
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Bandaralage, Jayatilleke
Liyanaarachchi, Susantha
Fernando, Sriyantha
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Abstract
The Sri Lankan tourism industry has been booming since the end of war in 2009. Considering the key role that tourism can play in post-war economic development, the Sri Lankan government launched a Tourism Development Strategy (TDS). This study has evaluated the feasibility of achieving the targets of the TDS by building a simple tourism demand model and by undertaking a qualitative comparative assessment with a selected tourism booms in a number of war-affected countries. The findings suggest that the TDS targets are achievable provided the country manages to expand supply of tourism related infrastructure (hard as well as soft) in a price competitive manner.
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Sri Lankan Journal of Business Economics
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5
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Tourism Economics