Monday, May 27, 2019

Market forces to decide room rates

Sri Lanka Tourism Development Authority (SLTDA) has decided to remove the minimum room rate (MRR) effective immediately imposed on Colombo City Hotels due to the low tourism arrivals following Easter Sunday Attacks.

Furthermore, SLTDA is in the opinion that it is better for the market forces to decide the room rates rather than SLTDA dictating terms due to the prevailing situation.

Last week, the travel ban on visiting Sri Lanka imposed by China was lifted to ‘cautious when traveling’ to Sri Lanka and the authority is confident that the travel advisories will be lifted in the next couple of weeks as they have been working closely with many diplomatic missions since the incident.

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