With forecasts for 2025, this comprehensive analysis report looks at Sri Lanka's hospitality industry from 2019 to 2024. The report provides an overview of market trends, opportunities, challenges, and key industry segments. Government programs, rising business travel, and tourism have all contributed to Sri Lanka's hospitality sector's recent notable expansion. The sector is anticipated to directly contribute billions of dollars to the Gross Domestic Product (GDP) by 2025. Given the substantial contribution of tourism to Sri Lanka's GDP and employment, it is susceptible to various crises, necessitating accurate forecasting of visitor arrivals. The study's main contributions are the identification of Sri Lankan tourist destinations and the provision of insightful and creative viewpoints on them. According to this study, foreign visitors are expected to generate over 100 billion in revenue in the future. In order to improve sustainability, the industry is also putting policies like renewable energy, green building standards, and energy efficiency into place. Additionally, domestic travel is significant; over a million domestic trips are anticipated in the future. Finally, a greater proportion of people are expected to travel online in the future, indicating that the market for online travel will continue to grow. This research predicts data for the nation between 2019 and 2024, as well as forecasts for 2025 using Excel software and gives Sri Lankan destinations and detailed information on hotels and other rooms. This one is very important for indoor/outdoor, local, and foreign tourists. Finally, the finding validates the need for government involvement in promoting and increasing international tourism demand to attain sustainable growth and development in the industry.
Emusb Ekanayake (Thu,) studied this question.