Managing Tourism-Led Development Strategy in Post-war Sri Lanka.

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2014

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Sri Lanka Journal of Business Economics

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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Smith, C., Bandara, J. S., Liyanaarachchi, Susantha., and Fernando, Sriyantha., (2014). Managing Tourism-Led Development Strategy in Post-war Sri Lanka. Sri Lanka Journal of Business Economics [SLJBE], 5: 1 - 22.

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