Sri Lanka to Host Asia Hotel and Tourism Investment Conference

sri lanka tourism tourist beach

Aug 15, 2016 (LBO) – Sri Lanka, one of the top two emerging hotel and resort markets in Asia, is to host the first Asia Hotel and Tourism Investment Conference (AHTIC), a top-level gathering of international investors, business leaders, government ministers and officials.

President Maithripala Sirisena is supporting the conference as its patron. The AHTIC conference will take place on November 27-29 at the Hilton Colombo in Sri Lanka. (www.asia-conference.com)

“Sri Lanka is a perfect place to launch our Asia conference. The country’s tourism development authority has prepared an ambitious strategic plan, inviting private and public stakeholders to tackle both the industry’s long-standing needs and the future potential of the country as a tourism destination,” said Matthew Weihs, the managing director of conference organizer Bench Events.

A record two million tourists are expected to arrive in Sri Lanka this year and government ministers are anticipating this figure will double by 2020.

“The conference will cover every aspect of tourism investment throughout Asia Pacific. This is a fast-growing tourism development region and there will be substantial opportunities to network with other delegates and to exchange thoughts and ideas on the sector. The conference will also stimulate dialogue between business and government,” Weihs said.

According to the World Travel and Tourism Council, the direct contribution of the industry to the Asia Pacific region was USD694.1bn (3.0% of total GDP) in 2014, and is forecast to rise by 9% per annum, from 2015-2025, to USD1,177.1bn (3.2% of total GDP) in 2025.

Co-Organizer and Founder Sponsor Dr Prabath Chandima Ukkwatte, Chairman, Sri Lanka Tourism Club, said: “Colombo has been the host of several high-profile international conferences but with the establishment of AHTIC as a regular international event, we will, for the first time, become the home of an important international business meeting that will build in stature and influence as it grows from year to year.”

Read full story at http://www.lankabusinessonline.com/sri-lanka-to-host-asia-hotel-and-tourism-investment-conference/

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