Best Airbnb Management in Sri Lanka

Tourism in Sri Lanka

Sri Lanka offers tropical natural attractions based on its display of beautiful coastline combined with spiritual, historic sites. Its festivals are influenced by various religious traditions making it perfect for ecological, historical, cultural, and even religious tourism.

The country has a 1.600 km coastline from various regions such as Tangalle, Beruwala, and Mirissa. These areas have multiple features like bays, lagoons, sandbanks, and rocky headland and are equipped with resort areas. This makes them great at providing a fitting location for marine recreation activities like sea bathing and swimming, surfing, boating, snorkeling, deep-sea fishing, underwater photography, and scuba diving.

The watery attraction is, of course, not the only thing visitors can expect here in Sri Lanka. It also hosts 26 Archaeological Museums and theaters that will entertain every archaeology and culture enthusiast.

As a multicultural country, various communities in Sri Lanka organize different festivals. Some of the majors ones include The Kandy Esala Perahera, Sinhala and Tamil New Year celebrations, Vesak Festival, Christmas, Ramadan festival, Thai Pongal, and the Galle Literary Festival. 

These festivities are usually accompanied by traditional performances such as Kandyan dance, low country dance, and Sabaragamuwa dance. Furthermore, the country is home to some world-renowned heritage sites. The most popular one is Sri Pada (Adam’s Peak) that possesses a unique relevance to significant religions around the world.

Why Invest in Short Term Rental in Sri Lanka

Sri Lanka earned $4.4bn from tourism in 2018, with its revenue going up 12% from $3.9bn of 2017, according to the SLTDA (Sri Lanka Tourism Development Authority). Indeed, a significant number that hints at a very profitable chance for accommodation service, especially if your property is located near any prominent tourist spot in the country.

More improvement to the tourism sector by the Sri Lankan government has triggered more international tourist flow to the county. This means that an Airbnb property service could potentially earn you extra money or even a stable income. Also, it can provide you with an alternative way to maintain your property’s wellness where you don’t occupy it yourself. 

The World Travel and Tourism Council (WTTC) estimates the direct contribution of travel and tourism to the country’s GDP to grow by 5.7% per year between 2018 and 2028 to LKR1.26trn ($7.9bn). This means that business in the tourism sector for the next few years would be ideal with less risk and much gain. 

In the case that you want to start joining the business but are not familiar with Airbnb service yet, Bnb Way can help you out. It can find the best Airbnb management company for your property and connect you to all the components you may need in the sector.

Popular Sights to Visit in Sri Lanka

Tourism Growth Graph in Sri Lanka 

Tourist Arrivals in Sri Lanka –2000 to 2019 (Credit: SLTDA)

The tourism growth graph in Sri Lanka seems to increase significantly, especially over the last decade. The government has improved the tourism sector providing more facilities and access to the major tourist attractions.

FACTS about Sri Lanka