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Sri Lanka hotels report sharp rate growth of 15 pct: STR

Nov 18, 2016 5:57:23 AM - LBO.com
Nov 18, 2016 (LBO) – A study by analytics firm STR shows that Sri Lanka’s hotel market recorded strong performance growth through September 2016, driven by a sharp increase in the average daily rate (ADR). In year-over-year comparisons with the first nine months of 2015, Sri Lanka hotels reported a 15 percent increase in ADR […]