March 2005
Asia Monitor: South East Asia Monitor Volume 1;Mar2005, Vol. 16 Issue 3, p8
Country Report
Country Report
This article presents information related to the economic impact of the Tsunami. The overall economic impact of the tsunami that hit countries along the Indian Ocean on December 26, 2005 will depend on how quickly the region's tourism industry recovers from the crisis. While the tourism industry in India and Indonesia will be relatively unaffected by the tsunami, the same cannot be said for Thailand, Sri Lanka and the Maldives. While no data for tourism numbers for January 2005 is available, some indicators suggest the impact may not be as bad as first feared. According to a press release from the World Tourism Organisation, Phuket has reported that 75% of its resorts are operating normally, while in the Maldives 80% of resorts are operating normally.


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