The Ministry of Hotels and Tourism issued some 5,127 tourism and transport licences across the country, as of December 2017, according to a ministry official.
The ministry had issued some 2,593 tourism licences, including one to a foreign company, 40 to foreign and local joint ventures and 2,552 to local firms.
Moreover, the ministry also issued some 4,371 tour guide licences, 3,449 local tour guide licences and 2,534 transport licences by December 2017.
The number of hotels and guest houses that were issued hotel licences by the ministry has increased each month. Since 2011, the ministry has relaxed restrictions to encourage investment in the accommodation sector for international visitors.