September 02, 2014 (LBO) – Sri Lanka’s John Keells Holdings opened 243 – room , lean luxury ,business hotel Sri Lanka’s capital Colombo yesterday (Sept 01) with an investment about 3.5 billion rupees officials said. As much as Cinnamon Red signifies the creation of a new tier within the Cinnamon Hotels and Resort Brand, it has also created an impetus for a brand new tier in Sri Lanka’s hospitality industry, Ajit Gunewardene, Deputy Chairman of John Keells Holding said.
Thus far, city properties in Sri Lanka have been positioned within the traditional framework of a star rating or as budget hotels, competing on price,
The concept of lean luxury being introduced by Cinnamon Red echoes the global hospitality curve and will fill a much need void between these two broad niches that the current hospitality industry subscribe to. It boldly breaks traditional norms offering guests a unique different experience with affordability, efficient service and comfort.
The three star hotel which has 242 standard rooms and one suite plans to sell rooms at around 75 to 210 US dollars according to the website.
The hotel is located at Ananda Coomaraswamy road, Colombo 03 which was formerly Gree