Category: Tourism

Sep 30, 2014 (LBO) – Sri Lanka’s Lanka Orix Leasing Company Leisure, a hotel company rebranded as Brown Hotels and Resorts, Brown Investment PLC said in a media release. LOLC will continue to be the holding company for the Browns group, the company said in the media release. LOLC Leisure is the controlling shareholder of […]

Sep 24, 2014 (LBO) – Sri Lanka’s Anilana Hotels and Properties Limited is to issue 109,624,114 ordinary shares for its shareholders to raise money to settle an existing debt and to finance the balance construction of a hotel project in Dambulla Sri Lanka, the company said in a Colombo Stock Exchange announcement. The rights issue […]

September 19, 2014 (LBO) – Sri Lanka to push medical tourism in order to support the 20 billion dollars export target in year 2020 an official of Export Development Board said. EDB, which strongly believes in private public partnership approach, has decided to make the first ever national initiative to rally the healthcare providers as […]

September 08, 2014 (LBO) – Sri Lanka’s tourist arrivals rose 13.8 percent to 140,319 in August 2014 from a year earlier, driven by China and India, data from the state tourism promotion office showed.Middle Eastern visitors were up 16.0 percent to 18,823 with arrivals from Saudi Arabis down 13.7 percent to 6,653 and UAE down […]

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 […]

August 05, 2014 (LBO) Sri Lanka’s tourist arrivals rose 25.2 percent to 133,971 in June 2014 from a year earlier, by driven by China and India, data from the state tourism promotion office showed. Western European visitors are strong in the northern hemisphere winter season and when Sri Lanka’s Western coast is sunny and calm […]

July 29, 2014 (LBO) – A 650 million rupees eco-friendly hotel will be build in Sigiriya in central Sri Lanka by Union Resorts and Spa Ltd, the state investment promotion agency said. The hotel branded Water Gardens will have 30 luxury villas will us renewable resources and be eco-friendly, with a reduced ‘carbon footprint’ the […]

July 7, 2014 (LBO) – Strong tourist arrivals to Sri Lanka have boosted beer sales, with demand brimming over during the high season in popular tourist spots, the island’s top beer maker said. Sri Lanka has seen a strong increase in budget tourists who interact directly with the small businesses and enterprises. “Unlike in the […]

July 03, 2014 (LBO) – Sri Lanka’s tourist arrivals rose 14.3 percent to 103,195 in June 2014 from a year earlier, driven by China and India, data from the state tourism promotion office showed.In the first half of 2014 arrivals were up 24.6 percent to 727,353. South Asian visitors were up 13.3 percent to 30,950 […]

June 11, 2014 (LBO) – Sri Lanka based Aitken Spence group said it had bought a new 143-room ‘five star’ graded hotel in Chennai, India for 25 million US dollars.The acquisition was made through Aitken Spence Hotel Managements (South India) Private Limited, the company said in a stock exchange filing. The Indian arm was 49 […]

June 13, 2014 (LBO) – China overtook the United Kingdom to become the second largest source of tourists to Sri Lanka in May 2014 and is now second only to India, official data showed. Chinese have been travelling out in greater number in the past few years as the country followed sound monetary policy and […]

June 3, 2014 (LBO) – Sri Lanka national carrier and Lanka Sportreizen, a travel firm is planning an annual cross-country adventure tournament in an effort to boost tourism in the country, officials said. “We like to encourage more adventure tourists to come into Sri Lanka,” G T Jeyaseelan, Chief Marketing officer of SriLankan Airline said. […]