Category: Tourism

May 31, 2014 (LBO) – John Keells Holdings said its ‘Cinnamon Red’ business hotel in Sri Lanka’s capital Colombo will open during the current financial year.JKH which also has resorts in the Maldives, said occupancy there was also higher with a 17 percent gain in arrivals. The 240-room building is now under construction and will […]

May 27, 2014 (LBO) – Profits at Sri Lanka’s Aitken Spence, which has interests in leisure, logistics and power rose 12 percent from a year earlier to 1.36 billion rupees in the March 2014 quarter helped by tourism, interim accounts show. The firm reported earnings of 3.36 rupees per share for the quarter. In the […]

May 20, 2014 (LBO) – Profits at Amaya Leisure, controlled by Sri Lanka’s Hayleys Plc, rose 6.2 percent to 135 million rupees in the March 2014 quarter from a year earlier, interim accounts showed.The group reported earnings of 2.81 rupees per share. Amaya Leisure said revenues rose 11 percent to 352 million rupees, cost of […]

May 19, 2014 (LBO) – Macksons Properties (Pvt) Ltd, will build a 655 million rupee, 100-room serviced apartment complex in Sri Lanka’s capital Colombo, the state investment promotion agency said. Macksons Holdings has interests in consumer goods, automobiles and building materials including Multilac branded paints, the Board of Investment of Sri Lanka which approves and […]

May 18, 2014 (LBO) – The Kingsbury hotel in Colombo which was re-branded and rebuilt after being taken over by Sri Lanka’s Hayleys group has posted the profits of 42 million rupees the March 2014 quarter, interim accounts showed.The firm reported earnings of 20 cents per share for the quarter. In the March 2013 quarter […]

May 10, 2014 (LBO) – Sri Lanka’s participation at Bocuse d’Or, a global culinary competition, is an opportunity to raise the country’s profile as a high quality tourism destination, senior chefs involved in the event said. Fernando said events like these will help Sri Lanka to achieve government set target of 2.6 million tourists by […]

May 06, 2014 (LBO) – Tourist arrivals to Sri Lanka rose 39.5 percent from a year earlier to 112,631 in April 2014 led by India, China, Britain and Russia, data from the state tourism promotion office showed. Middle Eastern arrivals were up 24.8 percent to 5,302 in April with Saudi Arabia up 24.8 percent to […]

May 06, 2014 (LBO) – Pictures of James Packer in a street fight with long time friend and media executive David Gyngell, has been bought by Rupert Murdoch’s Newscorp, media reports said.Newscorp has paid over 200,000 dollars for the pictures, reports said. Packer and Gyngell reportedly fought over a mis-understanding and they later made a […]

May 04, 2014 (LBO) – Peter Kuruvita, an award winning chef and television host had conducted a master class for chefs in Sri Lanka promoting Australian food and wine, the Australian High Commission (embassy) said. The class organized by the Australian High Commission in Colombo with the Chefs Guild of Sri Lanka and William Angliss […]

May 01, 2014 (LBO) – Amaya Leisure Plc, a unit of Sri Lanka’s Hayleys group said it bought 51 percent of Sun Tan Beach Resorts (Pvt) Ltd, which owns a hotel in Sri Lanka’s East Coast for 563 million rupees.But travelling to the East is time consuming and more expensive. “This is a 125 room […]

Apr 30, 2014 (LBO) – Sri Lanka’s The Lighthouse Hotel Plc, said profits in the March 2014 quarter surged 46 percent to 83 million rupees from a year earlier, with revenues also up. Administrative expenses were up 24 percent to 111.8 million rupees. Lighthouse Hotel is part of Sri Lanka’s Jetwing group. The firm reported […]

Apr 24, 2014 (LBO) – UK has warned citizens travelling to Sri Lanka about having tattoos of the Lord Bhudda following the deportation of a British tourist, barely three weeks after warning about spiked drinks at Southern resorts. “British nationals have been refused entry to Sri Lanka or faced deportation for having visible tattoos of […]