Sri Lanka tourist earnings up 26-pct to October

Dec 10, 2013 (LBO) – Sri Lanka has earned 996.2 million US dollars from tourism services in the ten months to October 2013, up 26 percent from a year earlier, data released by the Central Bank showed. The average stay has moved up 10.5 nights from 10 a year earlier, he said. Tourism arrivals rose […]

Sri Lanka gains popularity at Emirates Holidays

Nov 21, 2013 (LBO) – Sri Lanka has become one of the top 10 most popular destinations in after being included in Emirates group’s travel arm, officials said as outbound packages were also launched to customers in the island. The firm was developing more Sri Lanka tours targeted at specific markets. Emirates Holidays set up […]

Sri Lanka tourist arrivals up 27-pct in October

Nov 19, 2013 (LBO) – Sri Lanka’s tourist arrivals rose 27.9 percent to 102,805 in October 2013 from a year earlier, helped by surging arrivals from China, Maldives, India and Russia, official data showed. Middle Eastern arrivals were up 45.7 percent to 7,624, with visitors up to October up 12 percent to 49,250. East Asian […]

Sri Lanka tourist arrivals reaching a million in November: official

Nov 16, 2013 (LBO) – Sri Lanka’s tourist arrivals have topped 904,000 and is reaching towards a million tourists by the end of November 2013, an official said. The average spend per day was 109 US dollars compared to 65 in 2009, Jayaweera said. Sri Lanka’s arrivals have been boosted by reasonably priced accommodation and […]

Sri Lanka could be tourist mecca for rising Asian middle class: James Packer

Nov 13, 2013 (LBO) – Changing demographics in India and China could make Sri Lanka ‘a leading tourist mecca’ for the rising middle class in Asia, head of Crown Australia, James Packer said.Wealthy Chinese wanted luxury travel, luxury hotels, signature restaurants, quality entertainment, gaming, casinos and high-end retail, he said. “These factors explain why Chinese […]

”’ Sydney casino gets state backing

SYDNEY, November 12, 2013 (AFP) – Gambling mogul James Packer’s plan to build a .5 billion casino in Sydney aimed at Asian high-rollers has won crucial support from the state government.The New South Wales government late Monday struck a “binding agreement” for the project to operate from November 2019 in a prime location on Sydney […]

‘s The Kingsbury out of red

Nov 05, 2013 (LBO) – Sri Lanka’s The Kingsbury Plc, a city 5-star hotel said it made profits of 26 million rupees in the September 2013 quarter, re-starting operations after going through a make-over. In the first week of September The Kingsbury raised 660 million rupees from shareholders in September. The firm reported earnings of […]

”s RIU

Nov 05, 2013 (LBO) – Sri Lanka’s Aitken Spence group said it is building a 100 million US dollar 500-roomed luxury hotel with RIU Hotels, a Spanish chain as a partner. Aitken Spence deputy chairman Rajan Brito said the hotel will be completed when an expressway in the south of the island is extended to […]

‘s Trans Asia Hotel net down 10-pct

Nov 04, 2013 (LBO) – Sri Lanka’s Trans Asia Hotel Plc, which owns Colombo’s Cinnamon Grand Hotel said profits fell 10 percent to 194 million rupees in the September 2013 quarter from a year earlier.The firm reported earnings of 97 cents per share.For the six months to September the firm reported earnings of 1.58 rupees […]

Sri Lanka Ports Authority container throughput up 8-pct

Nov 04, 2013 (LBO) – Sri Lanka Ports Authority has seen an 8 percent increase in containers handled up to October with volumes topping 2.0 million containers by October, an official said.Sri Lanka Ports Authority owns and operates the Jaye container terminal in Colombo. SLPA operations director Upali Soyza said its terminal had handled 2,066,000 […]

Sri Lanka in Sea Dream mega-yacht cruise itinerary

Nov 04, 2013 (LBO) – Sri Lanka has been included in the Indian Ocean itinerary of boutique US-based boutique cruise firm, Sea Dream Yacht Club, which caters to upmarket travellers using mega-yachts.The firm is represented in Sri Lanka by Helanka Vacations.The next Sea Dream cruise covering India, Sri Lanka and Singapore is scheduled for April […]

‘s Eden Hotel buys 76-room resort

Nov 03, 2013 (LBO) – Sri Lanka’s Eden Hotel Lanka Plc said it is buying a 76-room resort for 1.5 billion rupees from LOLC Leisure, its holding company. The company has six acres of land. In January 2012, LOLC group said it bought Dickwella Resort and Spa for 1,014 million rupees. Corrected Dickwella Resorts and […]

Page 39 of 113