Sri Lanka tourism product needs facelift to justify price hikes
Feb 08, 2011 (LBO) – Sri Lanka needs to improve the quality of its tourism product and infrastructure to further increase room rates after a post-war …
Tourism
Sri Lanka island resort project off, says Six Senses
Feb 07, 2011 (LBO) – International luxury hotel chain Six Senses has pulled out of a deal to manage a resort being built on an islet off Sri …
Sri Lanka Continental Hotel cuts losses
Feb 07, 2011 (LBO) – Sri Lanka’s Continental Hotel, bought by the Hayleys conglomerate last year, has reduced its losses in the December 2010 …
Sri Lanka plans US$90mn sale of east coast land
Feb 07, 2011 (LBO) – Sri Lanka will lease 500 acres of land in the east coast to hotel developers on a one-off payment for around 10 billion rupees (90 …
Sri Lanka insurer to invest in leisure sector
Feb 01, 2011 (LBO) – Sri Lanka’s state-owned Sri Lanka Insurance Corporation will invest in the fast-growing tourism sector by building a hotel in …
Sri Lanka’s second Shangri-La project in Hambantota
Jan 29, 2010 – (LBO) – Sri Lanka’s second hotel project by Hong Kong based Shangri-La group will be built in Hambantota in the south of the …
Sri Lanka Navy to begin whale watching tours
Jan 28, 2011 (LBO) – The Sri Lanka Navy has ventured into wild life tourism by offering whale watching tours to the public off the island’s …
Sri Lanka tourist office in home stay push
Jan 25, 2011 (LBO) – Sri Lanka Tourist board wants to promote home stays giving the opportunity to a broader section of the community to participate in …
Sri Lanka second hotel eyed by Shangri-La: report
Jan 24, 2011 (LBO) – Hong Kong based Shangri-La hotels is looking for a coastal property to build a resort hotel, after buying state land in Sri …
Sri Lanka cable firm to build hotels
Jan 20, 2010 (LBO) – Sierra Cables, a listed power cable maker said it will build hotels in a joint venture with another group as strong tourist arrivals …
Sri Lanka second hotel scouted by Swiss leisure group
Jan 18, 2010 (LBO) – Swiss-based MÅ‘venpick Hotels and Resorts, which is to manage a city hotel in Sri Lanka’s capital Colombo is looking for …
Sri Lanka expects US$1.5bn in hotel starts in 2011
Jan 15, 2010 (LBO) – Sri Lanka is expecting 1.5 billion US dollars of mainly hotel project starts in 2011 as investors pour money into the sector in the …
Sri Lanka to get US$500mn hotel from China aviation firm
Jan 14, 2010 (LBO) – A Chinese aviation firm will build a 500 million US dollar hotel and shopping complex in the main beachfront of Sri Lanka’s …
Sri Lanka Taj owners may build another hotel: minister
Jan 14, 2010 (LBO) – Investors connected to Taj Samudra hotel in Sri Lanka’s capital Colombo may build another hotel in the same premises, economic …
Sri Lanka tourist arrivals up 46.1-pct in 2010
Jan 12, 2011 (LBO) – Sri Lanka’s tourist arrivals in December 2010 rose 48.8 percent to 84,627 from a year earlier, driven by sharp increases from …
Sri Lanka East West Properties eyes leisure investments with rights issue
Jan 05, 2011 (LBO) – Sri Lanka’s East West Properties plans to make a rights issue to raise funds to invest in the booming tourism industry and for …
Sri Lanka readies for island tourist resorts
Jan 04, 2011 (LBO) – Sri Lanka expects to announce the investors who have been chosen to develop 10 islands in Kalpitiya, off the north-west coast for …
Sri Lanka to test new visa scheme for three months
Jan 03, 2011 (LBO) – A new online visa scheme Sri Lanka plans to introduce, replacing existing on-arrival visas, will be tested for three months before …
Sri Lanka tourist trade raises alarm over new visa rule
Jan 02, 2011 (LBO) – Sri Lanka’s tourist industry wants the government to postpone a new rule to charge for visas, scrapping on-arrival visas, …
Sri Lanka to scrap visa on arrival
December 31, 2010 (AFP) – Sri Lanka has revived plans to scrap the visa on arrival for foreigners, except Maldivians and and Singaporeans, and will …