SLTDA and DCC & CRM sign MOU to fasten investment approvals for tourism
Nov 15, 2019 (LBO) – Sri Lanka Tourism Development Authority (SLTDA) and the Department of Coast Conservation & Coastal Resources Management (DCC …
Tourism
Sri Lanka increases overflying charges after 38 years, revenue to go up by 57-pct
Nov 14, 2019 (LBO) – Sri Lanka’s government has decided to increase overflying charges after 38 years, taking into account the ICAO (International Civil …
Hayleys Group delivers improved performance in 2Q 2019/20
Nov 14, 2019 (LBO) – Sri Lanka’s diversified conglomerate, the Hayleys Group, posted improvements in turnover, operating performance and overall …
Shangri-La Group completes One Galle Face, Group’s largest venture in South Asia
Nov 14, 2019 (LBO) – Seven years after it broke ground, the much-anticipated One Galle Face (OGF) integrated project was officially opened recently by …
Speedily adopt modern technologies in all aspects of travel and tourism industry: IPS
The fourth industrial revolution (4IR) is changing today’s world. Globally, 64 per cent of all migrant travellers has migrated for employment. However, …
Taj Lanka Hotels (TAJ) revenue up 12% as Sri Lanka tourism recovers
November 11, 2019 (LBO) – Colombo Stock Exchange (CSE) listed Taj Lanka Hotels (TAJ) reported surprisingly robust revenue growth for the quarter ended …
Sri Lanka tourist arrivals down 22-pct in October
Nov 07, 2019 (LBO) – The total number of international tourist arrivals to Sri Lanka during October was 118,743 and in comparison to October last year, there …
Kingsbury Hotel to redesign spaces with unique dining experiences under BOI deal
Nov 05, 2019 (LBO) – Sri Lanka’s Board of Investment has signed a supplementary agreement with the Kingsbury PLC to expand and refurbish the hotel …
JKH Sept quarter net profit down 55-pct amid Easter Sunday impacts
Nov 01, 2019 (LBO) – Sri Lanka’s diversified John Keells Holdings said its profits for the second quarter were mainly impacted by the Easter Sunday impacts …
Sri Lanka to operate luxury train coaches to Badulla, North, East & South routes
Oct 31, 2019 (LBO) – Sri Lanka is to operate luxury train coaches to Badulla, Northern, Eastern, and Southern routes considering the demand for such luxury …
Asian Hotels (AHPL) reports a profit, tourism recovery taking hold
October 29, 2019 (LBO) – Colombo Stock Exchange listed Asian Hotels and Properties (AHPL) reported a modest profit in the quarter ended September 30th. …
John Keells Hotels (KHL) reports losses of Rs470mn on 27% drop in revenue
October 25, 2019 (LBO) – Colombo Stock Exchange (CSE) listed John Keells Hotels PLC (KHL), the subsidiary of John Keells Holdings (JKH) which owns resort …
Sanken Construction to build 112-room hotel at Union Place under BOI deal
Oct 24, 2019 (LBO) – Sri Lanka’s Board of Investment signed an agreement with Sanken Construction (Pvt) Ltd to construct and operate a 112 room hotel …
Will Jaffna International Airport help the Northern economy take-off at last?
By Jekhan Aruliah The opening, strictly speaking the re-opening, of Jaffna International Airport (IATA airport code JAF) in October 2019 was one of the more …
Travel Agents Association of India plans to host Annual Convention in Sri Lanka
Oct 16, 2019 (LBO) – Travel Agents Association of India (TAAI) is planning to host its Annual Convention in Sri Lanka later this year. Over 400 industry …
LOT Polish Airlines to start direct flights from Poland to Sri Lanka
Oct 11, 2019 (LBO) – Sri Lankan Embassy in Oslo together with LOT Polish Airlines celebrated the commencement of LOT’s direct flights from Warsaw to …
5-star hotel to be built in Kandy under BOI agreement
Oct 09, 2019 (LBO) – The Board of Investment of Sri Lanka signed an agreement with Star Class Hotel (Pvt) Ltd., to set up 67 room 5-star hotel which will be …
Sri Lanka appointed to key posts in World Tourism Organization
Oct 07, 2019 (LBO) – Sri Lanka has been appointed as one of the two Vice-Chairpersons for the South Asia Commission of United Nations World Tourism …
Sri Lanka tourist arrivals down 27-pct in Sep 2019
Oct 07, 2019 (LBO) – The total number of tourist arrivals to Sri Lanka during September 2019 was 108,575, down from 149,087 visitors or 27.2 percent from …
Cinnamon’s 15th property, Velifushi Maldives opens
Oct 07, 2019 (LBO) – Cinnamon Hotels and Resorts, the leisure arm of John Keells Holdings continues expansion with the opening of its newest hotel, …