Category: Tourism

Nov 20, 2012 (LBO) – A 500 million rupee a 30 villa boutique hotel with French investment will be built in Kalkudah Bay, in Sri Lanka’s eastern coast, the state investment promotion agency said. Sri Lanka’s Board of Investment said 12 luxury bungalows comprising the Karpaha Kalkudah resort will be built among 300 coconut, kohomba […]

Nov 17, 2012 (LBO) – Sri Lanka’s tourist arrivals rose 15.5 percent to 80,379 in October 2012 from a year earlier, data from the statistics office showed, with total visitors up 16. 0 percent to 774,151 during the first ten months. Arrivals from Western Europe were hardly changed growing 1.9 percent to 24,303 in October […]

Nov 16, 2012 (LBO) – Sri Lanka’s Grand Orient Hotel, owned by a state bank and adjacent British colonial era buildings will be re-developed with the help of private investment in a project which may involve up to a billion US dollars, the state information office said. State run Bank of Ceylon has developed a […]

Nov 15, 2012 (LBO) – Sri Lanka’s Aitken Spence group, which has interests in tourism, logistics and power generation said profits in the September 2012 quarter grew 56 percent to 731 million rupees from a year earlier. The group reported earnings of 1. 80 rupees per share for the quarter, in results filed with the […]

Nov 15, 2012 (LBO) – Two of Sri Lanka’s largest resort chains which also have operations in Maldives have renewed a call for tourism authorities to market the island effectively partnering with the those in the business. “In the present global context of turbulence and uncertainty, we see a clear opportunity for Sri Lanka to […]

Nov 11, 2012 (LBO) – A 55-room 4-star class resort will open in the coming winter season in Thanamalwila near Sri Lanka’s Udalawalawe national wildlife park, a media report said. The hotel uses solar energy and has a sewage treatment plant where waste water is cleaned and used to irrigate the garden. The hotel is […]

Nov 09, 2012 (LBO) – Sri Lanka’s army has opened its third resort hotel and also created a brand as part of efforts to add more rooms to cater to an influx of tourists and promote soldier welfare. Army chief Jagath Jayasuriya said the army, which opened its first resort to provide rest and recuperation […]

Nov 01, 2012 (LBO) – Sri Lanka will lease an islet off the Western coast of the island for a 1,070 million rupee upfront payment to a developer to build an integrated tourist resort, information minister Keheliya Rambukwelle said. The cabinet of ministers had approved a proposal by economic development minister Basil Rajapaksa to lease […]

Oct 25, 2012 (LBO) – Sri Lanka’s East West Properties Plc, plans to build more hotels chairman Nahil Wijesuriya has told shareholders, with the first hotel to be managed by US based Marriot group as already announced. East West is building a 200 room hotel in Weligama Bay between Gall and Matar on Sri Lanka’s […]

Oct 25, 2012 (LBO) – Sri Lanka’s Jetwing leisure group has swept has snagged top spots for the island at World Travel Awards, a 20 year old event whose organizers say is based on votes of travel professionals and consumers. Jetwing Vil Uyana, built around a man-made wetland has been named Sri Lanka leading boutique […]

Oct 24, 2012 (LBO) – Sri Lanka’s tourist arrivals rose 18. 1 percent to 71,111 in September 2012 from a year earlier, with arrivals during the nine months up 16 percent to 693,772 data from the Indian Ocean island’s tourist promotion office showed. Arrivals from the Middle East fell 13 percent to 4,166. East Asian […]

Oct 23, 2012 (LBO) – Profits are Hotel Sigiriya Plc, which is located in central Sri Lanka, rose 24 percent to 16.5 million rupees in the September 2012 quarter, from a year earlier, interim accounts showed. The firm reported earnings of 2.82 rupees for the quarter. In the six months to September the firm reported […]