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By Cheranka Mendis The Sri Lanka Tourism Development Authority (SLTDA) is offering 2717.243 acres of land and 415.7 acres of water body in six selected areas for eco-friendly beach, wildlife and waterfront developments. Located in Kalpitiya, Kuchc-haveli, Bentota, Pasikudah, Dedduwa and Yala, all land offered will be given on a long-term 99-year lease upon payment ...
- Divyaa Lagoon Resort first luxury boutique hotel to open in Kalpitiya (Category: Business)
- Sri Lankan government to lease out 10 more islands in Kalpitiya for tourism development (Category: Breaking News)
- Golden opportunity for tourism industry (Category: Breaking News)
Sri Lanka proud hosts of popular and shorter form of most entertaining tournament played in Asia for the first time; 20-teams, 20-day cricket fiesta ICC World T20 kicks off tomorrow Mega boost for tourism as 500 players and officials alone to take up 9,000 room-nights; hundreds of overseas fans, global sponsor officials and media to ...
- ESPN STAR Sports bags multi-year broadcasting rights for Sri Lanka Premier League (Category: Business)
- ICC launches World Twenty 20 Sri Lanka 2012 (Category: Business)
- Sri Lanka to host World T20 2012 (Category: Sports)
- ICC announces WT20 warm-up schedule (Category: Business)
By Cheranka Mendis Given the anticipated growth in tourism, the country is likely to see an 85% average occupancy rate and 35% revenue growth in Colombo city hotels in 2012. Colombo City Hotels Chairman M. Shanthikumar yesterday told the Daily FT that the occupancy level so far has recorded
- Hyatt pushes Asia expansion, cautious in short term (Category: Business)
- Global leisure hotel rates set new growth record in March (Category: Business)
- Hotel occupancy rates slump (Category: Australia, Tasmania )
- Rupee Pricing (Category: Business)
Whilst tracking the key moments of the London Olympics, I realised how reliant I was on the text updates that beeped on my Blackberry and then when time permits go to YouTube or the official websites to experience this key happening as it unfolds to the world. But, then I realised that my friends had ...
- HR and London Olympics (Category: Business)
- Coca-Cola and McDonalds launch London Olympics 2012 memorabilia (Category: Business)
- Marketing 3.0 and Sri Lanka (Category: Business)
- London Olympics biggest in US TV history, despite gripes (Category: Business)
More expansion planned to ride the post-war rebound in tourism and entertainmentBy Cheranka Mendis Hilton Colombo Residence has embarked on a major renovation plan for the hotel to reap post war benefits starting with the expansion and refurbishment of its Union Ballroom. Completed in seven months at a cost of US$ 3 million, the Union ...
- The going is good, says Galadari GM (Category: Business)
- Facelift for two Colombo Fort Hotels’ properties (Category: Business)
- Lighthouse Hotel goes for refurbishment, more rooms (Category: Business)
- Centara to open two hotels in Sri Lanka in second half of 2012 (Category: Business)
The Daily FT spoke to the Immediate Past President of Sri Lanka Association of Inbound Tour Operators (SLAITO) and Chairman and Managing Director of Conniassance de Ceylan Ltd., on the state of post-war Sri Lanka tourism industry, the progress and key challenges as well as future prospects
- Future of Sri Lanka Tourism: Former SLAITO Chief sheds key insights (Category: Business)
- Strategic policy needed for Sri Lanka Tourism (Category: Business)
- SLAITO on expectations and challenges facing tourism industry (Category: Business)
- Prema joins Alhambra Hotels Board (Category: Business)
Private equity and investment banking boutique, Mercantile Merchant Bank Ltd., (MMBL) and family-owned leisure giant Jetwing Group are together taking the road less travelled to create new opportunities in the former war torn North by commissioning the biggest ever private sector investment in the region. The two firms, via an equally-owned joint venture will be ...
- MMBL pursues new business model for post-conflict Sri Lanka (Category: Business)
- Jetwing walks away with armful of medals at ‘Culinary Art 2011’ (Category: Business)
- Creating memories that last - Jetwing Hotels at the Bridal Fair 2011 (Category: Business)
- Jetwing Animal Clinic at Tangalla Bay (Category: Business)
Effects first major move to become a self-made entrepreneur; his new venture N Capital acquires 70% stake Aspires to make iconic 35-room resort luxurious with Rs. 500 m investment to add 50 more rooms under a new wing and plush refurbishment Says deep south will be centre of economic, tourism and recreation boom with air ...
- Ricky Mendis buys 8% of Serendib Hotels for Rs. 142 m (Category: Business)
- Location! Location! Location! (Category: Business)
- LOLC seeks Rs. 4 b funding for Lanka’s biggest resort complex (Category: Business)
- Shareholders vote out Rights; Malwatte opts for debt for tourism venture (Category: Business)
Offering epic safari adventures, Chaaya Wild transcends expectations and enthrals nature enthusiastsBy Marianne David If there’s one message that Yala reinforces, it’s the fact Sri Lanka is so abundantly blessed – a miracle in many ways. Despite its rising position as a hotspot for leopards being temporarily halted in its tracks during the latter stages ...
- Leisure laughs! (Category: Business)
- Chitral’s take on Chaaya Wild and the wild (Category: Business)
- Project Leopard: Chaaya Wild’s responsible tourism drive (Category: Business)
Amidst crises in the region, Sri Lanka remains the star for both stock market and tourism sector performance in Asia. As reported in the Daily FT on Monday, the Colombo Stock Exchange remains Asia’s best performing frontier market with an over 2% year to date growth. This is in contrast
- Tax Collaboration (Category: Business)
- Capital Crisis (Category: Business)
- Sri Lanka v India - live score (Category: Breaking News)
- Special Thing (Category: Business)
Targets hotel sector; offers seven FCS products to local customersBy Cheranka Mendis Supporting the boost in tourism, integrated solution provider Fentons Limited forged a partnership with one of the world’s leading hospitality solution providers, FCS Computer Systems, on Wednesday, offering Sri Lankan hospitality industrialists world class solutions for their companies. The partnership, whi...
- No FCS rivalry week is a big loss (Category: USA, North Dakota)
- No FCS rivalry week is a big loss (Category: USA, North Dakota)
- No FCS rivalry week is a big loss (Category: USA, North Dakota)
- No FCS rivalry week is a big loss (Category: USA, North Dakota)
By Cheranka Mendis Pioneers in ayurvedic hospitals and resorts, Hettigoda Group yesterday ceremonially opened its newly renovated Siddhalepa Ayurveda Health Resort in Wadduwa. The resort which has been completely renovated and refurbished at a cost of Rs. 150 million in a period of two months is looking at expanding and adding more features within the ...
- Siddhalepa Revered as the Best Ayurveda Company (Category: Breaking News)
- Sukhee Hair Oil in brand-new packaging (Category: Business)
- Krimiraja Medical centre of Kiriwaththuduwa (Category: Business)
- SLT Rainbow Pages partners Indigenous Medicine Ministry to promote ayurveda (Category: Business)
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