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- www.ft.lk - Category : Business - Relavancy : 1.0

LONDON (Reuters): So how does it feel flying halfway round the world from the Maldives and losing your Badminton debut at the Olympics in straight sets? The reaction from Mohamed Ajfan Rasheed was remarkably upbeat, especially as he had fulfilled a boyhood dream only hours earlier by carrying the flag for his tiny Indian Ocean ...

- www.ft.lk - Category : Business - Relavancy : 1.0

T20 tourney to take up over 7,000 room nights in lean tourism season; bring in over Rs. 130 m revenue for hotels Destination Sri Lanka to get a fillip via global TV coverage The inaugural Sri Lanka Premier League (SLPL), ready to kick off in two weeks’ time, is expected to give a big boost ...

- www.ft.lk - Category : Business - Relavancy : 1.0

The Sri Lanka Premier League (SLPL), aimed at being Sri Lanka’s most prestigious, annually-held, domestic Twenty20 cricket competition and featuring the best and upcoming cricketing talent from Sri Lanka playing alongside national Sri Lankan cricketers as well as some of the world’s biggest Twenty20 cricket stars, has made several new announcements. An introduction to the ...

- www.ft.lk - Category : Business - Relavancy : 1.0

Cinnamon Lakeside Colombo excelled in the 21st National Bartender’s Cocktail and Flaring competition held at the BMICH on 15 July. Three talented members of the Cinnamon Lakeside team went through to represent the hotel in the finals.  The finalists wowed judges at the Hotel show with Chandika Thilakarathna and Dinusha Vilashani in the Classical category ...

- www.ft.lk - Category : Business - Relavancy : 1.0

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 ...

- www.ft.lk - Category : Business - Relavancy : 1.0

Delayed project for Rs. 20 b five-star hotel cum residencies kicks off, 20-year management deal to be finalised with Hyatt, global financiers included; set to be largest hotel and tallest building in town By Uditha Jayasinghe The long-awaited Rs. 20 billion Hyatt management venture recommenced yesterday in what aims to be the Colombo’s biggest hotel ...

- www.ft.lk - Category : Business - Relavancy : 1.0

The Lion flag fluttered spiritedly as the 18-wheel monster truck scampered through the treacherous Australian outback. Fifty-six-year-old Zola Rajapakse worked through his 18-gear manual transmission with consummate ease. Zola and his American co-driver were locked in battle with six other drivers from England, Scotland, US and Australia for a shot at becoming the world’s toughest ...

- www.ft.lk - Category : Business - Relavancy : 1.0

The Lion flag fluttered spiritedly as the 18-wheel monster truck scampered through the treacherous Australian outback. Fifty-six-year-old Zola Rajapakse worked through his 18-gear manual transmission with consummate ease. Zola and his American co-driver were locked in battle with six other drivers from England, Scotland, US and Australia for a shot at becoming the world’s toughest ...

- www.ft.lk - Category : Business - Relavancy : 1.0

Heads turning attraction! Biggest sporting event in post-war Sri Lanka aims to boost future cricket talent at provinces; leisure and entertainment industry to get a fillip 21-day contest from 10 August involving local and global stars to be promoted as “village, country and the world” coming together as one to celebrate Sri Lanka’s passion MCC ...

- www.ft.lk - Category : Business - Relavancy : 1.0

Luxury resort records Rs. 1.233b asset baseThe Fortress Resort and Spa announced the successful completion of FY 2011/2012, with stellar financial results in all areas including profits, asset base and shareholder equity. Occupancy rates for the resort in Koggala were high throughout the season as the high-end, colonial architecture-inspired Fortress continues to carve out a ...

- www.ft.lk - Category : Business - Relavancy : 1.0

Wimbledon is special to me not because I played the tennis circuit during my schooling days but for the insights that I get into life and business in general. The 2012 edition in particular was unique, given that a Brit was in the finals of the men’s singles game, that was happening after 74 years. ...

- www.ft.lk - Category : Business - Relavancy : 1.0

WHEN the South Asian region formed the South Asian Association for Regional Cooperation or SAARC hopes were high that it would be the first step in integrating the political, economic and social synergies of the region for overall growth and development. Decades later this dream has largely failed but the SAARC Chamber of Commerce and ...

- www.ft.lk - Category : Business - Relavancy : 1.0

Third batch of students graduate in TangalleThe third batch of 23 students, trained in hotel operations under ‘Jeevana’ Livelihood Development Scheme, promoted by NDB, passed out at a ceremony held in Tangalle on 9 July. MP Namal Rajapaksa was the chief guest at the ceremony. Initiated in September 2010, ‘Jeevana’ Livelihood Development Program endorses NDB’s ...

- www.ft.lk - Category : Business - Relavancy : 1.0

Tie-up with East West Properties to see 200-room, 11-storey Weligama Marriott Resort and Space come up in mid 2014Marriott International has announced the signing of an agreement with Weligama Hotel Properties Ltd., a fully-owned subsidiary of East West Properties PLC, to open a hotel in Sri Lanka – the Weligama Marriott Resort & Spa in ...

- www.ft.lk - Category : Business - Relavancy : 1.0

By Shanuka Tissera Cinnamon Lakeside Colombo last week announced its latest accomplishment as the recipient of the ‘Best Luxury Hotel, Sri Lanka’ award at the Business Destinations 2012 travel awards. The hotel has now entered the ring to do battle with the likes of the Trump Hotel Chicago, Fair Mont Hotel Vancouver and Marina Bay ...

- www.ft.lk - Category : Business - Relavancy : 1.0

Heritance Ahungalla, one of Sri Lanka’s Aitken Spence Group’s deluxe hotels, has employed scores of people and sources supplies from the neighbouring villages as part of the ongoing investment drive to embrace sustainability. More than 65 per cent of the hotel’s staff of 400 have been recruited from the local villages, many of them have ...

- www.ft.lk - Category : Business - Relavancy : 1.0

Tourism is very much in the news and targets are being bandied around. A magic number plucked from the air of 2.5 million tourists by 2015/16 is often quoted. All this suggests that tourism will see a sustained explosion in growth. What is the truth? Is it fast growth or slow burn? What are the ...

- www.ft.lk - Category : Business - Relavancy : 1.0

To see the abundant wildlife in four national parks, Sharon Ng Kooi Kin endures driving on what passes off as roads New Straits Times: WE don’t go on one safari in Sri Lanka. We go on four in 12 days! Our bones are shaken and rattled out of joint, even as our eyes feast on ...

- dailymirror.lk - Category : Business - Relavancy : 1.0

Development of tourism in Sri Lanka will require stakeholders to strike a proper balance between developing 3-star and 4-star properties on the one hand, and luxury and boutique hotels on the other, in addition to implementing a more liberalized pricing structure, according to a report from Sri Lanka-based strategy consulting firm Vox & Co.

- www.ft.lk - Category : Business - Relavancy : 1.0

Economic Development Minister Basil Rajapaksa over the weekend declared opened the newly-built Amagi Lagoon Resort & Spa in Negombo The Amagi Lagoon Resort & spa is located in Negombo, just 5 minutes away from the Katunayake International Airport. This three star luxury hotel have 22 luxury rooms including three water bungalows, two high restaurants, swimming ...

- www.ft.lk - Category : Business - Relavancy : 1.0

eTN: Centara Hotels & Resorts is to open its first two properties in Sri Lanka during the second half of this year named Centara Passikudah Resort & Spa Sri Lanka and Centara Ceysands Resort & Spa. Both of the resort hotels will be operated by Centara under a management contract and will be part of ...

- www.ft.lk - Category : Business - Relavancy : 1.0

All newspapers carried headlines a few days ago stating that May 2012 tourist arrivals have increased by 17.5% from last year. It is reported that the May arrivals of 57,506, was higher than even that of April, which showed only a 9% increase YOY. So far, total arrivals for 2012 up to end May is ...

- www.ft.lk - Category : Business - Relavancy : 1.0

With highest-ever top and bottom line performance premier blue chip JKH says knowing exactly who were are, what we stand for and where we are headed makes all the differenceI am pleased to present the Integrated Annual Report, and the Statement of Accounts, for the Financial Year ended 31 March 2012. The Report encapsulates the ...

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- www.ft.lk - Category : Business - Relavancy : 1.0

‘The Business of Sports,’ the fortnightly column that appears every other Thursday returns after a festive break. This is Feature #22, continuing to seek a greater public engagement in our national sports and a sporting surveillance on what goes on away from the arenas and behind the scenes. Readers are invited to share their views ...

- www.ft.lk - Category : Business - Relavancy : 1.0

Fresh push to woo Chinese tourists and tap greater share of two-way traffic, including to Maldives Upgrade brings total flights to four cities in China including Hong Kong to 21 per week By Nisthar Cassim in Beijing, China In a fresh push to woo more Chinese tourists as well as cater to growing two-way traffic, ...

- www.ft.lk - Category : Business - Relavancy : 1.0

Centara’s second resort in Bali, the Centara Grand Nusa Dua Resort & Villas, is scheduled to soft-open during the third quarter of 2012. The five-star property will feature a combination of deluxe suites and pool villas with a choice of one, two and three bedrooms. Centara’s first resort hotel to open in Bali was the ...

- www.ft.lk - Category : Business - Relavancy : 1.0

LONDON (Reuters): Bookings at London hotels for the Olympic period are down by around a third on last summer, with travellers being put off by high prices, a British travel agent said on Wednesday, dampening hopes that the Games will help to revive Britain’s economy. Credit ratings agency Moody’s said last month that the Olympics ...

- www.ft.lk - Category : Business - Relavancy : 1.0

Following are excerpts of an interview with SLAITO Executive Committee Member and Walkers Tours Limited Chief Executive Officer Michael Elias: Q: Is Sri Lanka becoming too expensive? Why must Sri Lanka be competitive in order to attract tourists? Surely we offer the visitor a unique mix that is not repeated anywhere else in the world! ...

- www.ft.lk - Category : Business - Relavancy : 1.0

Trip Advisor, the world’s largest travel site, has awarded the prestigious Certificate of Excellence 2012 to Eden Resort and Spa. This award honours hospitality excellence and is given only to establishments that consistently achieve outstanding traveller reviews on their website. By winning this accolade, Eden Resort and Spa has entered into the prestigious category in ...

- www.ft.lk - Category : Business - Relavancy : 1.0

The pioneers of tented camp safaris, Eco Team has once again set a precedent in Sri Lanka’s tourism sector with its innovative new concept of ‘mobile hotels’. In a record-breaking move, Big Game Camps & Lodges – a venture of Eco Team (Pvt) Ltd. – set up ‘camp’ for a total of 270 tourists on ...

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