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- 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

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 ...

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

With a stellar performance from its tourism sector, Aitken Spence PLC has reported its highest-ever profit before tax of Rs. 5.5 billion for 2011/12. The company posted a consolidated profit after tax of Rs. 4.7 billion for the year financial year ended 31 March 2012, Aitken Spence said in a statement. The blue chip showed ...

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

Expolanka Holdings Plc said yesterday it has sustained its consolidated net profit after tax for the FY 2011/12 at Rs. 1.23 billion with a consolidated net profit before tax at Rs. 1.68 billion. The Q4 recorded a year on year growth of 21% in top line, 33% growth in gross profit and 22% growth in ...

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

John Keells Hotels Group announced the certification of ‘Green Globe Awards’ to five of its resorts and hotels for sustainable tourism. The certifications were received by Chaaya Village Habarana, Chaaya Blu Trincomalee and Chaaya Reef Ellaidhoo – Maldives, properties which fall under Chaaya Hotels and Resorts, Cinnamon Lodge Habarana of the Cinnamon Hotels and Resorts ...

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

The best hotels, hotel architecture, interiors, construction and design across the entire Asia Pacific region were celebrated at The J W Marriott Hotel in Kuala Lumpur on 27 April. The leading companies behind these winning hotels and hospitality projects were invited to attend to receive the prestigious awards. The Asia Pacific Hotel Awards in association ...

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

In its latest publication of ‘Sri Lanka’s Leading Brands,’ Brands Finance lists Cinnamon Lakeside Colombo as the ‘Highest Valued Hospitality Brand’ in Sri Lanka. The annual review has been published for eight consecutive years by Brand Finance, a leading independent consultancy founded in the UK. The review assesses the health of leading brands in Sri ...

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

Cinnamon Lakeside Colombo yesterday announced the arrival of a new Front Office Manager, Ronald David. David brings a considerable amount of management experience to the Cinnamon Lakeside Colombo team, having spent the majority of his career managing and leading teams both in Sri Lanka and the UK.   Beginning his career as a Tele-marketing Executive ...

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

Divya Lagoon Resort opened its doors in Kalpitiya recently, making it the first star class luxury boutique hotel to be constructed on the Dutch Bay, in the new Tourism Zone of Kalpitiya Built on four acres of land, Divyaa Lagoon Resort, nestled between the Dutch Bay Lagoon and the Dutch Bay, captures the true essence of ...

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

The 10 layer ‘Pirate’s Fantasy’ first shown to Sri Lankan and English cricketers Heritance Ahungalla, one of Sri Lanka’s Aitken Spence Group’s premier hotels, has unveiled a $35 million sapphire studded cake, which the hotel hopes will be a serious contender for the ‘World’s most expensive cake’ title this year. Created by their celebrity Chef ...

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

NDB‘s contribution to infrastructure development has been substantial during the last three decades. Having garnered the experience and expertise to cater towards the development process in Sri Lanka, NDB continues to focus on this vital component providing the necessary support that will help towards economic development in the country. NDB CEO Russell de Mel says, ...

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

By Cheranka Mendis Dubai’s low cost airline, flydubai yesterday announced the increase of frequencies to Sri Lanka, going from five to seven weekly flights since 11 March following a surge in passenger numbers. flydubai CEO Ghaith Al Ghaith noted that with the changes in flight timing by moving on from four flights a week during ...

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