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The first integrated resort in Sri Lanka [37] and the largest private investment in the country. It is planned to open in the third quarter of 2024. [38] Cinnamon Red Colombo. Colombo 2014 Cinnamon Hotels & Resorts: Capitol Hotel Holdings, a joint venture of Sanken, John Keells Holdings, and a Singaporean firm 243 Sri Lanka's first 'lean luxury ...
John Keells Hotels is one of the LMD 100 companies in Sri Lanka. The company returned to the list in 2022 after displacing from the list in 2021. In 2022, the company was ranked 73rd on the list. [18] The Cinnamon Hotels & Resorts brand was the most valuable hospitality brand in Sri Lanka in 2022.
Sri Lanka is a popular tourist destination. Tourism is a key industry that attracts international tourists yearly. Foreigners visit Sri Lanka to see nature, wildlife, historical monuments, and indigenous culture. In 2018, tourist arrivals peaked at 2.5 million, who spent a total of US$5.6 billion in the country.
Aitken Spence Hotel Holdings is an LMD 100 company. LMD 100 ranks listed companies in Sri Lanka by revenue annually. In the 2020/21 edition published in 2022, Aitken Spence Hotel Holdings ranked 91st down from 55th rank in the previous year due to a 70% revenue decline. [14]
City of Dreams Sri Lanka, formerly branded as Cinnamon Life Integrated Resort, is the first integrated resort in Sri Lanka [3] and the largest private investment in the country. [4] Sri Lankan-British architect, Cecil Balmond designed the resort while Hyundai Engineering & Construction is the main contractor. The construction of the resort ...
The brand manages 15 four-star and five-star hotels across Sri Lanka and the Maldives. These hotels collectively exceed the room capacity of over 1,400. [2] BOI signed an agreement worth US$29.3 with Indra Hotels and Resorts Kandy, a joint venture by Indra Traders and John Keells Hotels to build a 160-room hotel in Kandy. The project is ...
Amaya Resorts & Spas, trading as Hayleys Leisure PLC (formerly Amaya Leisure PLC), is a Sri Lankan hospitality company.The company is listed on the Colombo Stock Exchange on 11 March 1996 and Sri Lankan conglomerate, Hayleys owns a controlling stake of 61.66% of the company's stocks (40.32% directly and 21.34% via its subsidiary, Dean Foster (Pvt) Ltd). [3]
As of 2022, Ceylon Hotels holds a 69.54% stake in the Kandy Hotels Company. The Kandy Hotels Company is the owner and operator of the Queen's Hotel and the Hotel Suisse. [1] Kandy Hotels Company entered into an agreement with Sino Lanka Hotel Holdings to set up a joint venture to build OZO Kandy in 2012. OZO Kandy was planned to have 120 rooms. [8]