LKCSE Colombo Stock Exchange Close
  • Current Exchange
    Colombo Stock Exchange LKCSE

Market time

Send This Page To Friends and Colleagues

You can Enter more than one email separated by (,)
Allowed 100 characters only
06 November, 2013 07:06 AM Source:
Four Seasons Hotels.jpg

Sri Lanka’s Aitken Spence has partnered with RIU Hotels of Spain to build a US$ 100 million worth five-star luxury tourist resort in Ahungalla.

Issuing a media release, Aitken Spence says the 500-roomed hotel which will be managed by RIU Hotels will be the first business model to be developed involving the Southern Highway and the Mattala Airport.

“The timing of the hotel’s opening will be right since the Southern Highway to Hambantota is expected to reach completion by then and we have the Mattala Airport facility already in place, giving us the perfect mix for our business model”, said Rajan Brito, Deputy Chairman of the group.

The resort will introduce Charter flights to the country and bring in high end customers via Boeing 787 Dreamliner charters, which can carry up-to 200 – 300 passengers at a time.

“This would be a huge boost to the tourism sector as 700 – 800 guests coming into the country in one go would help creating international awareness of Sri Lanka and an emerging holiday destination in Asia”, Rajan added. More...

Read Original Article

Add Comment | 0   comment

Readers Comment

Nothing found to display
page number 1

Add Comment

Please login first to comment Click here to login

Stocks in Focus

Features for Registered Users

E-mail Alerts
Daily Newsletter
Your Watchlist
Advanced Tools
Many more

Will automatically display the last quotes you have visited here.

All Rights Reserved - DUInvest © 2014


Do You have an Account ? , Click here to create a new account

Your Opinion Matters

What do you think about the new Website?