Sri Lanka's First Centara Property

Category: Hotels, Posted:23 Jun 2013 | 06:00 am

Thailand's Centara Hotels and Resorts have debuted in Sri Lanka with a leisure property
The Centara Passikudeh Resort and Spa recently opened with 126 rooms.
It is located on the northeastern portion of Sri Lanka.
Hospitality groups from Thailand have been prominent in the country with Minor operating hotels in a joint venture and Onyx coming to market with two Ozo branded hotels.

Other News

Phuket’s Hilton Garden Inn Transacts to TriO Capital

Category: Hotels, Posted:13 Sep 2024 | 12:58 pm The 177-room Hilton Garden Inn Phuket, Bang Tao has traded to private equity group TriO Capital. Operating under a franchise agreement with Hilton, the hotel opened in late 2021 and had been owned and operated under GCP Hospitality. A strategic plan for a design and development upgrade under TriQ will kick off at the end […]

South Korea Tops Asia’s Branded Residences Pricing Premiums In C9 Hotelworks Latest Report

Category: Hotels|Real estate, Posted:11 Sep 2024 | 10:17 am South Korea’s luxury real estate market has evolved significantly, transitioning from traditional residential properties to innovative branded residences. The trend began in 2008 when The Ananti Hotel introduced a pioneering co-ownership model, targeting affluent buyers seeking luxury vacation homes and social prestige. This success spurred other domestic brands like Lotte and Hanhwa Resorts to follow […]

New Zanzibar Market Report From C9 Hotelworks Highlights Surge In Tourism Demand

Category: Hotels|Tourism, Posted:10 Sep 2024 | 14:41 pm Zanzibar’s tourism industry is experiencing a remarkable resurgence, having successfully surpassed pre-pandemic visitor numbers since 2022 according to a new report by C9 Hotelworks. In 2023, the island welcomed over 638,444 visitors from around the globe, marking a significant recovery. Projections for 2024 indicate a further 9% growth, with January to May arrivals reaching 255,408 […]

More Insider News