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Sun City Investing USD800 Million Into Island

Category: Tourism, Posted:25 Feb 2012 | 06:00 am

Gaming giant Sun City is set to develop an USD800 million mega resort on the island of Sri Lanka.
The project is being hailed as the largest single tourism investment to date.
Set on a 200 acre site the project will be located north of Colombo Katana.
Access to the lucrative Indian market which is on Sri Lanka's doorstep is clearly one of the main drivers.

Other News

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New C9 Hotelworks Report – Phuket Branded Residences Biggest Leisure Supply Globally

Category: , Posted:26 Mar 2024 | 17:15 pm Branded residences in Phuket have reached an unprecedented supply value of THB80 billion (approximately USD2.3 billion), setting a new historical high. The destination now has the highest value of leisure supply value globally and has joined the ranks of urban destinations Dubai and Miami as a world-class branded residences property hub. Condominiums, which form 59% […]
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Phuket’s High And Low Season Hotel Rate FOMO-Fever

Category: , Posted:23 Mar 2024 | 10:52 am So why have Phuket hotel owners and operators developed a bad case of FOMO (fear of missing out) for over more than a decade and why can’t they keep it up (rates that is)? Good insights from Jesper Palmqvist STR stat man at this week’s Phuket Hotels Association quarterly meeting. Did you realize that for […]
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Laguna Phuket Launches Garrya Beachfront Wellness Hotel Residences

Category: , Posted:23 Mar 2024 | 09:44 am The island’s largest developer Laguna Resorts and  Hotels PLC has announced a new hotel branded residences project named Garrya Phuket. The mixed-use complex is on the site of the former Quest Adventure Camp, and will have a total of 150 keys, with 38 two-bedroom residences units now for sale. With beachfront access pricing starts at […]
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