The Investor Sentiment - Equity and investments forum for Sri Lankans
The Investor Sentiment - Equity and investments forum for Sri Lankans
Would you like to react to this message? Create an account in a few clicks or log in to continue.
Please send an email to contact.lankaninvestor@gmail.com if you face any technical difficulties when posting
Search
Display results as :
Advanced Search
Latest topics
Dividend AnnouncementsYesterday at 7:19 pmAjithR
Tokyo CementYesterday at 9:42 amRajapaksap
Insider Dealings Fri Nov 20, 2020 2:30 ampjrngroup
UML United MotorsTue Nov 10, 2020 8:50 amThe Invisible
ExpolankaMon Nov 09, 2020 8:46 pmsmallville
Plantation Sector UpdatesSat Nov 07, 2020 8:15 amRajapaksap
HAYC - HaycarbFri Nov 06, 2020 12:11 pmsubash
LWL.N0000 (Lanka Walltiles PLC)Fri Oct 16, 2020 12:50 amsubash
CSE Daylight Robbery !Mon Sep 21, 2020 9:54 pmYin-Yang
Trading Journal Tue Sep 15, 2020 10:37 pmThe Invisible
AEL Access EngineeringTue Sep 15, 2020 7:24 pmsmallville
CFVF - First CapitalWed Sep 09, 2020 9:42 pmWonderer
Disclaimer


Information posted in this forum are entirely of the respective members' personal views. The views posted on this open online forum of contributors do not constitute a recommendation buy or sell. The site nor the connected parties will be responsible for the posts posted on the forum and will take best possible action to remove any unlawful or inappropriate posts.
All rights to articles of value authored by members posted on the forum belong to the respective authors. Re-using without the consent of the authors is prohibited. Due credit with links to original source should be given when quoting content from the forum.
This is an educational portal and not one that gives recommendations. Please obtain investment advises from a Registered Investment Advisor through a stock broker

Go down
The Invisible
The Invisible
Posts : 2908
Join date : 2016-11-28
Age : 41

Sri Lanka's John Keells fine-tunes hotel strategy Empty Sri Lanka's John Keells fine-tunes hotel strategy

on Fri Aug 24, 2018 11:28 am
Message reputation : 100% (1 vote)
ECONOMYNEXT- John Keells Holdings Plc, one of Sri Lanka's largest hotel operators, will focus on its larger Cinnamon hotels for the foreseeable future, a top official said.

The Cinnamon Hotels website has removed references to Cinnamon White, a boutique brand the group first mentioned two years ago.

"We have looked at various models, and for the moment, we will continue to focus on our flagship Cinnamon portfolio," Deputy Chairman Krishan Balendra said.

Sri Lanka's Prime Minister Ranil Wickremesinghe said boutique hotels would be a key segment in the future for Sri Lanka's tourism industry in attracting high paying tourists.

John Keells said it also planned to expand its Cinnamon Red 3-star 'lean-luxury' brand after opening the first such hotel in Colombo in 2016.

Balendra this week said that the group would evaluate the possibility of continuing with this strategy.

Cinnamon owns 10 hotels in Sri Lanka, one of which, the Bentota Beach Hotel is being demolished and rebuilt.

It is building two more; the Cinnamon Life as part of a mixed use project, and a hotel in Nuwara Eliya.
Ethical Trader
Ethical Trader
Top contributor
Top contributor
Posts : 5567
Join date : 2014-02-28

Sri Lanka's John Keells fine-tunes hotel strategy Empty Re: Sri Lanka's John Keells fine-tunes hotel strategy

on Fri Aug 24, 2018 5:53 pm
Thanks.
Back to top
Permissions in this forum:
You cannot reply to topics in this forum