The Northern Investment Summit 2026 will be held 21–22 Jan in Jaffna to attract investment into the Northern Province, backed by government, India mentorship and private partners; Hatton National Bank is partnering to provide finance and support capital access.
Sri Lanka will host the 39th CACCI Conference and Expo on 10–11 November 2025 at Cinnamon Life, Colombo. The event is expected to attract Asia-Pacific business leaders and investors and provide significant MICE, export and digital-networking opportunities for Sri Lankan hotels, exporters and service providers.
TourismExportersIT & Digital
Ada Derana·Sep 24, 2025·Award or certificationNegative
The ILO held a high-level regional dialogue in Colombo (23–26 Sep 2025) to advance living wages and launched the Asia‑Pacific Digital Repository for Minimum Wages. The initiative seeks to align wage-setting with ILO principles, which could affect labour costs in the hospitality sector.
TourismIT & Digital
Ada Derana·Sep 23, 2025·Promotional / marketingPositive
Sri Lanka MICE Expo 2025 opened on 23 September at Cinnamon Life, hosting 115+ international MICE and travel operators and expected to facilitate over 10,000 B2B meetings to promote Sri Lanka as a MICE destination.
SLTDA cut Sri Lanka's 2025 tourist arrival forecast to 2.6 million (from 3.0 million) as the SATA 2025 forum in Colombo pushed for regional collaboration, joint marketing and tech-driven, regenerative tourism to boost the sector.
TourismIT & Digital
Ada Derana·Sep 18, 2025·Promotional / marketingPositive
Karma Fight League (KFL 006) will be held at Cinnamon Life on October 11, bringing international fighters and fans to Colombo and expected to boost tourism and hotel demand in the city.
The public holding in Kandy Hotels Company (KHC.N0000) rose to 23% in August from 15.98% in June after non-public shareholders sold shares. Ambeon Holdings (GREG.N0000) bought a 6.09% stake for Rs 550.8m; KHC is a subsidiary of Ceylon Hotels Corporation (CHOT.N0000) and its stock closed at Rs 17.90 (up Rs 0.30).
Ambeon Holdings bought a 6.09% stake (45,904,622 shares) in The Kandy Hotels Company (1938) PLC for 550.8 million rupees at Rs12/share. Kandy Hotels, a subsidiary of Ceylon Hotels Corporation, was trading at Rs17.50.
Tourism
Daily FT·Jul 29, 2025·Management or board changePositive
Chandana Amaradasa was elected President of the Australia-New Zealand Business Council (SLANZBC) and urged Australian and New Zealand investment to expand Sri Lanka's tourism capacity, noting only ~9,500 of ~50,000 rooms are 4- and 5-star. Panelists also flagged raising digital economy contribution to 15% of GDP by 2030 and boosting NZ arrivals from 10,000 to 50,000.
TourismIT & Digital
Ada Derana·Jul 29, 2025·Management or board changePositive
Chandana Amaradasa was elected president of the Australia-New Zealand Business Council and urged ANZ investment to expand Sri Lanka's tourism capacity; New Zealand plans to boost arrivals from 10,000 to 50,000 and the government aims to lift the digital economy to 15% of GDP by 2030.
Sri Lanka launched the UAE chapter of the Sri Lanka Conference Ambassador Programme on 29 April 2025 to promote MICE events and attract international conferences to Sri Lanka, boosting demand prospects for local hotel operators and Cinnamon Life’s 160,000+ sq ft MICE space. Ten ambassadors were appointed for 2025/2026.
Tourism
Ada Derana·Apr 29, 2025·Promotional / marketingPositive
The Sri Lanka–Italy Business Council and the Italian Embassy hosted a workshop on 'Winning & Retaining Italian Tourists' to discuss Italian traveller preferences and strategies to boost arrivals. Industry leaders and Italian agents discussed personalised itineraries, language issues and service standards to improve Sri Lanka's competitiveness.
Tourism
Ada Derana·Apr 8, 2025·Promotional / marketingPositive
Speakers at a Sri Lanka–Italy forum recommended targeting mid-to-high-range Italian tourists (age 40–69) as the key demographic to grow arrivals from Italy, which contributed just 39,000 visitors to Sri Lanka in 2024; digital marketing and combined Sri Lanka–Maldives itineraries were highlighted.
TourismIT & Digital
Ada Derana·Apr 4, 2025·Promotional / marketingPositive
Cinnamon Hotels & Resorts has appointed AVIAREPS India to lead its PR and brand positioning in India to attract luxury and experiential travellers, while expanding its portfolio (including Cinnamon Life and new Kandy Myst) amid Sri Lanka's tourism recovery.
Tourism
Ada Derana·Mar 28, 2025·Promotional / marketingPositive
Sri Lanka Tourism launched the 'Sri Lanka, A Story for Every Season' influencer-driven campaign to boost summer travel, targeting 2.2 million travel enthusiasts and over LKR 32 million in media coverage. The campaign follows a strong winter peak with 665,295 arrivals by March 23, 2025.
Sri Lanka Agripreneurs Forum hosted a workshop on carbon footprint and climate reporting as SLFRS S1 and S2 have become mandatory for listed companies in Sri Lanka; the event covered emissions measurement, reporting practices and trends in climate finance.
The Lanka India Business Association (LIBA) was launched in Sri Lanka to strengthen business links with India, aiming to boost trade, tourism, tech/start‑ups and exports (including tea and garments). The governing council comprises senior Sri Lankan business leaders from multiple industries.
Sri Lanka Agripreneurs Forum held a workshop on carbon footprint and climate reporting, highlighting that SLFRS S1 and S2 are now mandatory for listed Sri Lankan companies. Experts shared practical guidance on emissions calculations, climate finance and sustainability reporting, and SLAF will expand the series.
Tourism
Daily FT·Mar 14, 2025·Award or certificationPositive
Conservation International CEO Dr. M. Sanjayan said Sri Lanka has huge potential to offer the world due to its biodiversity and can align development with conservation. His remarks were made at a 'Create the Future' event co-hosted by Academics Group and JKH Group.
Aloe Blacc arrived in Colombo for a two-day visit and said he is prepared to invest in Sri Lanka, including the tourism sector. He will meet government officials, entrepreneurs in cashew, coconut, organic goods, energy drinks and Ceylon cinnamon, and engage with biotechnology and investment stakeholders.
President Dissanayake said Budget 2025 aims to raise government revenue to 15.1% of GDP and use a three-year debt moratorium under the IMF program to restore debt repayment capacity by 2028. The budget highlights tourism promotion, a port‑centric transshipment hub and rural SME development, measures likely to benefit listed hotels.
TourismExportersConstruction Activity
Ada Derana·Feb 12, 2025·Promotional / marketingNegative
Cinnamon Hotels & Resorts has opened Kandy Myst by Cinnamon on Feb 12, 2025 — a USD 40 million, 215-room hotel, the largest room inventory in Kandy. The property features a 500-seat buffet restaurant, Kosmos Skybar with infinity pool and Terra Lounge.
A session at the Sri Lanka Economic Summit on 29 Jan will focus on 'Maximising Tourism Potential', targeting USD 8.5 billion in tourist earnings by 2030. Panelists include executives from Cinnamon Hotels and Aitken Spence, with Dialog Axiata among event partners.
The 31st FACETS Gem & Jewellery Show will run 4–6 Jan 2025 at Cinnamon Grand, Colombo, drawing international traders and organisers aiming to help the gem sector reach $1bn in exports; the event is expected to boost tourism and hotel activity in Colombo.