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Sri Lanka: John Keells Hotels raising Rs. 3.64 bn. for expansion & refurbishment

PLC , anticipating growth in tourist arrivals to Sri Lanka, is raising funds through a rights issue to expand and improve its portfolio of hotel rooms and related services to meet the expected increase in demand of three to five star rooms in the country, shareholders have been told.According to our correspondent, KHL has announced a rights issue …

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Sri Lanka: John Keells Hotels raising Rs. 3.64 bn. for expansion & refurbishment

Job Searchers, Take Hope

The country’s unemployment rate still hovers at 10 percent, and a new report says job cuts in January were at a five-month high.

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Job Searchers, Take Hope

Calif. court nixes $21M claim against travel sites

A judge ruled Monday that online travel sites such as Expedia do not owe the city of Anaheim $21 million in hotel taxes for rooms booked over the Internet, the first ruling of its kind in California on an issue that has bubbled up in cities across the country.

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Calif. court nixes $21M claim against travel sites

Alila Hotels Expands Into India

Singapore-based luxury boutique hotel chain Alila Hotels and Resorts has come to India and built its first hotel in Goa, the country’s popular tourist destination, with an investment of Rs.100 crore.

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Alila Hotels Expands Into India

UK: Travelodge Plans 26 New Hotels

Budget hotel chain Travelodge has revealed that it will open new hotels in Lancashire this year as part of a countrywide expansion creating over 500 new jobs.

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UK: Travelodge Plans 26 New Hotels

Marriott International to introduce its brand to Vietnam

Marriott International has signed an agreement with Sao Sang Nha Trang Co. Ltd. that will result in the opening of its first deluxe Marriott Hotels & Resorts -branded hotel in Vietnam in 2013 and its fifth property in the country.

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Marriott International to introduce its brand to Vietnam

Sri Lanka’s John Keells Holding To Expand

Sri Lanka’s John Keells Holdings is ready to invest nearly 6.0 billion rupees over the next two to three years in upgrading and building new hotels if tourism arrivals pick up after the end of a 30-year war as expected, an official said.

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Sri Lanka’s John Keells Holding To Expand

Someone needs to tell Holiday Inn that is 2009, not 1979; Company’s…

Someone needs to tell Holiday Inn that is 2009, not 1979; Company’s special offer is no joke for mother-in-laws Sally Williams THIRTY years ago, the mother-in-law joke was the staple diet for comedians in pubs and clubs up and down the country.

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Someone needs to tell Holiday Inn that is 2009, not 1979; Company’s…

Transat links with big French travel agency

Canadian tour operator Transat A.T. says it is expanding its retail reach in France by teaming up with the country’s largest travel agency network.

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Transat links with big French travel agency

Vietnamese Businessmen To Invest In Myanmar Hotels

Vietnamese businessmen will invest in Myanmar hotel industry for the first time as part of its engagement in the country, sources with the Myanmar Hoteliers Association said on Wednesday.

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Vietnamese Businessmen To Invest In Myanmar Hotels

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