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New hotel CINNAMON RED - Rs.3.5 b investment opens on Monday

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The Investor Sentiment - Equity and investments forum for Sri Lankans :: Equities :: News
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chinwi
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New hotel CINNAMON RED - Rs.3.5 b investment opens on Monday Empty New hotel CINNAMON RED - Rs.3.5 b investment opens on Monday

Thu Aug 28, 2014 2:09 pm
The first of September heralds a brand new chapter for the Cinnamon Hotels & Resorts chain (JKH) as the country’s first-ever ‘lean luxury’ hotel with a Rs.3.5 billion investment opens its portals to pioneer a completely new lifestyle experience in city hospitality.

Conveniently located at Ananda Coomaraswamy Mawatha in Colombo 3 (formerly Green Path), Cinnamon Red introduces the concept of lean luxury, aimed at invigorating the quintessence of travel, bridging luxury and affordability with intuitive service, modern technology and a range of facilities.

Deputy Chairman and President Leisure Sector of John Keells Holdings Ajit Gunewardene said: “We are in the business of crafting inspiring experiences and our goal is to create a Sri Lankan brand that is recognised internationally.

New hotel CINNAMON RED - Rs.3.5 b investment opens on Monday OUTSIDE-LEAD-The-Cinnamon-Red-facade


Cinnamon Red is located at walking distance to 'Pittala Handiya" behind NKAR Travels , midway between Nelum Poluna theater and Kollupitiya Junction.


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Ukboy
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New hotel CINNAMON RED - Rs.3.5 b investment opens on Monday Empty Re: New hotel CINNAMON RED - Rs.3.5 b investment opens on Monday

Thu Aug 28, 2014 5:30 pm
RED..??? Not a good ending I guess. I hardly come a cross any hotel ending RED & personally it does not give a good impression
Will this come under AHPL?
City hotels are struggling a bit against Kingsbury it seems.
Note. Dont have any city hotel shares at the moment.
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