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Brown Investments Acquires 55.65% Controlling Stake of Serendib Hotels, The Big Banana Set to Embark on AUD50 million Masterplan Over 20 Years in Australia, Tripartite Partnership to Launch Stimulus Recovery Plan Campaign in Malaysia, New MYR425 Million Ipoh Convention Centre to Boost Business Tourism.
Itching for a Surf Trip? Try the Maldives. With global COVID-19 travel restrictions, the Maldives remain open for (surf) business Photo: Dara Ahmed Link copied to clipboard Back in the late 1970s, Tony Hussein, an Aussie nomad in search of undiscovered surf, was shipwrecked on a reef 30 miles from the Maldivian capital of Male. After a few months stranded, Hussein built his own dhoni, sailing it through the atolls, until he stumbled upon a perfect A-frame breaking off the tiny island of Thanburudhoo. Satisfied, it was then that Hussein said to himself, “my road stops here.” Since Hussein...
S$1,799/villa View package options Share Maldives Private Island Escape with Daily Dining, Nightly Free-Flow Cocktails & Return Speedboat Transfers Immerse yourself in an island escape where the reality is even more magical than the fantasy at the breathtaking Centara Ras Fushi Resort & Spa Maldives — currently ranked in Tripadvisor’s top two hotels in Malé. A child-free oasis overlooking the glistening blue lagoon, this gem in the ocean sits less than a 20-minute speedboat ride from Malé Airport. Elegant, secluded thatched villas rise above the impossibly blue waters or rest on the s...
By Duruthu Edirimuni ChandrasekeraView(s): Mr. Ishara Nanayakkara, BI Chairman Betting long-term on the revival of the tourism industry, the country’s fastest growing conglomerate, LOLC Group’s strategic investment arm, Browns Investments PLC’s (BI) subsidiary Eden Hotel Lanka PLC on Tuesday bought a controlling stake of 55.65 per cent in Serendib Hotels PLC from Hemas Holdings PLC. BI officials told the Business Times that LOLC is focused on expanding in the hotel sector in Sri Lanka and the Maldives. “We expect a revival in the tourism sector post COVID-19. This purchase was targe...
Thursday 17 December 2020 The winner and a guest will spend five nights in an Oceanview Pool Villa at Banyan Tree Vabbinfaru in the North Malé Atoll in the Maldives. The island-inspired interiors of the private villa open onto a secluded terrace, pool and hot tub. Steps from the private garden lead right down onto the beach. Daily breakfast and supper are included in the stay. The prize-winner and their guest can choose to dine at beachfront restaurants Ilaafathi and Sangu for freshly caught Maldivian yellowfin tuna, red snapper and sea bass, or the hotelâs Naiboli beach bar, which is...