Sri Lankan billionaire Dhammika Perera is set to make a significant impact on the luxury hotel industry with plans to open two prestigious hotels, a JW Marriott in Negombo and a Ritz-Carlton in Mirissa, by the end of 2025.
Dhammika Perera, a prominent Sri Lankan billionaire, is gearing up to open two luxurious hotels by the end of 2025. Perera, who is the chairman of Greener Water Limited, a subsidiary of Vallibel One Plc, aims to establish a JW Marriott in Negombo and a Ritz-Carlton in Mirissa. These projects were initially set to launch in 2021 and 2022, respectively, but faced delays due to the economic downturn. Now, with construction back on track, these hotels are expected to redefine luxury hospitality in Sri Lanka.
The JW Marriott in Negombo will feature 500 rooms, offering five-star amenities and exceptional service. Situated in the coastal town of Negombo, this hotel will provide guests with stunning ocean views, world-class dining options, a state-of-the-art fitness center, and an expansive spa. The hotel aims to attract both business and leisure travelers, offering extensive conference facilities and easy access to the Bandaranaike International Airport.
The Ritz-Carlton in Mirissa will provide 228 keys, promising unparalleled luxury and breathtaking views of the Sri Lankan coastline. Mirissa, known for its beautiful beaches and whale-watching opportunities, is the perfect location for a luxury retreat. The Ritz-Carlton will offer a range of luxurious suites and villas, each designed to blend modern comfort with traditional Sri Lankan aesthetics. Guests can expect top-notch dining experiences, a luxurious spa, and personalized service that the Ritz-Carlton brand is renowned for.
These hotels are anticipated to boost the local economy by creating numerous job opportunities and attracting high-end tourists to Sri Lanka. They will also set a new standard for luxury hospitality in the region, drawing attention from global travelers seeking unique and upscale experiences.
Other Global Hospitality Developments
Meanwhile, the Philippines’ Department of Tourism reported a 32.8% increase in visitor receipts, reaching US$4.84 billion in the first half of the year. The country welcomed over 3.17 million inbound tourists, with South Korea, the US, and China being the top sources of visitors. Marriott International continues to expand its presence in Asia, with the opening of a new AC Hotel in Gunpo City, South Korea.
Other notable developments in the hotel industry include the launch of MGM Shenzhen in China, the upcoming closure of Hotel COZI in Tin Shui Wai, Hong Kong, and the ongoing renovation of Amara Singapore. Additionally, the Indochina Kajima Development Company Limited announced the construction permit for Mandarin Oriental, Bai Nom, in Vietnam.
Fortune Hotels, a member of ITC’s hotel group, plans to open Fortune Select Airport Road in Ayodhya by FY2027-2028. Eight Continents Hotels & Resorts has expanded its portfolio with the addition of Stamps Kana in Jodhpur, India, catering to corporate travelers, leisure guests, and MICE events.
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