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Management and Finance

Management and Finance

Public sector nets Rs. 8.3b profits from tourism

Public sector institutions in the country earned a whopping Rs. 8.3 billion last year from tourism-related services, the Tourism Development Minister told Parliament on...

First Sri Lankan tourism management accreditation unveiled

Sri Lanka’s first ever professional management accreditation for its surging tourism and hospitality sector has been unveiled in Colombo. Inaugurating the Certified Hospitality Finance &...

Government to Compete with International Booking Engines

Sri Lanka's government will set up a common booking platform for hotels in the country in place of international booking engines, Finance Minister Ravi...

financing

We are presently seeking international portfolio diversification as a business expansion strategy for our investors.We specializes in raising capital for public or privately owned...

ONYX Hospitality Group appoints Simon Dell as Vice President and Area...

Thailand-based ONYX Hospitality Group appoints Simon Dell as its new Vice President and Area General Manager for Sri Lanka. In his new role, Dell...

CICT becomes first terminal operator in Colombo to implement ‘e Boat...

Colombo International Container Terminals (CICT) has become the first terminal operator in the Port of Colombo to implement ‘e Boat Notes’ in collaboration with...

Will structural reforms make it to the G7 agenda?

By Yukinobu Kitamura Later this month, Japan will host the 42nd G7 summit. One point of discussion will be Japan’s plan to increase its...

Are you asking the right questions on your taxes?

Hotel owners and operators annually review each line of an asset’s profit and loss statement but are you asking the right questions? From 2012...

Parental leave, increased wages hot-button hotel workforce issues

The U.S. closed out 2015 with positive job creation numbers, generating 2.65 million new positions last year, according to a report released by Marcus...

New York workers prepare for wage increases

Call them "living wages" or "extreme wage initiatives," but wage increases are coming to America's workers. Industry groups such as the American Hotel &...