City of Dreams casino and luxury hotels to boost Sri Lanka’s tourism game

Sri Lanka’s City of Dreams integrated resort, built by John Keells Holdings, with a casino and Nuwa hotel by its partner Melco Resorts and Entertainment, expects to reposition Colombo to the top end of the tourism market, officials said.

The 1.2 billion US dollar integrated resort was conceptualized in 2010-2011, after a 30-year war and John Keells was looking for ways to strengthen Sri Lanka’s tourism potential.

The City of Dreams has a Cinnamon Hotel, Melco casino and its Nuwa Hotel, apartments, shopping mall, conference and banqueting space and restaurants which will have spillover effects similar to Marina Bay sands in Singapore, he said.

Melco has gaming resorts in Macau, Manila and Cyprus. Sri Lanka has the chance to be what Macau is to China, Sri Lanka is perfectly positioned as a gateway to key feeder markets, including India, China, Russia, the Middle East, with India in particular showing tremendous growth in its affluent middle and upper classes.”

 

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