Minor invests in the Sri Lanka holidays market
Proving that the market of Sri Lanka holidays is looking more attractive than ever after the end of the country's civil war in the north, the hospatility brand Minor International has announced a series of key investments in the Sri Lanka holidays market.
Thai hospitality brand Minor International has secured a key investment in the booming Sri Lanka holidays market with the acquisition of local resort owner and developer, Cyprea Lanka.
With some of Cyprea Lanka Pvt.'s assets including the Kani Lanka Resort & Spa, Kalutara, and an adjacent plot of land primed for the development of the Anantara brand, the total acquisition and development investment by Minor represents an 80.1 % stake at an estimated value of US$22 million.
Taking a firm step to get a good share of the blossoming market of Sri Lanka holidays, Serendib Hotels, which Minor also acquired in 2007, will buy the remaining stake and it is expected that Minor will oversee the operation of the Kani Lanka Resort & Spa as part of the company’s ever increasing portfolio of global properties.
The venture is also creating an opportunity to introduce an Anantara branded property to the Sri Lanka holidays hospitality industry by developing the adjacent prime beachfront location.
Focusing on the latest and most immediate accquisition from Minor, with the buying of the Kani Lanka Resort & Spa, the group has invested in a top class hotel providing luxury Sri Lanka holidays. Nestling the picturesque confluence of the majestic Kalu Ganga River and vast Indian Ocean along the south west coast of Sri Lanka, Kani Lanka Resort & Spa resides 76km and a 2 ½ hour drive from the International Airport, and 10 minutes from the historical town of Kalutara.
Nearby heritage sites include the world’s only hollow Buddhist shrine and an elegant plantation mansion. The resort itself, originally designed by a French architect, has been re-designed by renowned architect Geoffrey Bawa. Blending colonial charm and authentic Sri Lankan culture with state of the art comforts, 99 superior rooms and 6 suites boast spectacular ocean, river and garden views from private balconies or patios.
William E Heinecke, Chairman and CEO of Minor International expressed his joy over Minor's expansion in the Sri Lanka holidays market, “We are delighted with this new acquisition on many levels. Firstly the investment enriches our foothold in Sri Lanka; a destination which we view as offering immense potential. Moreover the specific location of the pending Anantara property offers a perfect fit with the brand’s promise of immersing story collecting travellers in the world’s most enchanting settings through unique discovery experiences, underpinned by true connoisseurship and luxurious, heartfelt hospitality.”
Talk to a specialist
Call 020 7644 1770 to speak with our award-winning travel consultants.
Opening hours 09:00 - 20:00 GMT
Popular Holidays In Sri Lanka Browse all
Discover the beautiful Sri Lankan nature, located beside a perfect strech beach on the Island's West Coast
- Beautifully located beside a perfect stretch of sandy beach on the island's west coast
- Modern and comfortable rooms with breathtaking sea views
- Choose from the open air terrace offering delicious traditional and international cuisines
Enjoy a wonderful beachside haven of tranquillity, days of luxury and the chance to see the island's green hills carpeted by lush plantations
- All rooms feature a Balcony or Terrace with spectacular views
- Enjoy the huge selection of activities including Volleyball, Tennis, Squash & more
- Relax at the Ayurveda Wellness & Spa with the best quality services that will make your stay unforgettable
Discover local life in a fishing village, explore rainforests, Temples and much more on Sri Lanka's West Coast, and enjoy great value for money
- All rooms include a balcony or terrace with either Partial Sea View or Ocean View
- Enjoy Yoga, Snooker, access to 2 Swimming Pools & much more
- Access to the Sahana Spa and leave your daily stress behind with the magical touch of various spa treatments
Marvel at the Magnificent Taj Mahal and discover the Forts of Rajasthan then head south to enjoy an all inclusive beach holiday in Sri Lanka
- Enjoy a Horse Carriage & ride while visiting the Taj Mahal & Elephant Ride to Amber Fort*
- Enjoy a Rajasthani Feast in Jaipur
- Complete your stay with an All Inclusive break in Sri Lanka - Staying at the Beachside Haven Tangerine Beach
Soak up the sunshine that pours down on Sri Lanka's Indian Ocean coastline at Tangerine Beach. Make the scenic resort...
Sri Lanka is the land of endless natural beauty, with ancient sight and cultural treasure, you'll be sure to embark on a...
This fantastic package allows you to discover the delights of the Superior Golden Triangle Tour where you will explore...
There are few better places from which to enjoy the calming effect of the Indian Ocean breeze than at Avani Kalutara in...
Take a trip to Sri Lanka and enjoy the warm hospitality at Avani Bentota. It is a resort located along the popular...
Discover a world of peace and relaxation at the all-inclusive Mermaid Hotel Club in the gorgeous Kalutura Beach, Sri...