Sri Lanka is set to elevate its tourism and hospitality landscape with the launch of City of Dreams, South Asia’s first integrated resort of its scale. With a US$1.2 billion investment, this Colombo-based development is designed to attract international visitors, strengthen the nation’s economy, and enhance the city’s status as a high-end destination.
Transforming Tourism & Hospitality
- Largest integrated resort in South Asia, combining hotel, residential, retail, and entertainment facilities.
- Features premium hotel accommodations, a casino, convention spaces, retail outlets, and restaurants.
- Targets high-end visitors from India, China, Russia, and the upper-middle-class segment.
Economic and Employment Impact
- Expected to generate thousands of direct and indirect jobs across construction, hospitality, and related sectors.
- Supports skill development through local workforce training and knowledge transfer.
- Enhances investor confidence in Sri Lanka’s tourism sector.
Elevating Colombo’s Global Profile
- Positions Colombo as a key destination for leisure and entertainment tourism.
- Offers international-standard gaming facilities through Melco Resorts & Entertainment’s management.
- Strengthens Sri Lanka’s appeal to regional and global travelers seeking comprehensive resort experiences.
City of Dreams is ready to change the nation’s tourism and hospitality sector. By attracting global visitors, creating jobs, enhancing infrastructure, and raising Colombo’s international profile, the resort marks a milestone in Sri Lanka’s economic and tourism growth, setting a benchmark for future large-scale developments.
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SOURCES: TRAVEL AND TOUR WORLD
