Sri Lankan Billionaire Plans Two Luxury Hotels by 2025
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Sri Lankan billionaire Dhammika Perera plans to open two luxury hotels, a JW Marriott in Negombo and a Ritz-Carlton in Mirissa, by the end of 2025 after delays due to economic downturn.
The Philippines Dept. of Tourism said estimated visitor receipts from tourists into the Philippines reached US$4.84 billion in the first six months of the year. That was up 32.8% compared to the same period last year. The DOT said the Philippines welcomed 3,173,694 inbound tourists this year as of July 10th, of which 92.6% were foreigners. South Korea remains the nation's top visitor source market with 824,798 visitors followed by the US with 522,667. China is still way down at only 199,939.
Marriott International announced the opening of a new AC Hotel in Gunpo City in southern Gyeonggi in South Korea. AC Hotel by Marriott Seoul Geumjeong is the first international hotel to open in Gunpo. The hotel is in Gunpo's Geumjeong neighborhood about an hour's drive from Gangnam District in Seoul. This is the second AC property to open in Korea, following the one in Gangnam District that opened in 2022. The AC Hotel Seoul Geumjeong is 23 stories high with 1
