Colombo, Sri Lanka — June 25, 2025: John Keells Holdings PLC (JKH) and Melco Resorts & Entertainment (Melco) proudly announce the grand opening of City of Dreams Sri Lanka on 2nd August 2025. This launch marks the completion of the final components of the project, including a world-class casino, the luxurious Nüwa hotel, and a premium shopping mall.
This milestone partnership represents the debut of South Asia’s first fully integrated resort and Sri Lanka’s largest private sector investment in luxury lifestyle to date — a USD 1.2 billion development that redefines Colombo’s place on the global tourism map.
Strategically located in the heart of Colombo, the integrated resort brings together world-class hospitality, upscale retail, immersive entertainment, and cutting-edge MICE (Meetings, Incentives, Conferences, and Exhibitions) infrastructure into one dynamic destination.
Key Highlights:
- 800 rooms and suites, comprising:
- A 687-room luxury hotel branded Cinnamon Life, launched in October 2024.
- A 113-room ultra-luxury hotel under Melco’s flagship Nüwa brand.
- Expansive MICE facilities, designed to host global business events and conventions.
- State-of-the-art casino and entertainment zone, operated by Melco to international luxury gaming standards.
- Signature dining experiences, curated with internationally acclaimed chefs.
- Immersive entertainment spaces, designed for international performances and cultural showcases.
As City of Dreams expands its iconic brand into a vibrant new market, it capitalises on Sri Lanka’s strategic location and the region’s growing tourism demand. By introducing global expertise in luxury hospitality and gaming, the resort is poised to elevate the standard and appeal of Sri Lanka’s tourism offerings.
City of Dreams Sri Lanka is more than a resort — it is the epicenter of a new lifestyle movement, where modernity, elegance, and local culture converge. The landmark project sets new benchmarks for luxury, sustainability, and community engagement, redefining the region’s tourism narrative.
Strategic Impact:
- Tourism Catalyst:
Positioned to drive a surge in international arrivals — particularly from South Asia — establishing Colombo as a premier MICE destination. - Sustainable Development:
Designed with environmentally friendly technologies and a strong commitment to local art, culture, and community initiatives, reflecting a vision of responsible tourism.
Leadership Perspectives
Krishan Balendra, Chairperson of the John Keells Group, emphasized that the opening of the casino and Nüwa hotel, operated by Melco, marks the realization of a key pillar of City of Dreams Sri Lanka — bringing to life an integrated development envisioned over a decade ago. He noted that this milestone sets a new benchmark in South Asia for world-class lifestyle, entertainment, and retail offerings. Balendra added that with Melco’s globally recognized expertise and exceptional standards, the project is expected to significantly enhance Colombo’s tourism appeal, drive foreign exchange earnings, and create meaningful employment opportunities. “City of Dreams Sri Lanka stands as a bold testament to our confidence in Sri Lanka’s future and our continued commitment to nation-building through transformative investments,” he said.
Lawrence Ho, Chairman and CEO of Melco Resorts & Entertainment, expressed excitement about the launch and the partnership with John Keells. “We are thrilled to be part of this landmark development in Sri Lanka and to be in partnership with John Keells,” he said. Ho believes the country holds immense potential and that this opportunity complements Melco’s existing portfolio of properties. He stated that City of Dreams Sri Lanka is expected to serve as a catalyst for stimulating tourism demand and promoting economic growth in the country, drawing inspiration from successful examples of integrated resorts in other global markets.
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