Business
Cinnamon Hotels & Resorts and Mintpay join forces to transform travel payment solutions
Colombo, Sri Lanka, For Release on 27th July 2023: In a momentous stride towards redefining travel experiences, Cinnamon Hotels & Resorts, Sri Lanka’s leading hospitality chain and Mintpay, the Country’s first Buy Now Pay Later platform, proudly announce their strategic partnership. This collaboration establishes Cinnamon Hotels & Resorts as the first-ever hospitality chain to team up with Mintpay, creating a powerful synergy targeted at Sri Lanka’s evolving age group of 20 to 40-year-old travel and leisure enthusiasts.
In response to the growing demand for flexible payment options and the rise in e-commerce, Cinnamon Hotels & Resorts and Mintpay join hands to provide an innovative and hassle-free method of embracing travel experiences within Sri Lanka with greater financial ease and flexibility.
“The partnership between Cinnamon Hotels & Resorts and Mintpay is a progressive step in reimaging how our guests experience travel and leisure, within the Country,” comments Chief Commercial Officer of Cinnamon Hotels & Resorts, Radhey Tawar. “Our commitment to providing exceptional experiences, combined with Mintpay’s seamless instalment-based payment system, empowers our guests to Stay Now and Pay Later, unlocking a new level of convenience and affordability. By bridging the gap between wanderlust and financial convenience, this partnership promises to elevate the travel experience for a growing market segment in the Country.”
Under the campaign theme of ‘Stay Now, Pay Later’, guests can split their hotel expenses into three interest-free installments, without any additional processing fees or interest. This payment method is available to over 120,000 active Mintpay customers and anyone with a debit or credit card, opening up a world of possibilities for a new generation of travellers.
Commenting on the partnership, “We are absolutely thrilled to join hands with Cinnamon Hotels & Resorts, taking our ‘Travel Now, Pay Later’ services to new heights. This remarkable collaboration marks a significant milestone for Mintpay, as it enables local travellers to have the flexibility to enjoy their dream getaway without compromising on their budget. We hope this will be a pivotal point in unlocking the full potential of Sri Lankan domestic tourism,” said Kukaraj, Co-Founder and Chief Executive Officer of Mintpay.
Business
AHK Sri Lanka champions first-ever Sri Lankan delegation at Drupa 2024
The Delegation of German Industry and Commerce in Sri Lanka (AHK Sri Lanka) proudly facilitated the first-ever Sri Lankan delegation’s participation at Drupa 2024, the world’s largest trade fair for the printing industry and technology. Held after an eight-year hiatus, Drupa 2024 was a landmark event, marking significant advancements and opportunities in the global printing industry.
AHK Sri Lanka played a pivotal role in organising and supporting the delegation, which comprised 17 members from the Sri Lanka Association for Printers (SLAP), representing eight companies from the commercial, newspaper, stationery printing, and packaging industries. This pioneering effort by AHK Sri Lanka not only showcased the diverse capabilities of Sri Lanka’s printing sector but also facilitated vital bilateral discussions with key stakeholders from the German printing industry.
Business
Unveiling Ayugiri: Browns Hotels & Resorts sets the stage for a new era in luxury Ayurveda Wellness
In a captivating reimagining of luxury wellness tourism, Browns Hotels & Resorts proudly unveiled the exquisite Ayugiri Ayurveda Wellness Resort Sigiriya. This momentous occasion, celebrated amidst a vibrant and serene grand opening on the 6th of June, heralds a new chapter in the Ayurveda wellness tourism landscape in Sri Lanka. Nestled amidst 54 acres of unspoiled natural splendour, Ayugiri features 22 exclusive suites and stands out as the only luxury Ayurveda wellness resort in the country offering plunge pools in every room, rendering it truly one-of-a-kind.
The grand opening of Ayugiri Ayurveda Wellness Resort was an enchanting event, where guests were captivated by the melodies of flutists and violinists resonating through Sigiriya’s lush landscapes. As traditional drummers and dancers infused the air with vibrant energy, Browns Hotels & Resorts’ CEO, Eksath Wijeratne, Kotaro Katsuki, Acting Ambassador for the Embassy of Japan and General Manager, Buwaneka Bandara, unveiled the resort’s new logo, marking a significant moment witnessed by distinguished guests from the French Embassy, Ayurveda and wellness enthusiasts along with officials from the Sigiriya area, LOLC Holdings and Browns Group.
“Our strategic expansion into wellness tourism with Ayugiri Ayurveda Wellness Resort Sigiriya symbolises a significant milestone for Browns Hotels & Resorts. Wellness tourism has consistently outperformed the overall tourism industry for over a decade, reflecting a growing global interest in travel that goes beyond leisure to offer rejuvenation and holistic well-being. By integrating the timeless wisdom of Ayurveda with modern luxury, we aim to set a new standard in luxury wellness tourism in Sri Lanka. Whether your goal is prevention, healing, or a deeper connection to inner harmony, Ayugiri offers a sanctuary for holistic well-being” stated Eksath Wijeratne.
Ayugiri encapsulates the essence of life, inspired by the lotus flower held by the graceful queens of the infamous Sigiriya frescoes. Just as the lotus emerges from the murky depths, untainted and serene,
Ayugiri invites guests on a journey of purity and rejuvenation, harmonised with a balance of mind, body and spirit, the essence of nature, echoes of culture and the wisdom of ancient Ayurvedic healing.
Business
HNB General Insurance recognized as Best General Bancassurance Provider in Sri Lanka 2024
HNB General Insurance, one of Sri Lanka’s leading general insurance providers, has been honored as the Best General Bancassurance Provider in Sri Lanka 2024 by the prestigious Global Banking and Finance Review – UK.
The esteemed accolade underscores HNB General Insurance’s unwavering commitment to excellence and its outstanding performance in the field of bancassurance. Through dedication and hard work, the HNB General Insurance team has continuously endeavored to deliver innovative insurance solutions, cultivate strong relationships with banking partners, and provide unparalleled service to customers nationwide. This recognition is a testament to the team’s dedication and relentless pursuit of excellence in the bancassurance business.
“We are honored to receive this prestigious award, which reflects our team’s tireless efforts and dedication to delivering value-added insurance solutions and exceptional service through our bancassurance partnerships,” said Sithumina Jayasundara, CEO of HNB General Insurance. “This recognition reaffirms our position as a trusted insurance provider in Sri Lanka and motivates us to continue striving for excellence in serving our customers and communities.”