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Sri Lankan Billionaire Plans Two Luxury Hotels by 2025

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.
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Delta Flying High, Investors Feeling Low

Delta triggered anxiety with some of its commentary last week. But the concerns apply more to Delta’s low-cost rivals, with their domestic-heavy networks and no-frills service. Delta itself remains all smiles as it enters the second half of the year.
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Corinthia Hotels Debuts in New York City

The Surrey, A Corinthia Hotel's New York City opening marks Corinthia's North American debut with luxury accommodations, exclusive dining, and private residences.