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The Rise of Aviyana: Sri Lanka’s luxury hospitality revolution

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Dr. Thisara Hewawasam

By Saman Indrajith

As Sri Lanka ushers in 2025, the nation prepares to unveil a game-changing addition to its hospitality landscape—Aviyana Ceylon, the country’s first seven-star luxury hotel. Situated amid the serene hills of Udispattuwa, Kandy, this extraordinary property promises to set a new global benchmark for opulence and innovation. Spanning 24 acres with a masterfully designed balance of wellness and bespoke experiences, Aviyana offers an unparalleled blend of tranquility and adventure, crowned by breathtaking views of the Knuckles Mountain Range.

“Aviyana Ceylon is not just a hotel; it is a gateway to Sri Lanka’s future as a global leader in luxury hospitality. This year, we welcome the world to discover the extraordinary – a legacy that celebrates both innovation and our nation’s rich cultural heritage,” said Dr. Thisara Hewawasam, Chairman of Aviyana during an interview with the Sunday Island.

Excerpts of the interview:

Q: What inspired you to create Sri Lanka’s first seven-star luxury hotel, Aviyana Ceylon, and how do you see it reshaping the country’s hospitality landscape?

A: Tourism in Sri Lanka dates to the arrival of Prince Vijaya, followed by centuries of foreign visits driven by trade. However, in modern times, there’s been a shift towards offering more than just basic accommodation for tourists. While Sri Lanka attracts around two million visitors annually, spending an average of USD 2,000 each, countries like the Maldives see tourists spending up to USD 5,000. To bridge this gap, I believe Sri Lanka needs a new kind of luxury experience.

We currently lack facilities that cater to high-net-worth individuals. The star hotels in Sri Lanka, typically charge between Rs 15,000 and Rs 75,000 per night, while few top-tier hotels charge over Rs 200,000. To attract ultra-wealthy tourists, we need a seven-star hotel that offers unparalleled luxury, combining all the best facilities under one roof.

Aviyana Ceylon is designed with this vision in mind: to raise the average income from foreign guests and contribute to the local economy. Many feared this ambitious project would fail, especially since most leading hotels here are international chains. However, our focus is on promoting Sri Lankan culture, wellness, traditional medicine, and Ayurveda, which will strengthen our identity in the hospitality industry. This marks a pivotal moment for Sri Lanka’s tourism.

Q: Aviyana Ceylon, nestled in the hills of Kandy, emphasizes wellness and bespoke experiences. How does the hotel blend Sri Lanka’s cultural heritage with modern luxury?

A: There are two key factors when creating a memorable resort experience: the facilities provided and the location’s offerings. At Aviyana Ceylon, we excel in both. While other hotels, like Mount Lavinia, boast a heritage and coastal view, Aviyana’s location is unique. It offers a sweeping view of one-tenth of Sri Lanka’s land area, spanning five districts. This breathtaking scenery is complemented by a diverse climate, where guests can experience five different temperatures in a single day—something no other hotel in the country offers.

Our surroundings are rich with nature—lush greenery, medicinal plants like Aralu and Nelli, and pure water from the Knuckles range, considered the cleanest in the world. The area also offers activities such as bungee jumping, bird watching, and hiking, all framed by nature’s beauty.

Beyond nature, we bring Sri Lanka’s renowned hospitality to the forefront. We celebrate our food culture by serving dishes from King Rajasinghe’s menu, where food offers both nutrition and medicinal benefits. We also embrace customer-centric service, adjusting the hotel’s offerings to suit the guest’s preferences, from security to connectivity.

Aviyana Ceylon will host traditional events weekly, featuring artists from the Dalada Perahera in Kandy. We’re also bringing world-renowned chefs who have not visited Sri Lanka before. Security is a top priority, with advanced systems ensuring the safety of all guests. The hotel includes an on-site hospital, helicopter service, and an underground area for emergencies.

Aviyana Ceylon also stands out by offering unique experiences, such as temporary ordination for Buddhist guests, access to indigenous medicine, and a dedicated hospital and helicopter service for emergencies. This fusion of luxury, culture, and wellness creates an unforgettable experience.

Q: Aviyana’s strategic partnership with the Al Nahyan Royal Family of Abu Dhabi is a significant milestone. How do you see this collaboration enhancing Sri Lanka’s global appeal as a luxury travel destination?

A: When we first approached the royal family, they viewed Sri Lanka only as a country from where they get their housemaids. To change this perception, we showed them a five-minute video showcasing the beauty and offerings of the country, which they found astonishing. This seven-star hotel concept is designed to cater to wealthy clients from Arabic countries, who have long played a key role in international trade, from the Silk Route to modern times. The Al Nahyan family has been instrumental in connecting us with high-net-worth individuals. We plan to expand our partnerships globally, reaching markets in India, the US, Europe, Russia, and other Western countries. Our vision is to host not only the royal family but also former world leaders, renowned sports figures, and artists at Aviyana Ceylon.

Q: Sustainability is often a key focus in high-end hospitality today. How does Aviyana Ceylon balance opulence with environmental responsibility, particularly in Kandy’s scenic highlands?

A: At Aviyana Ceylon, sustainability is integral to our design. We only removed 33 trees, leaving much of the 24-acre property untouched. Instead of building a massive 6,000-7,000 room hotel, we chose just eight acres for construction. We’ve also launched the ‘Breath’ project, planting 33,000 trees to date. Acknowledging the impact of carbon emissions, we invite guests to plant a tree during their visit, with their name and GPS location, so they can track its growth worldwide.

Given the hotel’s mountaintop location, we ensure no waste leaves the property. We’ve implemented an advanced Japanese waste recycling system at a significant cost. Wastewater is treated before being released into the ground. Our broader vision is to create a tourism zone in Kandy, linking local attractions like Victoria Falls, the Knuckles Range, and the Dalada Maligawa, positioning the area as a major tourism hub in the next 10-15 years.

Q: As Aviyana prepares for its grand opening, what specific features or experiences do you believe will set it apart from other luxury hotels, and what are your long-term aspirations for the brand?

A: Sri Lanka, known mainly for cricket and Ceylon tea, lacks a strong tourism brand and policy. Despite being one of the best destinations globally, we fail to leverage the opportunities tourism presents. Aviyana Ceylon aims to change that by becoming Sri Lanka’s defining luxury brand, much like cricket. We’re working with top global influencers to promote the hotel, with plans to invite one from each of 160 countries to cover our opening. With social media reach, we hope to captivate millions worldwide, offering a marketing campaign unlike anything seen before.

Our goal is to create a lasting impact not only for Aviyana Ceylon but for Sri Lanka’s tourism sector. We plan to introduce a hotline and travel insurance for all tourists to enhance their experience, benefiting the entire industry.

As we near completion of the seven-star hotel, we expect heads of state from Arab countries to attend our opening. With the government’s support, we anticipate a 20% boost in tourism revenue and increased hotel prices in Colombo. Looking ahead, we’re also planning the Aviyana-2 project, with a world-first gem showroom and hospital, bringing Sri Lanka’s pride to the global stage.



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Parliament rocked by LKR 13.2 billion NDB fraud: Systemic failure or regulatory lapse?

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Ravi Karunanayake and Bimal Ratnayake

The corridors of power in Sri Lanka’s Parliament became a theater of intense debate on April 7, 2026, as lawmakers confronted the fallout of the National Development Bank (NDB) fraud scandal. What began as a Securities Exchange Commission (SEC) disclosure has now transformed into a scathing critique of the nation’s financial regulatory domain.

Opposition MP Ravi Karunanayake took to the floor to demand accountability, not just from the bank, but from the regulatory authorities themselves. Highlighting the alarming jump in reported losses – from an initial LKR 380 million on April 2nd to a massive LKR 13.2 billion by April 6th – Karunanayake questioned how such a systemic breach could occur undetected.

“I want to focus your attention on the operations… and its supervision process,” Karunanayake told the House. “I was more shocked about what we heard at the Public Finance Committee… as there was no one to take the responsibility for detecting this earlier”.

The MP emphasised that his intention was not to trigger a ‘run’ on the bank, but to ‘purify’ oversight mechanisms, which he suggested had failed in their primary duty of early detection.

The gravity of the situation was underscored by Minister Bimal Ratnayake, who confirmed that the President has been formally briefed on the fraud. The Minister assured Parliament that the administration would take all necessary actions to ensure ‘financial sector’s discipline’ in the wake of this fraud.

Regulatory authorities have already moved to assert authority, issuing a statement on April 5, 2026, to provide oversight and maintain liquidity stability. However, the ‘appropriate regulatory support’ mentioned came with heavy strings attached as follows:

Dividend Freeze: The bank was ordered to immediately suspend cash dividends scheduled for distribution in April 2026.

Operational Curbs: NDB has been directed to restrict discretionary spending and halt all branch expansions until further notice.

Forensic Mandate: Under regulatory and board pressure, NDB is appointing an independent forensic auditor to conduct an impartial review of its systems.

The LKR 13.2 billion fraud is estimated to impact NDB’s unaudited total asset base by 0.7%. While NDB Chairman Sriyan Cooray and CEO Kelum Edirisinghe were noted for their expertise by Ravi Karunanayake, the focus has shifted toward the systemic vulnerability of the sector. As the criminal investigation and internal inquiries proceed, the primary question remains: how did a fraud of this magnitude remain invisible to the regulators until it reached the breaking point?

With the Public Finance Committee now involved, the NDB incident is no longer just a corporate crisis – it is a test of the integrity of Sri Lanka’s entire financial supervisory framework.

By Sanath Nanayakkare

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Ceylon Chamber of Commerce announces leadership transition

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Shiran Fernando / Perera / Alikie

The Ceylon Chamber of Commerce announces a planned and orderly leadership transition, underscoring its commitment to strong governance, leadership continuity, and long-term institutional stability.

Accordingly, Shiran Fernando has been appointed Secretary General and Chief Executive Officer, effective 8th May 2026, succeeding . Buwanekabahu Perera, who will conclude a three-year tenure at the helm of the Chamber.

Commenting on the transition, Krishan Balendra, the Chairperson of The Ceylon Chamber of Commerce stated:

“This leadership transition reflects the Chamber’s long-standing belief that strong institutions are built through continuity, sound governance, and deliberate succession planning. Over the past three years, the Chamber has been further strengthened institutionally, allowing us to move forward with confidence. The Board is fully assured that this transition will ensure stability while positioning the Chamber to meet the evolving needs of our members and the broader economy.”

Supporting this transition, institutional stability is further reinforced by the continued leadership of Ms. Alikie Perera, who serves as Deputy Secretary General, Chief Operating Officer / Financial Controller and CEO of GS1 Lanka. With over three decades of service spanning multiple leadership cycles and governance eras, including service under 16 successive Chairpersons, she has been instrumental in sustaining the Chamber’s operational integrity and financial discipline. Notably, she has played a key role over two decades in steering the Chamber’s flagship platforms, including the Sri Lanka Economic and Investment Summit (SLEIS) and the Best Corporate Citizens Awards [BCC Awards], both of which have become nationally and internationally recognised benchmarks. Her continued role provides assurance that institutional memory and organisational continuity remain firmly intact.

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Dialog Finance Launches Next-Generation Virtual Debit Card, Elevating Digital Payments in Sri Lanka

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Dialog Finance PLC, Sri Lanka’s leading fintech innovator, announced the launch of its Virtual Debit Card, the first in Sri Lanka to enable customers to generate multiple virtual cards for different purposes within a single app. This cutting-edge, digital-first payment solution is designed to deliver smarter control, enhanced security, and effortless everyday transactions, making online payments safer, more flexible, and fully manageable through the Genie app.

Designed for today’s mobile-first lifestyle, the Virtual Debit Card is managed seamlessly within the Genie app, allowing customers to generate multiple virtual cards tailored for specific use cases such as subscriptions, individual merchants, or shared spending scenarios. Each card offers customizable spending limits, real-time transaction tracking, and the option to delete or deactivate it once its defined use is complete. By isolating transactions across different purposes, this approach significantly enhances online payment security while providing complete visibility and control.

Issued on the UnionPay International network, the Virtual Debit Card ensures wide global acceptance for online and in-store payments. It also paves the way for future enhancements, including Tap to Pay functionality on NFC-enabled smartphones, enabling fast, contactless in-store transactions scheduled to be activated soon as part of Dialog Finance’s ongoing product evolution.

Commenting on the launch, Nazeem Mohamed, CEO & Director of Dialog Finance PLC, said, “This launch strengthens our position as Sri Lanka’s leading fintech provider. By offering multiple virtual cards, and intuitive in-app controls, we are delivering a secure, flexible digital payment experience that perfectly aligns with modern customer needs.”

The Dialog Finance Virtual Debit Card is now available exclusively through the Genie mobile app, allowing customers to instantly generate, manage, and control their cards from a single interface. This milestone further solidifies Dialog Finance’s leadership in delivering customer-centric, innovation-led digital payment solutions in Sri Lanka.

Dialog Finance PLC, a subsidiary of Dialog Axiata PLC, is a licensed finance company regulated by the Central Bank of Sri Lanka. The Company offers a range of digital-first financial solutions to individuals, businesses, and corporations, and is backed by a strong Fitch Rating of AA (lka), reflecting its financial stability, robust governance, and high creditworthiness.

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