Colombo, Sri Lanka | June 30, 2025 — A new chapter in South Asian tourism begins with the highly anticipated launch of City of Dreams Sri Lanka on August 2, 2025, a joint venture by John Keells Holdings PLC (JKH) and Melco Resorts & Entertainment (Melco).
Touted as South Asia’s first fully integrated resort, City of Dreams Sri Lanka represents the largest private sector investment in Sri Lanka’s luxury lifestyle sector to date, with a project value exceeding USD 1.2 billion. Strategically located in the heart of Colombo, the development is expected to redefine the city’s place on the global tourism map.
The opening marks the completion of the resort’s final components, including a world-class casino, the ultra-luxury Nüwa hotel, and a premium shopping mall, positioning the property as a one-stop destination for leisure, entertainment, and business.
World-class features
The integrated resort boasts of 800 rooms and suites, divided between the 687-room Cinnamon Life hotel, which opened in October 2024, and the 113-room Nüwa hotel, Melco’s flagship luxury brand.
Amenities include expansive MICE facilities designed to host global business events and conventions; a state-of-the-art casino and entertainment complex operated by Melco to international luxury gaming standards; curated dining experiences featuring menus by internationally renowned chefs; and immersive entertainment venues for world-class performances and cultural showcases.
Transforming Colombo into a premier destination
As part of the globally recognized City of Dreams brand, the Sri Lanka project aims to attract both leisure and business travelers, particularly from South Asia and neighboring regions. Its MICE capabilities are expected to position Colombo as a premier destination for international events, while its comprehensive luxury offerings enhance Sri Lanka’s competitive edge in the global tourism market.
Beyond luxury, the development integrates sustainable design and technology, alongside a strong focus on local art, culture, and community involvement, reflecting the partners’ commitment to responsible tourism.
Leadership insights
Krishan Balendra, Chairperson of the John Keells Group, described the launch as the realization of a decade-long vision.
“The opening of the casino and Nüwa hotel marks the fruition of a key pillar of City of Dreams Sri Lanka. This milestone sets a new benchmark in South Asia for lifestyle, entertainment, and retail offerings. With Melco’s world-class expertise, we believe this will significantly boost Colombo’s tourism appeal, drive foreign exchange earnings, and generate meaningful employment. City of Dreams Sri Lanka is a bold testament to our belief in Sri Lanka’s future and our commitment to nation-building.”
Lawrence Ho, Chairman and CEO of Melco Resorts & Entertainment, echoed this optimism:
“We are thrilled to be part of this landmark development and our partnership with John Keells. City of Dreams Sri Lanka complements our global portfolio and is poised to stimulate tourism and promote economic growth. We draw inspiration from our successful integrated resorts in other jurisdictions, and we believe this will be a game-changer for Sri Lanka.”
With just days to go before its official launch, City of Dreams Sri Lanka is set to redefine luxury hospitality in the region, elevate Colombo’s global profile, and catalyze a new era for tourism and economic development in South Asia.
