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EVOLUTION
Cyprea Group






The formation of Cyprea Hotels and Travel Pvt. Ltd. launched the expansive growth of the company.

The formation of Cyprea Hotels and Travel Pvt. Ltd. launched the expansive growth of the company. The next two decades saw the company grow rapidly in leaps and bounds.

The direction of growth was well defined; it diversified and expanded on a preplanned roadmap; a careful process of paving the way for growth based on the vision of the company’s founders.

Although the Group’s business can be considered as fairly diversified, all the departments served the growing tourism industry in one or more ways;

  • the Cyprea Card Centre was one of the first to provide credit card acquiring services essential for the tourism industry catering mainly to a European clientele.
  • the growth of business and commerce, driven by the dynamic tourism industry required fast and reliable movement of documents and parcels to and from the Maldives. Cyprea introduced this service to Maldives by bringing in DHL one of the world’s leading courier services and the first of its kind in the Maldives.
  • travel and air transport became an increasingly important sector where fast and efficient services were required.The Cyprea Travel Department was established to provide these services by acquiring agencies of major airlines. The Cyprea Group is now among the largest and most respected companies in the country.

The Group now employs over 500 staff and has been showing year on year growth since its inception. Cyprea has also spread its wings geographically by investing in the prospective tourism industry in Sri Lanka. Milestones.

© 2006 Cyprea Private Limited, Maldives. All rights reserved.