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* Hyatt-branded hotel in Sri Lanka by 2014
Fri, Oct 19, 2012, 09:39 pm SL Time, ColomboPage News Desk, Sri Lanka.

Oct 19, Colombo: Hyatt Regency hotel in Colombo, the first Hyatt-branded hotel in Sri Lanka will open in 2014, the Hyatt Hotels Corporation announced Thursday.

An affiliate of Hyatt Hotels Corporation, headquartered in Chicago has entered into a management agreement with Sinolanka Hotels and Spa Private Limited to build a 42-floor hotel on Galle Road in Colombo.

Gamini Senarath, Chairman of Sinolanka Hotels and Spa Private Limited and Peter Fulton, President of the Hyatt's Europe, Africa, Middle East and East Asia operations signed the agreement Thursday in the presence of the President Mahinda Rajapaksa at the Temple Trees to assign the management of the new Hyatt Regency Hotel to SinoLanka.

"Sri Lanka continues to be a growing market, and we are excited to work with Sinolanka on this iconic project in Colombo," Ratnesh Verma, Senior Vice President - Real Estate and Development, Asia Pacific for Hyatt Hotels & Resorts said in a statement.

"Establishing our brand's presence in key gateway cities like Colombo is an integral part of our strategy to drive preference for the Hyatt brand in the South Asian region," Verma added.

"We believe the hotel's excellent location and full range of services and dining options will meet the needs of both business and leisure travelers. It is our privilege to work with Sinolanka and be part of the government's initiatives to develop tourism infrastructure in Sri Lanka," the executive further noted.

"We are pleased to work with Hyatt on the first Hyatt-branded hotel in Sri Lanka," the Chairman of Sinolanka has said.

"Hyatt Regency Colombo is expected to be a flagship development for Sri Lanka, demonstrating the rapidly expanding opportunities in this country's tourism sector," senerath was quoted in the statement as saying.

The hotel will feature 475 guestrooms and 84 serviced apartments, as well as a lobby lounge, an all-day dining, multi-cuisine restaurant, three specialty restaurants, a bar, eight spa treatment rooms, a fitness center, a swimming pool, and a Regency Club lounge, according to statement issued by Hyatt.

Hyatt Regency hotel in Colombo will also include over 17,000 sq ft of enclosed meeting space and a 7,500 sq ft ballroom, the company said.

Hyatt Hotels Corporation, headquartered in Chicago, is a leading global hospitality company with 492 properties in 45 countries.

(Photos by Chandana Perera)



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