Lankapage Logo Recent Top Stories
CP 14 YEARS
Go Home Home Serving the Sri Lankan community globally since 2000
go to LankaPage.com

Leading News from Sri Lanka::

* Sri Lanka's new leisure company to open six hotels
Thu, Jan 17, 2013, 12:07 am SL Time, ColomboPage News Desk, Sri Lanka.

Jan 16, Colombo: Edge Hotels and Resorts, a newly formed leisure firm in Sri Lanka plans to build six hotels in key locations in the island within the next four years, the chairman of the Edge Hotels Group Graetian Gunawardhana has said.

The company signed an agreement today with the country's investment promotion agency, Board of Investment (BOI) to build two hotels initially in Uswetakeiyawa and in Bambalapitiya.

Reefs Edge Hotel and Villas at Uswetakeiyawa will be a four-star facility of 23 beach front rooms with modern amenities. It will also include 300-seat banquet hall for events ranging from weddings to corporate functions and offsite workshops.

The 35-room City Edge Colombo at Marine Drive, Bambalapitiya, located within easy distance from the major office complexes and hotels in the city, is geared for the business traveller.

Gunawardhana has said the firm plans to open four more facilities in the second phase and the approval of the BOI for this venture is both "encouraging and heartening", since it is a massive undertaking on the company.

Further development of Edge Hotels include, 36-room Corals Edge, Ambalangoda in the South, Lakes Edge, Nuwara Eliya in central hills with 40 rooms, Kingdoms Edge in Sigiriya and Bays Edge, Kalkudah in the East.

Construction of Corals Edge will begin in May this year, while Kingdoms Edge and Bays Edge will be completed in August 2014 and early 2015 respectively.

"It is our belief that our hotels will attract selective visitors from all over the world, and thereby bring in more foreign exchange to the island," Gunawardhana has said.



ColomboPage - Recent 10 Stories
U.S. citizens in Sri Lanka warned of attacks by tuk-tuk drivers
-- [26 minutes ago]
Sri Lanka Non-finance businesses advised to report suspicious transactions to the Financial Intelligence Unit
-- [1 hour and 5 minutes ago]
Minister holds local rice millers responsible for supply shortages of rice in the market
-- [1 hour and 33 minutes ago]
Sri Lanka in talks with Russia to credit purchase Gepard 5.1 frigates
-- [2 hours ago]
Sri Lanka "Focus Country" for the year at Expo Pakistan 2017
-- [2 hours ago]
World Bank recommends Sri Lanka faster implementation of vital reforms to drive economic growth
-- [3 hours ago]
Sri Lanka Air Force sends first replacement aviation unit under UN mission to South Sudan
-- [9 hours ago]
Over 150 arrested for illegally dumping garbage
Ambassador Prasad Kariyawasam of Sri Lanka re-elected to the UN Committee on Migrant Workers
Sri Lanka Colombo Stock Exchange appoints Dumith Fernando to the Board

Copyright © 2000, 2012 by LankaPage.com (LLC) :
The news and other contents on ColomboPage are copyrighted property of LankaPage.com, LLC. Any unauthorized use of any information on ColomboPage may constitute a violation of copyright laws. You need written permission to reproduce, republish, post, transmit, broadcast or distribute, material from this site from LankaPage.com, LLC. However, news organizations or broadcasters in Sri Lanka may republish the news items in ColomboPage with proper acknowledgment to ColomboPage.