Nov 03, Colombo: Sri Lanka's Eden Hotel Lanka PLC said its holding company LOLC Leisure Ltd. is buying the Dickwella Resorts Ltd. for Rs 1.5 billion.
In a stock market disclosure Friday, Eden Hotel said the Board of Directors have approved the purchase of 99.9% shares of Dickwella Resorts Ltd., the owning company of Dickwella Resort & Spa.
Dickwella Resort & Spa is a 76-room luxury property, located on a promontory, bounded by the sea on three sides, with a beach in the front.
In addition to the 76 guest rooms, the facility includes restaurant , Swimming pool, pool side bar, bar/lounge, full service health spa, dive center, business center, gift shop, currency exchange and laundry services. The hotel has over six acres of land.