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Singapore’s HPL Investment Surge Into Sri Lanka

Category: Hotels, Posted:09 Mar 2018 | 07:44 am

Despite the seemingly politically charged declaration of a State of Emergency this week in Sri Lanka, Singapore’s HPL Group look to be leading a foreign investment charge.

An agreement has reportedly been entered into between East West Properties PLC and HPL Hotels and Resorts Pte. Ltd. for the purchase of the Weligama Bay Marriott Resort and Spa.

Further news in Sri Lanka’s Daily Mirror has HPL tabling an offer for the historic gem the Grand Oriental Hotel that local market sources say could be a Four Seasons branded property.

In the meantime the local hospitality scene is buzzing over the recent opening of the new Colombo luxury Shangri-La hotel.

Other News

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Thai Group Chatrium Inks Niseko Deal

Category: Hotels, Posted:06 Jul 2020 | 08:31 am Thailand’s Chatrium Hospitality will take over management of the 76-unit Shiki Hirafu in Niseko Japan at the beginning of September. The move is a reflagging of the Hyatt House Niseko. For Chatrium, it’s their first property in Japan, with an existing portfolio in Thailand and Myanmar. Another Thai group Onyx Hospitality has a pipeline Amari […]
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Design Re-Invention. Hotel Interiors – Re-Imagining Spaces

Category: Hotels, Posted:05 Jul 2020 | 13:59 pm Catch Volume 6 of C9 Hotelworks and Delivering Asia Communications Design Re-Invention series. The virtual event will be on Wednesday 15 July, 3:00 pm Bangkok | 4:00 pm Singapore time. Sign up Hospitality today is about to enter a new cycle which has been accelerated by the current global crisis. This important virtual event is a […]
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It Takes an Island: Sustainability and the New Traveler

Category: Tourism, Posted:03 Jul 2020 | 10:13 am A  special virtual sustainable event from C9 Hotelworks and Delivering Asia Communications will be held on  Thursday 9th July at 3:00 pm BKK / 4:00 pm Singapore. Registration is free While the present global crisis has effectively stopped travel in its tracks, one of the side effects has been the restoration of nature into many […]