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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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Hotel White Label, Third Party Operator and Franchise Event

Category: Hotels, Posted:27 Oct 2020 | 08:55 am C9 Hotelworks and Delivering Asia Communications have organized a highly-relevant virtual event called “White Label Session – The Sequel, Insights into Hospitality Third-Party Operators and New Options for Hotel Owners”. The live webinar will be held on   Wednesday 4th November, 2:00 pm Bangkok Time | 3:00 pm Singapore/Hong Kong. Free registration is available HERE. A hospitality-focused virtual […]
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Phuket Airlift To Koh Samui Is Back

Category: Tourism, Posted:23 Oct 2020 | 16:26 pm Bangkok Airways has announced the return of flights between Phuket and Koh Samui. According to the Phuket News service commences Sunday, October 25th leaving Phuket at 12:20 pm and arriving in Samui at 1:15 pm. There will also be a resumption of flights between Phuket and Hat Yai between Phuket and U-Tapao (Pattaya). The return […]
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Khao Lak Hotel Supply Continues To Expand

Category: Hotels, Posted:22 Oct 2020 | 06:00 am Despite the downturn of Covid-19, hotel investment confidence in Khao Lak remains positive in the long term. One sign of this is a newbuild Pullman-branded Khao Lak Resort Is set to open on 1st December. The 253-key beachfront hotel and villa property features a design by Martin Palleros of Tierra Design.  Palleros is the architect […]