Chaaya Bey, Beruwela construction commences
The John Keells Hotels Group has commenced the development of a
200-room, 4 star hotel, to be named Chaaya Bey Beruwela.
Susantha Ratnayake |
The total investment in the new project including the cost of land
will be Rs 3 billion and is expected to be completed by December 2012.
"Sri Lanka is on the threshold of unprecedented development
especially in the leisure industry and we are well positioned, both in
terms of organisational and financial capability, to capitalise on this
opportunity," John Keells Holdings Chairman Susantha Ratnayake, said.
The ceremonial laying of the foundation stone took place on Saturday.
This new beach resort will be brought under the flag of Chaaya Hotels
and Resorts, joining the family of six other 4-star resorts in Sri Lanka
and the Maldives.
"In anticipation of this rejuvenated leisure industry in Sri Lanka, a
total of over Rs 6 billion has already been invested and/or committed by
the Group for construction and refurbishment of hotels in keeping with
our goals of providing uncompromised customer satisfaction and an array
of properties that showcase the best of Sri Lanka," he said.
John Keells Holdings Deputy Chairman Ajit Gunewardene said "we expect
this winter to display the significant shortfall in the country's
inventory to cope up with demand, particularly for quality star-class
rooms."
He said that the potential and land available for development in the
southern coastal belt is limited.
Chaaya Bey Beruwela will be the first star quality hotel property to
be built from scratch since the end of the war.
John Keells Hotels Group is proud to pioneer one of the first major
investments made towards addressing the deficit of star quality
accommodation in the island. |