Shangri-La to open hotel in 2014

Second resort in Hambantota :

Shangri-La Asia Limited announced the purchase of six acres of Government land facing the Galle Face green promenade.

The development will be a multi-use complex with high end retailing, deluxe apartments and a 500-key luxury hotel to open in early 2014. The purchase marks the entry of the hotel group into Sri Lanka.

Shangri-La is also planning to develop a second property, a 300-key city resort on 100 acres of land in Hambantota, on the Southern coast of Sri Lanka to open in 2013.

“Sri Lanka is a country of unsurpassed natural beauty, rich in cultural heritage and above all it is well recognized for its warm and hospitable population,” said Shangri-La International Hotel Management President and Chief Executive Officer Greg Dogan.

“The local government is fully committed to rebuilding the economy following the end of conflict and we believe that Shangri-La will be able to assist in positioning the country as a prime global tourist destination. Both Shangri-La hotels strategically fit into the group’s ongoing expansion plans to link the Indian subcontinent and our South East Asia developments,” Dogan concluded.

hangri-La Asia Limited, one of the world’s premier hotel companies, currently owns or manages 70 hotels under the Shangri-La and traders brands, with a room inventory of over 30,000. The group has a substantial development pipeline with upcoming projects in Austria, Canada, mainland China, India, Macau, Malaysia, Philippines, Mongolia, Russia, Qatar, Turkey and United Kingdom.