Mirage Hotel to invest Rs 600m

To build four star hotel in Wellawatta:

Hemanthi GURUGE

Prabath Fonseka

A model of the hotel

The Mirage Hotel (Pvt) Ltd will invest Rs 600 million to build a four star luxury hotel in Wellawatta .

The Mirage Hotel (Pvt) Ltd Managing Director Prabath Fonseka told Daily News Business that Sri Lanka tourism is booming after the ending of the war and the return to normalcy . Since the end of terrorism the number of tourist arrivals has increased sharply.

There is an increased demand to establish hotel rooms in the country. Therefore the hotel sector needs to be injected with investments of this magnitude to meet the demand in hotel rooms to boost capacity, he said.

The management plans to build a four star city hotel comprising all the modern facilities including 64 luxury rooms, swimming pool, three restaurants, spa, business centre and other amenities.

The hotel will be generating 150 more jobs for Sri Lankan youth. The property is located in Marine Drive in Wallawatta with easy access to the beach and the construction of the hotel is scheduled to be completed by 2013.

“All the approvals for the project is directed through the One Stop Shop which is recently set up by the Tourism Development Ministry. We are impressed with the efficiency of the officials of the One Stop Shop.

This is a good initiative by the Ministry to encourage investments for the tourism sector which is set to be a major foreign exchange earner,” he said.