Freudenberg Leisure expands further

M F Jabir

Freudenberg Leisure has committed a further investment of over Rs 100 million on its Nuwara Eliya and Colombo properties, said Rohan M Rodrigo, Freudenberg Leisure Group Chief Accountant. He said the company is contemplation setting up a hotel in the Deep South with special emphasis on Hambantota. A feasibility study has already been done for this purpose. It would be the company's fourth venture he added.

Freudenberg Leisure had earlier invested over Rs 350 million on its flagship Randholee Luxury Resort with the addition of the new wing. The hotel commenced business in 2007 and broke even a year and half later, said Priantha Fernando, Consultant Freudenberg Leisure. “By 2009 the hotel managed to reach a decent occupancy level and that really gave the impedance to focus more on tourism related activity and to extend.” Randholee Luxury Resort also received a TripAdvisor(r) Certificate of Excellence award in May 2012. The hotel also opened its new recreational wing with state-of-the-art facilities including a fully equipped gym, a kiddies play area, a badminton court, a shopping arcade, a juice bar and a ariyanna spa of international repute. Fernando said the latest addition to its chain is 'The Firs' Nuwara Eliya with an investment of Rs 40 million, which is a one- of- the- kind luxury experience. This heritage bungalow would consist of two super luxury suites exuding world old charm and elegance and three beautifully furnished deluxe rooms. The game rooms include chess, billiards, darts and other games.

“The third that is scheduled to come up in three months time is a boutique type development in Colombo at Shady Grove Avenue which is a approximately Rs 75 million, seven room boutique luxury. It will consist of a pool and a large deck area, which altogether would be a new concept,” he said.