Starwood's Sri Lankan footprint set to grow - TTG Asia - Leader in Hotel, Airlines, Tourism and Travel Trade News
Tuesday . December 01 . 2015
Follow TTG Asia on Twitter
TTG ASIA this week
TTG Asia Luxury
Share |
Starwood's Sri Lankan footprint set to grow
Feizal Samath, Colombo, May 16, 2012

STARWOOD Hotels & Resorts Worldwide will soon have two of its hotel brands – Sheraton and The Luxury Collection – in Sri Lanka.


Earlier this month, India’s ITC Group, a franchisee for the Sheraton and Luxury Collection, finally pushed through a deal with Sri Lanka’s Board of Investment, allowing it to develop a mixed-used project with a Luxury Collection hotel on a two-hectare site in Colombo  (TTG Asia e-Daily, December 5, 2011).


Simultaneously, Starwood signed a management contract with Lanka Hotels & Residencies, Greenwater Resorts India and Eurocon Building Industries UAE to operate the 306-key Sheraton Colombo Hotel.


Located about a kilometre from the proposed Luxury Collection site, the Sheraton is scheduled to open in September 2013.


Anura Lokuhetty, president, Tourist Hotels Association of Sri Lanka, said the country was experiencing a “second wave” of top international hotel chains entering the market.


“Brands look at places where there is potential...where others go. A good example is the Maldives, where all the big brands are present,” he said.

Print Top Stories
Editor's pick >
Online travel platforms not addressing real issue

by Willem Niemeijer

What Marriott-Starwood merger means for hotel owners

by Tasos Kousloglou

Honesty is the best policy

by Mimi Hudoyo, Xinyi Liang-Pholsena

Sail away with the game changers

by Raini Hamdi, Karen Yue, Xinyi Liang-Pholsena, S Puvaneswary

Someone to watch over me

by Raini Hamdi