EconomyNext: US-based Carlson Rezidor Hotel Group has firmed up deals to manage two hotels in Sri Lanka, reaching nearly 400 rooms and plans to go up to 5 hotels over the next four years, an official said.
Chief Executive Officer South Asia Carlson Rezidor Hotel group, Raj Rana told EconomyNext that the hotel in Sri Lanka’s capital Colombo would be under the Park Inn by Radisson brand and the one in Kandy would be a Radisson.
Both hotels would be in the 190 to 200 room range.
Rana said the group may increase its presence to up to 5 hotels in the next four years.
The Colombo hotel is expected to be ready by 2018/19. The Kandy hotel, where land has been identified is expected to take at least three years.
Investors connected to Sri Lanka’s Tokyo Cement group are partnering the brand, officials said.
Converting already built hotels is an option that will allow Carlson Rezidor to expand their presence in the country faster, Rana told Asia Hotel & Tourism Investment Conference, an industry forum in Colombo.