Galadari Hotels pushes reopening to 4Q26

Galadari Hotel refurbishment under progress in 2025

Galadari Hotels (Lanka) yesterday announced that the reopening of its flagship Colombo property has been pushed to the early part of the fourth quarter of 2026.

The refurbishment project was previously expected to be completed by the middle of the year.

In a filing to the Colombo Stock Exchange (CSE), the company informed the project completion timelines had been revised, but did not disclose reasons for the latest revision.

In December 2025, Galadari Hotels entered into a supplementary agreement with the BOI to extend the implementation period of the refurbishment project from 10 November 2025 to 9 November 2026. At the time, the company had indicated that the hotel was expected to reopen by mid-2026.

The refurbishment of the landmark Colombo hotel has been underway since 2023. Shareholders approved agreements with Radisson Hotels Asia Pacific Investments Pte. Ltd. in July 2023, paving the way for the renovation and rebranding of the property under the name ‘Radisson Blu Hotel Galadari Colombo’.

The agreements included a Hotel Development Services Agreement and a Hotel Management Agreement with the multinational hospitality operator.