SHANGRI-LA’S two hotels under construction in Sri Lanka are slated to open in 2015 and 2017, confirmed the Hong Kong-based hotel group in response to reports that costs and room oversupply in the country had caused the projects to be scaled down.
The group’s Colombo office told TTG Asia e-Daily the first phase of its US$120 million, 300-room Shangri-La Hambantota Resort & Spa is targeted for opening in 3Q2015. It features an 18-hole golf course, a scenic lake and an Eco Centre.
“Shangri-La is also investing more than US$500 million in a mixed-use development in Colombo, to bring an international experience to Sri Lanka. Shangri-La Hotel, Colombo will consist of 500 rooms in a 32-storey luxury building which is due to open in 1Q2017,” the spokesperson said.
The mixed-use project’s 410 residential units in two 50-storey luxury towers are set to open in 3Q2017 while in 4Q of the same year, 68,000m2 of high-end retail and a 39-storey office tower will be ready.
Sri Lanka aims to attract 2.2 million visitors in 2016, from less than 500,000 five years ago, and hundreds of hotel rooms are currently being built.
