SRI Lankan hospitality group LOLC Leisure will rebrand to Browns Hotels and Resorts, as it aggressively works towards building its portfolio to 1,000 rooms.
The four-year old company currently has 308 rooms across three hotels: the 158-key Eden Resort & Spa and Dickwella Resort & Spa, both on the south coast, and Green Paradise, Dambulla in north-east Sri Lanka.
Under construction are a 363-room, five-star hotel at Beruwala that is scheduled to be completed in 2016; a 172-room five-star property at Kosgoda to be finished in 1H2015; and a 71-room, four-star hotel in Passikudah scheduled to open later this year.
There are also plans to build hotels in other locations where it owns properties, as well as one in the capital of Colombo.
Rimoe Saldin, managing director and CEO, Browns Investments, owning company of Browns Hotels and Resorts, said that the group has expanded its footprint in the leisure sector and made a number of significant acquisitions.
“This increased interest will lead us to soon be one of the largest hotel operators in Sri Lanka,” said Saldin.
