Second Sheraton to land in Sri Lanka

STARWOOD Hotels & Resorts has signed an agreement with Browns Hotels and Resorts to manage the latter’s new resort on the southern Sri Lankan coast under the Sheraton brand.

The 172-room, five-star resort is Starwood’s second Sheraton in the country after the 308-room Sheraton Colombo, opening in March 2015.

Opening in mid-2015, Sheraton Kosgoda Turtle Beach Resort is adjacent to a turtle hatchery, one of the must-see tourist sites in the south.

Browns last month also signed to develop a four-star property in the Maldives, its first foray overseas. The agreement with Alpha Kinam Holdings and NPH Investment involves a resort with 150 rooms and 100 apartments.

A spokesperson from Browns said the company is actively looking at other investments in the Maldives.

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