Friday, December 31, 2010

Tourism

Citrus Leisure announces plan to build four star resort in Kalpitiya

Citrus Leisure PLC, formerly Hotel Reefcomber PLC, has  announced that it will build a four star resort in Kalpitiya following the acquisition of 78 acres of land identified as “Santhoduwa-Kalpitiya”. The total investment in the land amounted to Rs. 122.18 million while the acquisition is the company’s second following a change in management earlier this year.


The proposed resort will comprise of 150 rooms and 28 water front villas. The 28 water front villas will be built facing a 50meter-wide waterway which cuts through the land and connects at the end to the sea. These exclusive water villas will have individual gondolas providing the occupants access to the sea. In a unique proposition, the villas will be made available to local and foreign high net worth individuals on the basis of a 99-year lease.
“Our decision to enter Kalpitiya is a strategic one that considers the area’s vast untapped potential to become a tourist hotspot. Kalpitiya is one of the zones being targeted in the government’s new vision for tourism and Citrus Leisure PLC is excited to be a flagbearer in the emergence of Destination Kalpitiya”, Chairman of Citrus Leisure PLC, Prema Cooray said.

The purchase of the “Santhoduwa-Kalpitiya” land is the company’s second major acquisition following its purchase of a 7.2 acre beach property in Waskaduwa, where construction will begin in early 2011 on a 150 roomed 4-star property.

Esna Villas to build luxury boutique hotel in Nilaveli


Esna Villas, a company fully owned by Esna Holdings, has invested in a beach property on Nilaveli beach, Trincomalee, with a beach frontage of 144 feet.

This project, which is valued at US$ 1 million, is the company’s first foray into the leisure sector. The  company  plans  to  set up  an  ‘all  suite’ boutique  hotel on the  property with  construction already in progress.
Chairman of Esna Holdings Eshana De Silva observed that this project included a ‘Presidential Villa,’ which has a private swimming pool with all the luxury amenities of a five-star property.
“We are very excited as this would be the only project of this kind in Trincomalee,” he added.
Sri Lanka has seen a massive influx of tourists after the much-anticipated post-war tourism boom.
Esna Villas plans to set up similar boutique hotels in other prime tourist locations around the island, with there being little doubt that projects such as these are vital in post-war Sri Lanka.


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