Shirajiv Sirimane shirajivs@gmail.com
Hayleys PLC will be entering the leisure market of the Maldives for the first time.
This will be through their leisure arm Amaya Leisure PLC which consists of Amaya Lake in Dambulla, Amaya Hills in Kandy and Langdale by Amaya in Nuwara Eliya.
Hayleys have already leased a lagoon from the Maldivian government for 55 years for this operation. Managing Director, Amaya Resorts and Spa, Lalin T. Samarawickrama said that they wanted a property where a guest could travel from the airport in speed board under half an hour.”
He said that the group hopes to invest around US$ 65 million for this project offering around 100 keys and hope to start operations in 36 months.
Samarawickrama said they are looking to build an ultra luxurious property comprising of beach bungalows. “We hope to market each property for around US$ 450 mainly for the luxury travellers.”
Amaya Leisure PLC acquired a 51% stake in the 125-room Sun Tan Beach Resorts for Rs 563 million, in Passikudah. It was earlier known as Centara Passikudah Resorts. “We have now have our foot print in key leisure areas in Sri Lanka and the Male expansion is towards extending our international reach.”
He said that with the Maldives resort they would be now in a position to market both destinations in one package.
Commenting on their local expansions, he said they will also focus to have several bungalows in tea estates. “We would also invest to refurbish some of the properties we operate.”
He said that the leisure sector was doing well and this was another reason for them to re invest in the industry. “For example Kingsbury Colombo which started operations with a Rs. 500 million loss in the first year and in the second year they were able to post a Rs. 32 million profit.” In the second year of operation we recorded a Nett Profit of over Rs.300 million and hope to end the financial year with a 20% increase against the previous year.”
www.dailynews.lk
Hayleys PLC will be entering the leisure market of the Maldives for the first time.
This will be through their leisure arm Amaya Leisure PLC which consists of Amaya Lake in Dambulla, Amaya Hills in Kandy and Langdale by Amaya in Nuwara Eliya.
Hayleys have already leased a lagoon from the Maldivian government for 55 years for this operation. Managing Director, Amaya Resorts and Spa, Lalin T. Samarawickrama said that they wanted a property where a guest could travel from the airport in speed board under half an hour.”
He said that the group hopes to invest around US$ 65 million for this project offering around 100 keys and hope to start operations in 36 months.
Samarawickrama said they are looking to build an ultra luxurious property comprising of beach bungalows. “We hope to market each property for around US$ 450 mainly for the luxury travellers.”
Amaya Leisure PLC acquired a 51% stake in the 125-room Sun Tan Beach Resorts for Rs 563 million, in Passikudah. It was earlier known as Centara Passikudah Resorts. “We have now have our foot print in key leisure areas in Sri Lanka and the Male expansion is towards extending our international reach.”
He said that with the Maldives resort they would be now in a position to market both destinations in one package.
Commenting on their local expansions, he said they will also focus to have several bungalows in tea estates. “We would also invest to refurbish some of the properties we operate.”
He said that the leisure sector was doing well and this was another reason for them to re invest in the industry. “For example Kingsbury Colombo which started operations with a Rs. 500 million loss in the first year and in the second year they were able to post a Rs. 32 million profit.” In the second year of operation we recorded a Nett Profit of over Rs.300 million and hope to end the financial year with a 20% increase against the previous year.”
www.dailynews.lk
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