Lanka Property Watch - Sri Lanka Property Investment and Analysis
Analysing Sri Lanka's Property market, investment options and latest property news in Sri Lanka
Monday, 27 February 2012
Shangri La breaks ground for 661room hotel in Colombo
Shangri-La Asia Limited will invest 408 US$ million on this hotel project. The star class hotel will have 661 rooms, 30 storied and the construction work is to be completed in 2015.
Shangri-La is also planning to construct it's second hotel in Hambantota to open in 2013, on approximately 115 acres of land with a 315 rooms with a investment of 120 US$ million.
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