Fairway Holdings entered into an agreement with the Plateno Hotels Group of China to manage their 200-bedroom, soon-to-be-completed city hotel in Colombo Fort.
The hotel is centrally located on Hospital Street, opposite the World Trade Centre and behind the Old Dutch Hospital premises.
This is the first hotel to be developed by the Fairway Holdings Group, which is renowned for its leadership in real estate development and synonymous with luxury vertical living. The Fairway Holdings Group is a home-grown corporate, operating in a plethora of industries, from real estate to manufacturing and trading operations, hire purchase services, pharmaceuticals, biotechnological research and development, domestic aviation, and most recently, the leisure industry.
Within these sectors, the group has expanded its operations with the introduction of a domestic charter airline and an aviation school. Fairway Holdings is also pioneering the use of caravans and motor homes by developing a network of caravan parks throughout Sri Lanka through its subsidiary Go Outdoors Lanka.
GOL also imports and supplies quality caravans, motorhomes and camper trailers from reputed manufacturers in Europe. The addition of a city hotel consolidates the group’s position in these sectors.
Founder and Chairman of the Fairway Holdings Group, Hemaka de Alwis said: “Considering the location, it was a no-brainer that it would be best suited for a hotel. The only question was what type of a hotel. There are many high-end luxury hotels being developed in Colombo. But the increasing demand and the expectations of the modern-day business traveller or the not-so-affluent tourist are not met by these developments. Therefore we decided to build a limited service hotel to cater to this segment.”
A food court, coffee shop and cocktail bar are planned on the ground floor and a restaurant and pub on the rooftop.