Mövenpick Hotels and Resorts President and CEO Jean Gabriel Peres has recently visited the country to sign the management agreement with Softlogic Holdings to build the 200-room five-star property in Kollupitiya area of Colombo.
Excavation work for the hotel is slated for January and the construction will be completed within 24 months.
"With the growing business traveller in mind as well as holiday guests, Mövenpick Colombo will be cozy, warm, exquisite, premium quality, and an upscale five-star hotel," Peres has told the Daily FT in an exclusive interview.
The executive has said that Sri Lanka tourism has the potential to be successful as Thailand is today as hospitality is natural for Sri Lankans.
"Sri Lanka's natural hospitality and warmth is legendary. Sri Lanka is a gorgeous country. Following the end of the conflict Sri Lanka has great potential for the future," Peres has said.
The hotelier has noted the cleanliness of the capital city and has said that the country has vastly improved.
Peres has said that he was impressed with the quality of new hotels and the entry of several new brands in Colombo and encouraged by the support infrastructure as well as real estate.
The global brand is also looking for opportunities to manage a beach resort to complement and expand its offering in Sri Lanka.