FINANCIAL CHRONICLE™
Dear Reader,

Registration with the Sri Lanka FINANCIAL CHRONICLE™️ would enable you to enjoy an array of other services such as Member Rankings, User Groups, Own Posts & Profile, Exclusive Research, Live Chat Box etc..

All information contained in this forum is subject to Disclaimer Notice published.


Thank You
FINANCIAL CHRONICLE™️
www.srilankachronicle.com


Join the forum, it's quick and easy

FINANCIAL CHRONICLE™
Dear Reader,

Registration with the Sri Lanka FINANCIAL CHRONICLE™️ would enable you to enjoy an array of other services such as Member Rankings, User Groups, Own Posts & Profile, Exclusive Research, Live Chat Box etc..

All information contained in this forum is subject to Disclaimer Notice published.


Thank You
FINANCIAL CHRONICLE™️
www.srilankachronicle.com
FINANCIAL CHRONICLE™
Would you like to react to this message? Create an account in a few clicks or log in to continue.
FINANCIAL CHRONICLE™

Encyclopedia of Latest news, reviews, discussions and analysis of stock market and investment opportunities in Sri Lanka

LISTED COMPANIES

Submit Post



Poll

Can there be another Covid-19 wave in Sri Lanka?

 
 
 

View results

STOCK MARKET TRAINING
ශ්‍රී ලංකා මූල්‍ය වංශකථාව - සිංහල
Submit Post


CONATCT US


Send your suggestions and comments

* - required fields

Read FINANCIAL CHRONICLE™ Disclaimer



Latest topics

» BROWNS INVESTMENTS PLC (BIL.N0000)
by MoneyLover Yesterday at 7:16 pm

» What is "Introductions" in Upcoming listing in CSE?
by Nandun Yesterday at 1:46 pm

» Glove stocks fall after Top Glove posts weaker 4Q results
by ResearchMan Yesterday at 1:37 pm

» KOTAGALA PLANTATION
by stockchaser Yesterday at 8:03 am

» The stock market can be a great place to make money; it can also be a great place to lose money. Stock market for beginners
by Economatta Yesterday at 6:16 am

» LOFC AND CLC Target Price??
by Captain Fri Sep 17, 2021 9:17 pm

» Top Foreign Trading today
by SAGA Fri Sep 17, 2021 6:32 pm

» Top crossings today
by SAGA Fri Sep 17, 2021 5:01 pm

» EXPOLANKA HOLDINGS PLC (EXPO.N0000)
by Sunimal Fri Sep 17, 2021 12:52 pm

» Amana Takaful ATL & ATLL
by kanishkaecomm Fri Sep 17, 2021 12:17 pm

» Best Time to Collect Cic X
by Value Pick Fri Sep 17, 2021 8:15 am

» Why is First Capital Holdings being dumped?
by Berryfund Fri Sep 17, 2021 6:29 am

» AGST can move
by Zayden River Thu Sep 16, 2021 11:58 pm

» COMMERCIAL CREDIT AND FINANCE PLC (COCR.N0000)
by newone Thu Sep 16, 2021 11:57 pm

» AGSTAR PLC (AGST.N0000)
by Zayden River Thu Sep 16, 2021 11:57 pm

» RAIGAM WAYAMBA SALTERNS PLC (RWSL.N0000)
by Bakkabwoi Thu Sep 16, 2021 8:10 pm

» Twitter accounts related to the stock market
by Bakkabwoi Thu Sep 16, 2021 8:09 pm

» TOKYO CEMENT COMPANY (LANKA) PLC
by xhunter Thu Sep 16, 2021 7:55 pm

» LOFC LOFC LOFC
by madukp Thu Sep 16, 2021 6:49 pm

» How Equity Emerged the Top Asset Class During a Pandemic
by samaritan Thu Sep 16, 2021 6:30 pm

EXPERT CHRONICLE™

MARKET CHAT


CHRONICLE™ ANALYTICS


ECONOMIC CHRONICLE

GROSS DOMESTIC PRODUCT (GDP)


CHRONICLE™ YouTube

LATEST TWEETS

You are not connected. Please login or register

FINANCIAL CHRONICLE™ » CORPORATE CHRONICLE™ » Colombo Hilton

Colombo Hilton

Go down  Message [Page 1 of 1]

1Colombo Hilton Empty Colombo Hilton Tue Jun 08, 2021 5:27 pm

CHRONICLE™

CHRONICLE™
Admin
Colombo Hilton Hilton-Colombo-1

Proposed Project Description :
5-star hotel with 382 guest room, 3 speciality restaurants, Gym & Spa, Executive lounge Coffee shop and laundry and 2.25 acres of land for further development. Hotel has 18 floors with 2 towers with provision to construct an additional tower for expansion of hotel operations with the most beneficial business model.

Expected investment :
USD 130 million
Expected method of partnership :
Private Public Partnership (PPP) with 49% divestment option to the investor.

Employment generation :
1400 employees including the expansion and option for future development

Market potential :
The hotel has a history of over 30 years of operations in the city and currently holds the highest market share in terms of revenue and most profitable unit. The brand image and the current market position could be leveraged for growth and expansion of operations. Hotel also leads the MICE market operations with its regional presence and the facilities and services provided to clientele.

Payback period :
8 years
Period to commence commercial operation :
Hotel in operation and the expansion projects to be completed by Dec. 2024.

Current status of the project :
Current hotel operations in progress. New expansions and developments under feasibility report stage.
Common infrastructure and utility availability :
To be confirmed

Geographical Location :
Lotus Road, Colombo 01
Land Extend :
6.8 acres including 2.25 acres for development
Estimated Land value :
LKR 14 billion
Land Agreement/ownership :
99 Year lease

Benefits to the Investor :
Additional 2.25 acres of land for mixed development and investment recovery. Hotel in operation for last 30 years and in profitable status with optimum use of resources and space. Strategic Development and BOI status could be provided for new development project to the investor with tax concessions. Management control can be provided to the investor on mutually agreed terms. Additional hotel tower could also be added for further expansion of the hotel. Leverage market potential through the brand image created by Hilton.

Contact details :
(Name, Designation, Institute, Telephone, Email, Website)
Mr. M. S. Mohideen
Group Chief Executive Officer , Selendiva Investments Limited
773830693 mshamal@hotmail.com

https://www.srilankachronicle.com

Back to top  Message [Page 1 of 1]

Permissions in this forum:
You cannot reply to topics in this forum