Opportunity Sri Lanka | » La Vie Hotels & Resorts expands presence in Sri Lanka with three key Radisson Hotel signings
La Vie Hotels & Resorts expands presence in Sri Lanka with three key Radisson Hotel signings

La Vie Hotels & Resorts expands presence in Sri Lanka with three key Radisson Hotel signings

Daily FT: La Vie Hotels & Resorts, one of Asia Pacific’s leading and fastest growing independent hotel management companies, has signed a landmark deal with Radisson Hotel Group and Sino Lanka Group to operate three hotels in Sri Lanka.
This major new agreement with Radisson Hotel Group, will see the company launch an upper-upscale Radisson Blu resort on the shores of the Indian Ocean near Galle, and two upscale Radisson hotels in Colombo – one in the heart of the country’s capital city and the other in Kandy, the cultural heart of the island.
The three new properties will start to welcome guests following their rebrand to Radisson Blu and Radisson properties after a substantial refurbishment investment which will significantly uplift the properties to bring them in line with Radisson Hotel Group’s high standards.
This latest announcement from La Vie Hotels & Resorts comes off the back of the group’s successful launch of Quality Resort and Spa Patong Beach on 27 March, following a multi-million dollar refurbishment and franchise agreement with Choice Hotels.
La Vie Hotels & Resorts CEO Jerry Xu said: “We have been wanting to grow our presence in Sri Lanka for some time now and we are thrilled to be partnering with Sino Lanka Group and to be completely revitalising these three outstanding properties and rebranding them to Radisson. Radisson and Radisson Blu brands are the perfect fit for these three hotels which are located in some of the best addresses in Sri Lanka, and we’re pleased to be embarking on this chapter with the team.”
“Our growth trajectory in South and South East Asia continues to be a major focus for our group as we work towards our vision of being the leading independent hotel management company across the region,” Xu added.
Sino Lanka Group Founder Bob Kundanmal said: “We are proud to be working with the team at La Vie Hotels & Resorts to rebrand three of our premier Sri Lankan properties to the world-renowned Radisson brand and capitalise on the strength of Radisson’s distribution networks and the resumption of international travel.”
“We will be embarking on a significant refurbishment plan for each of the hotels to bring them in line with what guests have come to know, love and expect from Radisson hotels, and we can’t wait to welcome guests from 1 May 2022,” he added.
Radisson Hotel Group Asia Pacific President Katerina Giannouka said: “We are delighted to sign this landmark agreement for these three properties with La Vie Hotels & Resorts and owner, Sino Lanka Group, as we continue to increase our footprint in Sri Lanka, one of Asia’s most desirable destinations.
“With a trio of world-class hotels including a city hotel in Colombo, a beautiful beachfront resort and an upcountry hotel in the cultural heartlands, Radisson Hotel Group will be established at the forefront of Sri Lanka’s tourism and hospitality industries.”

OSL take:

The steady growth recorded by Sri Lanka’s tourism industry has expanded business/investment opportunities in the leisure and hospitality sectors. Sri Lanka’s tourism industry was one of the fastest growing economic sectors in the country until affected by the global pandemic. However, the industry is back on a growth path with Sri Lanka’s tourism authorities also engaged in promoting the industry in key foreign source markets. Also, Sri Lanka has received much exposure in the international media as a must visit tourist destination. The growing business potential in Sri Lanka has resulted in many international leisure and hospitality brands showing interest in investing in Sri Lanka’s tourism industry.

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Article Code : VBS/AT/28042022/Z_13

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