Opportunity Sri Lanka | » World renowned Intercontinental Group of Hotels to return to Sri Lanka next year to manage Pearl Grand Tower Hotel
World renowned Intercontinental Group of Hotels to return to Sri Lanka next year to manage Pearl Grand Tower Hotel

World renowned Intercontinental Group of Hotels to return to Sri Lanka next year to manage Pearl Grand Tower Hotel

World renowned hospitality brand, Intercontinental is reportedly returning to Sri Lanka mid next year to manage what is tipped to become the country’s tallest five star hotel in the country – Pearl Grand Tower Hotel.
Intercontinental Group of Hotels (IHG) has about 800,000 guest rooms and 5,000 hotels across nearly 100 countries, reports state.
The local media has reported that the Pearl Grand Tower Hotel will be spread across 480,000 sq. ft.
The structure rises up to 180m high, including two basement floors. The project is aimed at targeting the tourism industry of the capital of Sri Lanka.
According to reports, it is being facilitated with guest rooms, a banquet hall, swimming pool, restaurants, a bar and 360 degree viewing deck at the top as a highlight of the tower.
Pearl Grand Tower Hotel Ltd. Chairman A.L. Mohamed Faris has been quoted as saying in the local media that the concrete structure work of the project has been completed by China State Construction Engineering Corporation Ltd South Asia Branch/CCTEB.
“Pearl Grand Tower Hotel project is the tallest five-star hotel in Sri Lanka, and the location of the tower strengthens the project by providing a grand view around the city of Colombo as well as a marine view and transportation access as an added advantage. It’s a great honour to join hands with the world’s largest construction contractor and establish partnership. I would like to express my sincere gratitude to the project construction team headed by the project director Wu Jie for their hardworking and great devotion to the project,” he has reportedly said.
“I am confident that this team will keep up pioneer spirits and high morale in the future construction of the project, and complete the balance works with quality ensured for perfect performance. In the meantime, I sincerely wish that CSCEC will achieve greater success in Sri Lanka and make further contributions to the construction of the ‘Belt and Road’,” Faris has added.

OSL take:

Sri Lanka’s tourism industry is on the rise and it is the best sector for foreign investments. Foreign businesses/investors could explore investment opportunities in Sri Lanka’s tourism sector. The continuous development programmes in the tourism sector especially in the leisure and hospitality fields are an encouraging sign for foreign investors to enter into the country.

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Article Code : VBS/AT/20181127/Z_2

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