Two Thai Hotel Chains Invest in Sri Lanka. Rapidly Growing Tourist Industry Attract Foreign Hoteliers

14th December 2010, lankapuvath.lk

According to Government sources, two Thai Hotel Chains are planning investments in Sri Lanka, with the rapidly growing tourist industry becoming a focal point for foreign hoteliers to invest in Sri Lanka.

Further the sources reveal that the Thai hotel chains are Minor International, popularity known as MINT and Centara Hotels and Resorts.

A sum of Thai Bhat 10 Billion is invested by the MINT to open 42 hotels and food outlets in several locations in the world including Sri Lank0a, while Centara Hotels and Resorts plan to form a joint venture with one of the biggest European tour and airline operators in a strategic move to expand the group's mid-range hotels in Asia.

The Centara Hotels and Resort’s expansion plan, other than Sri Lanka, include establishments of hotels and resorts in Maldives, Egypt, India, the Philippines Vietnam., Bahrain, Malaysia and Indonesia.