Showing posts with label GOH. Show all posts
Showing posts with label GOH. Show all posts

05 December 2010

Aitken Spence, JKH, Cargills Interested in Grand Oriental Hotel in Colombo, Sri Lanka

05th December 2010, www.sundaytimes.lk

John Keells Holdings, Aitken Spence and Cargills Ceylon are among local and foreign firms that have expressed interest following a public advertisement inviting a management partner for the Bank of Ceylon-owned Grand Oriental Hotel (GOH), according to hotel industry sources.

A source close to GOH told the Business Times that Singapore’s Raffles, four Indian hotel chains, Midddle East investors and European ones have also sent their Expressions of Interests (EOIs) to the Bank of Ceylon (BOC).

He added that Raffles had expressed an interest in managing GOH a couple of years ago, further adding that the applicants are requesting the entire complex of buildings starting with GOH up to the Seylan Bank end.

Gamini Wickremasinghe, Chairman BOC told the Business that 26 firms have sent EOI. “We are looking at a management contract deal with an investor who can spent for refurbishment as well on this 200-room heritage hotel,” he said but declined to comment on the applicants.

Related Info:
Colombo's Grand Oriental Hotel to Lure Ship Passengers Again

04 December 2010

Colombo's Grand Oriental Hotel to Lure Ship Passengers Again

02nd December 2010, www.lankabusinessonline.com

Big Sri Lankan operators and international chains have responded to a call to restore the original charms of a colonial-era hotel overlooking Colombo port once popular with visitors who came by ship, an official said.

"We want to bring it back to its original form," said Gamini Wickemasinghe, chairman of state-owned Bank of Ceylon which is seeking an international hotel chain to manage its subsidiary, Grand Oriental Hotel (GOH).

The hotel is a landmark built during British times just outside Colombo harbour and served passengers who came by sea before commercial air travel was available.

The original building was built in 1837 and is "within sight and sound of Colombo Harbour", according to the GOH website.

"The GOH was most popular not only with ships' passengers but also with the Colombo City residents, as the hotel had acquired a reputation for ballroom dancing . . .," it said.

Wickremasinghe said that in future with more cruise ships calling at the Colombo port following the end of the island's war the hotel will cater to cruise passengers as well.

Sri Lanka is experiencing a tourism boom with a sharp upturn in visitors following the end of its 30-year ethnic war in May 2009.

The Bank of Ceylon had called for proposals from an international hotel chain to invest in and manage the GOH which has a capacity of 200 rooms.

Bank of Ceylon said it wanted investors with past experience in managing international hotels preferably heritage hotels.

A part of the building now occupied by the Bank of Ceylon offices will be vacated soon.

Wickremasinghe said the national police headquarters located next to the GOH will also be shifted, making more space available for the hotel, including its original car park.

"We got quite a lot of responses for our call for expressions of interest," he told LBO.

"All the big players in Sri Lanka and some big international players responded, including a lot from India."

The hotel upgrade is likely to cost around a billion rupees and is likely to include the addition of a swimming pool.

Wickremasinghe also said they would like to raise room rates after the upgrade and would be looking to charge around 250 US dollars a night.

Related Info:
170yr Old Grand Oriental Hotel (GOH) in Colombo to be Refurbished Following a Management Contract

15 November 2010

170yr Old Grand Oriental Hotel (GOH) in Colombo to be Refurbished Following a Management Contract

14th November 2010, www.thebottomline.lk

One of the oldest and a colonial memoir of a hotel located in the heart of Colombo is to be completely refurbished following a management contract deal, The Bottom Line learns.

The Grand Oriental Hotel (GOH), which is a fully subsidiary of state banking giant Bank of Ceylon (BoC), is to undergo a complete revamp with the current boom in the local tourism seen following the end of the separatist war.

According to a newspaper advertisement published recently, the hotel is in the look out for a management contract deal with a party who can spend for the refurbishment work.

However, GOH is considered a heritage site and therefore, any kind of demolition work to the original structure is not permitted.

Although it was in the grapevine that several key leisure sector focussed firms are eying to secure the management contract, sources said that most of them have dropped the idea due to the high amount of investment needed to completely refurbish the hotel.

Aitken Spence is currently in the hunt for a city hotel. However, it is learnt that so far they haven’t extended any interest in the GOH property.

The BoC offices, which are currently housed in the GOH hotel, will be removed once the refurbishment work begins.
Constructed in 1837, GOH currently has 200-room capacity and a large banquet hall.