Page 16 - Invest in Sri Lanka

Sri Lanka: The Heart of the Eastern Hemisphere Your Destination for Timeless, Sustainable Investments

HOTEL MARKET OVERVIEW

Sri Lanka boasts a long-standing tradition of Hotel Supply
hospitality. The island is home to some of Asia’s
oldest and most iconic heritage hotels including: The island hosts a diverse accommodation inven-
01 Galle Face Hotel, Colombo tory, composed of independent boutique hotels,

local family-owned chains, international and
(established in 1864)
regional chains, big-block resorts, luxury villas,
02 Mount Lavinia Hotel, Colombo eco-lodges, tented camps, treehouses, mud
houses, mountain lodges, colonial bungalows,
(1806)
high rise luxury hotels, restored mansions,
03 The Grand Hotel, Nuwara Eliya heritage homes, city hotels, ayurvedic, surf and
wellness retreats and more. Figure 11 below
(1891)
depicts the recent evolution of room supply and
04 Queen’s Hotel, Kandy total accommodation establishments in Sri Lanka.

(1844)

Figure 11 : SLTDA Registered Accommodation Capacity

No. of
No. of Rooms Registered rooms at a 5Yr CAGR of 6.0% Establishments

60,000 6000
50,000 5000
40,000 4000
30,000 3000
20,000 2000
10,000 1000
0 0
2010 2011 2012 2013 2014 2015

Graded Rooms Supplementary Rooms No. of Establishments
Source: First Capital Research

INVEST IN TOURISM SRI LANKA 12