The Hilton Colombo

Colombo 01

Colombo 01

LOCATION

~9 Acres

Land Extent

USD 230 Mn

MINIMUM Investment

The Hilton Colombo

With over 30 years of operations in the city of Colombo, the Hilton Hotel currently holds the highest market share in terms of revenue and profitability per unit. The Hotel also leads the MICE market operations with its regional presence, facilities and services provided to clientele. Its international brand image and current market position could be easily leveraged for growth and expansion of operations.

https://www.hiltoncolombo1.com/

Project overview

This highly acclaimed 5-star hotel includes 382 guest rooms, 3 specialty restaurants, a gym & spa, executive lounge, coffee shop and laundry services, encompassing 2.25 acres of land for further development. The Hotel has 18 floors with 2 towers, with further provision to construct an additional tower for expansion of hotel operations.
  • Estimated investment US$ 230 million
  • Payback Period:  8 Years
  • Current status: Current hotel operations are in progress with new expansions and developments under feasibility report stage
  • Envisioned Period for completion: Expansion projects for completion by Dec 2024

Project/ownership structure

100% ownership to the investor, JV, or Private Public Partnership considered. 
Should it be a (PPP) a 49% divestment option to the investor will be followed.

Project incentives:

Strategic Development and BOI status could be provided for the new development project to the investor, along with tax concessions.

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Management control can be provided to the investor on mutually agreed terms.

Leverage further market potential through the brand image created by Hilton

Strategic location

Situated in the heart of Colombo, in close proximity to the CBD and Port City, in addition to the Port.