Hotel for Sale in Hikkaduwa, Sri Lanka

- The hotel is a boutique establishment located in Hikkaduwa, a renowned tourist destination in southwest Sri Lanka known for its stunning coral reefs, surfing spots, and vibrant nightlife.
- Featuring four spacious, air-conditioned rooms, each 330 square feet with a large balcony and private bathroom, the hotel offers a comfortable stay for both local and international guests.
- Alongside the accommodation, the hotel includes an open live kitchen and a newly built restaurant, which currently serves only in-house guests but has the potential to expand services to the general public due to its prime location on the main road.
- Key revenue streams include room bookings, along with food and beverage sales, catering primarily to tourists seeking beach proximity and locals.
- The hotel enjoys an 80 to 90% occupancy rate during peak season, which stretches from November to April, indicative of its popularity and strategic location.
- Hires contractual employees on a seasonal basis to manage increased demand during peak periods.
- With a temporary tourist board approval in place, the hotel is actively working toward securing permanent approval, which could enhance its credibility and appeal to a broader customer base.
- While currently managed by a promoter who was frequently abroad, impacting sales, the business has demonstrated resilience by maintaining consistent occupancy driven by Sri Lanka's robust tourism industry.