Luxury Hotel for Sale in Kandy, Sri Lanka

- This hotel is a luxurious 5-star property located in Kandy, Sri Lanka, and is currently available for sale, with an impressive annual turnover of LKR 2 billion.
- Established owners have over 20 years of experience in the hospitality industry, managing three successful hotel chains in Sri Lanka.
- The hotel features 157 well-appointed rooms across various categories, including deluxe, executive deluxe, family rooms, and a magnificent presidential suite.
- The hotel boasts a strong occupancy rate of 65-75%, indicating a robust demand for its luxury accommodations.
- It is equipped with four expansive banquet halls capable of accommodating up to 2,000 guests, making it an ideal venue for events and weddings.
- The property spans 426 perches (11,000 sqm) with a total building area of 490,000 sq ft (45,500 sqm), providing ample space for operations and guest services.
- The diverse range of room options aims to cater to various customer segments, from families to business travelers seeking premium services.
- Revenue is generated through room bookings, event hosting, and various hospitality services tailored to meet the needs of leisure and corporate clients.
- While the employee count may appear high, approximately 300 staff are essential for daily hotel operations including housekeeping, administration, chefs, and property maintenance.