Profitable Hotel for Sale in Western Province, Sri Lanka

- 3-star beachfront hotel with 51 rooms and a built-up area of 12,800 sq. m.

- Constructed on a land parcel of 3,460 sq. m. and located close to the airport and tourist destinations.

- The hotel meets all standards for a 5-star but is not operating as one due to the high operating costs.

- Buyer can easily upgrade the hotel from 3-star to 5-star.

- The hotel gets bookings through booking agents and OTAs like TripAdvisor.

- Hotel has an occupancy rate of 40%-50%.

- The hotel had pre-Covid monthly sales of LKR 8-11 million in the offseason and LKR 12-15 million in season.

- Sales have dropped due to the pandemic.

- Buyer will get ownership of land, building, all physical assets in the hotel.

- The buyer may acquire the Sri Lankan legal entity that has ownership of the hotel as well.

- This transaction is being handled by a business broker based in Sri Lanka.

Hotel, swimming pool, bar, and a restaurant. We serve both foreign and local tourists.

Land, building, and all physical assets owned by the hotel.

51 room hotel with a built-up area of about 12,800 sq. m. The land area is approximately 3,460 sq. m.