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Luxury Hotels for Sale and Investment in Kandy

Showing 1 - 2 of 2 Luxury Hotels for Sale and Investment in Kandy. Buy or Invest in a Luxury Hotel. Listed by Direct Business Owners & Business Brokers.
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Luxury Hotel for Sale in Kandy, Sri Lanka

Luxury hotel from Sri Lanka with a 65-75% occupancy rate is up for sale.
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.
5.7   Kandy
Run Rate Sales
USD 6.6 million
EBITDA Margin
20 %
Business for Sale
USD 58 Mn
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Luxury Hotel Franchise Opportunity

Palazzo Hospitality, 1 Franchisee, Est'd in 2019, Dubai HQ
  • 5000+ Page Views
  • 2000+ Investor Views
Palazzo Hospitality manages and operates one of the most sought-after properties in the UAE, Palazzo Versace Dubai, bringing into hospitality the DNA of the famous Italian fashion house, this ultra-luxury hotel. Located in Jaddaf Waterfront has constantly made headlines across the world, launching some unique projects in the industry. Palazzo Versace Dubai was one of the first hotels in the GCC region to expand the e-commerce side of the business setting in 2022 the “Gift An Experience” platform, where guests could purchase hotel stays, dining or wellness experiences with the ease of a click. The property has also introduced cryptocurrency payments and partnered with one of the world’s largest crypto exchange platforms, Binance. We are now looking to expand the brand globally by franchising and are seeking franchise partners for our hotel brands (Seotra, Myde Hotels, and The Appointment Hotel). Seotra - Ultra-luxury resorts for those seeking a serene holiday, Seotra hotels are right in the place the Earth meets the sea. Offering sophisticated pleasures on land and water, Seotra comes forward with incredible tailored experiences across the beach and nature. MYDE Hotels - Featuring an artful visual language that stands as a global model for purpose-built lifestyle living, MYDE Hotels put their guests at the core of everything, providing legendary services, the most luxurious amenities, and state-of-the-art facilities. Accented with cutting-edge designs and over-the-top technologies, the guests will be immersed in a true lifestyle experience complemented by unique dining prepositions across all the properties. Classy, minimalistic touches define MYDE Hotels. The Appointment - Putting hotels right in the heart of the destination, The Appointment features a wide number of facilities for business travelers, from proximity to financial districts to high-end meeting facilities, exceptional service, and effective workspaces. Adding sophistication and style, The Appointment caters to the most discerning tastes, making a business stay fine.
Palazzo Hospitality, 1 Franchisee, Est'd in 2019, Dubai HQ
8.6   Expanding in Asia
Exp Monthly Sales
USD 270 thousand
Space Required
100000 - 1000000 Sq Ft
Investment Required
USD 2.7 - 82 Mn
Contact Company
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Luxury Hotel Franchise Opportunity

Palazzo Hospitality, 1 Franchisee, Est'd in 2019, Dubai HQ
  • 5000+ Page Views
  • 2000+ Investor Views
Palazzo Hospitality manages and operates one of the most sought-after properties in the UAE, Palazzo Versace Dubai, bringing into hospitality the DNA of the famous Italian fashion house, this ultra-luxury hotel. Located in Jaddaf Waterfront has constantly made headlines across the world, launching some unique projects in the industry. Palazzo Versace Dubai was one of the first hotels in the GCC region to expand the e-commerce side of the business setting in 2022 the “Gift An Experience” platform, where guests could purchase hotel stays, dining or wellness experiences with the ease of a click. The property has also introduced cryptocurrency payments and partnered with one of the world’s largest crypto exchange platforms, Binance. We are now looking to expand the brand globally by franchising and are seeking franchise partners for our hotel brands (Seotra, Myde Hotels, and The Appointment Hotel). Seotra - Ultra-luxury resorts for those seeking a serene holiday, Seotra hotels are right in the place the Earth meets the sea. Offering sophisticated pleasures on land and water, Seotra comes forward with incredible tailored experiences across the beach and nature. MYDE Hotels - Featuring an artful visual language that stands as a global model for purpose-built lifestyle living, MYDE Hotels put their guests at the core of everything, providing legendary services, the most luxurious amenities, and state-of-the-art facilities. Accented with cutting-edge designs and over-the-top technologies, the guests will be immersed in a true lifestyle experience complemented by unique dining prepositions across all the properties. Classy, minimalistic touches define MYDE Hotels. The Appointment - Putting hotels right in the heart of the destination, The Appointment features a wide number of facilities for business travelers, from proximity to financial districts to high-end meeting facilities, exceptional service, and effective workspaces. Adding sophistication and style, The Appointment caters to the most discerning tastes, making a business stay fine.
Palazzo Hospitality, 1 Franchisee, Est'd in 2019, Dubai HQ
8.6   Expanding in Asia
Exp Monthly Sales
USD 270 thousand
Space Required
100000 - 1000000 Sq Ft
Investment Required
USD 2.7 - 82 Mn
Contact Company
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    There are 2 active and verified luxury hotels for sale and investment in Kandy listed on SMERGERS as of 11 February 2026.
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