SHERATON HOTEL IN SRI LANKA |
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India's ITC Ltd, franchisee for US-based Sheraton leisure group will invest 300 million US dollars in Sri Lanka's on a beachfront in Colombo. The new property will be located on a seven-acre plot of land right by Colombo’s beautiful waterfront and will sit facing the Galle Face Green promenade. The Sheraton group aims to build on Sri Lanka’s recent popularity among worldwide tourists and take a share of the island’s booming tourism market with the purpose of creating a new high end accommodation option for discerning leisure and business travellers.  |
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