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Sunday, 16 June 2013

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Damro ventures into hotels

Furniture Manufacturer, Damro, has ventured into tourism in Sri Lanka and plans to build a 270-room luxury hotel and a department store with an investment of $ 40 million.


An artist's impression of the hotel.

Named Marino Sands, the hotel will be built in Kollupitiya, extending from the Galle Road to the Marine Drive on one-and-a-half acres of land. This will be a 12-storey building with more than 400,000 square feet of space. There will be three basements for parking and two floors for a department store. The piling work is being handled by Nawaloka Piling.

Marino Sands Hotel, a BOI project, is due to open in 2016. "The hotel will have a roof-top pool and luxury accommodation will be available in a variety of categories. Each room will have a separate balcony. All guest rooms will have a space of 385 square feet. The hotel will offer rooms to meet every traveller's requirements," a spokesman for the company said.

There will be a roof-top restaurant and three 'sea view' restaurants. These will exclusively serve the in-house guests. "The 100,000 sq. ft. department store on the ground floor will give the hotel guests a shopping experience with quality, branded items at a reasonable prices. Prices will be competitive compared to other department stores in Asia. Competitive pricing can be maintained as the government has relaxed duties on electronic items and due to the development of the local garment industry," he said.

This department store will be a key feature in attracting foreigners who travel for shopping purposes.

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