Wednesday, 12 June 2024 09:34

SLTDA invites investors for development of 7 rest houses on 30-year lease Featured

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Sri Lanka Tourism Development Authority (SLTDA) has issued a call for investors to submit conceptual proposals for the development of seven rest houses on a 30-year lease basis.

Rest houses located in Baththuluoya, Ragala, Nalanda, Anamaduwa, Weeraketiya, Galgamuwa and Hiripitiya aim to boost the country’s hospitality infrastructure and accommodate the growing influx of tourists, ensuring a sustainable and profitable tourism sector for Sri Lanka.

Interested investors are required to maintain these rest houses according to the standards set by SLTDA. Proposals must include plans featuring essential components such as a reception lobby, bedrooms with attached bathrooms, a restaurant, kitchen, toilets, storage facilities and staff accommodations.

Although the lease agreement spans 30 years, the initial lease period is set for 10 years. “An extension for an additional 20 years will be considered based on satisfactory operations during the first decade,” a top official said.

 

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