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Tilko Jaffna Invest Rs 600 Million Expansion, Hotels

Tilko Jaffna City Hotel is looking to build a city hall in Colombo and has expanded its footprint in Jaffna and three new hotels. The company has interests in London is also looking for the acquisition of a travel company.

The general manager of Tilko, Thilak T. Thilagaraj, speaks to Daily Business News said that the growing number of local and foreign travelers to Jaffna has bought two bungalows and converted hotels in Jaffna.

"The Park View Hotel offers 10 rooms, while the Fortway Hotel has seven rooms and these are mainly created to accommodate travelers on a budget."

He said he would also add 40 more rooms to Tilko Jaffna City Hotel this year. "We are also looking for a good operator to enter a spa that will be a first for Jaffna." A karaoke bar is also on the cards, which will also be another first for the region.

The second planning of the expansion is their front beach of the property in Jaffna Charty Beach. Thilak said he and his wife, co-investor, Kohila, also invested to convert the hotel from Katunayake airport to turn it into a hotel in the city. "We plan to add another 20 rooms and a swimming pool and other facilities to raise it to the status of three stars."

"We also have land in Balangoda and hope to build an ecological echo of ten rooms by the end of the year." The total investment for these investments will exceed Rs 600 million. Own tours and visits arm and wait to acquire for this purpose experior Travel to Colombo 3.

"We managed to negotiate to buy a 60% stake and willsign the deal in February. We wonder if we should score again. "

He then said to launch a mega-marketing campaign abroad from the ITB Berlin World Travel Fair from March.

Kohila Thilagaraj commented on operations in London currently have 45 single, long-term double and family-style leased apartments per day. "This is very popular with tourists and people who are working and trying to settle in London."

She said they will buy six more apartments by the end of this year. "Thanks to this new travel arm we are going to market all these properties even the citizens of Sri Lanka can be booked before going to London.

 
 

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