Amaya Leisure buys Sri Lanka East Coast hotel

L to R: Samantha Ranatunga, Chairman, HVA Foods PLC; Jan Müggenburg, Chief Executive Officer, Müggenburg Group; Graham Stork, Chief Executive Officer, HVA Foods PLC; Sarva Ameresekere, Group Chairman, George Steuart & Co. Ltd.

May 01, 2014 (LBO) - Amaya Leisure Plc, a unit of Sri Lanka's Hayleys group said it bought 51 percent of Sun Tan Beach Resorts (Pvt) Ltd, which owns a hotel in Sri Lanka's East Coast for 563 million rupees.


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But travelling to the East is time consuming and more expensive.
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"This is a 125 room resort located at Passikudah, and would complement the rest of the Amaya chain of hotel," chairman Mohan Pandithage said in a statement.

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Sun Tan Beach Resorts was earlier branded Centara Passikudah Resorts and Spa, according to its website.

New resorts came up in Sri Lanka's eastern coast after the end of a 30-year war in 2009.

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The east is sunny when key beach areas in the Western and Southern coast are struck by seasonal monsoon rains after April.

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