Nov 05, 2014 (LBO)-Sri Lanka’s Browns Hotel and Resorts private limited, a fully owned subsidiary of Browns Investments Plc recently signed a definitive agreements with Starwood Hotels & Resorts which will give Starwood the management rights to five-star Sheraton Kosgoda Turtle Beach Resort, owned by Browns Hotels and Resorts. The 172 room hotel is set open next year located in Kosgoda, the Southern Coast of Sri Lanka.
We believe Sri Lanka has the potential to become a preferred tourist destination for the high-end leisure traveler and are very excited to partner with Browns Hotels and Resorts to grow the Sheraton brand in this exotic location. said Dilip Puri, Managing Director – India and Regional Vice President – South Asia, Starwood Hotels and Resorts.
Starwood Hotels and Resorts Worldwide, is a hotel and Leisure Company with nearly 1,200 properties in 100 countries, and 181,400 employees at it owned and managed properties.
We are more than pleased to be working with Starwood Hotels and Resorts on this property, said Rimoe Saldin, Managing Director/ Chief Executive Officer, Browns Investments PLC.
Sheraton Kosgoda Turtle Beach Resort will add to Browns Hotels and Resorts’ already growing portfolio of luxurious properties in Sri Lanka,
Our presence in the leisure sector is st