Sri Lanka Jetwing in US$6mn hotel in Jaffna: report

Feb 05, 2012 (LBO) – Sri Lanka’s Jetwing hotel group has started building a 700 million rupee (6.1 million US dollars) hotel in the northern city of Jaffna which was cut off from the rest of the island for many years due to a three decade war. The 76-room, 14-storey hotel will built with Mercantile Merchant Bank Limited, a firm connected to politician-businessman Milinda Moragoda, The Sunday Island newspaper said.

The hotel branded Jetwing Yarl, is being built on 46 perch land near Old Clock Tower Road in Jaffna.

Sri Lanka’s tourist arrivals zoomed after the end of 30-year war in 2009. Jaffna’s current accommodation is mostly made up of small guest houses.

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