May 05, 2016 (LBO) – Sri Lanka’s hotels and travel sector front runner Lighthouse Hotel has decided to construct a new hotel through incorporation of a fully owned subsidiary.
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The company said in a stock exchange filing that the Board of Directors has approved a proposal to build the hotel with 36 rooms at Unawatuna area for about 350 million rupees.
The listed Lighthouse Hotel which incorporated in 1994 owns and operates Jetwing Lighthouse and Jetwing Kurulubedda, which is targeted at up market leisure travelers.
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