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 steadily growing and will soon lead us to be one of the largest hotel operators in Sri Lanka.”

The designing of the hotel has been handled by architectural firm in Thailand and construction by Sierra Construction Limited which follows an eco-friendly concept modeled against energy saving and organic initiatives.

Adjacent to a turtle hatchery, the resort will feature all its rooms with a beautiful view of the ocean, and will be equipped with the latest features.

Browns Hotels and Resorts’ properties currently in operation include: Eden Resort & Spa, Dickwella Resort & Spa and Green Paradise.

The Company also has plans on the horizon, with new properties planned for in Beruwela, Pasikuda and the Maldives.

(LBO)