LAUGFS Leisure eyes more hotels

LAUGFS Leisure is looking forward to take over the management or to buy hotels. It has a five year plan to aggressively enter the leisure sector by building hotels in the Cultural Triangle and in attractive locations in South coast and East coast. The first hotel to be constructed by the LAUGFS Group at a cost of Rs 500 million investment is expected to complete construction by June next year. The construction of the hotel in Karugapam in Chilaw by LAUGFS Leisure is currently under way..

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