Bangkok-based Minor International which operates ‘Anantara’ branded hotels in Thailand is looking forward to build beach resorts in Sri Lanka after the island emerged from a 30-year war and tourism prospects have brightened in Sri Lanka.
"We are now more optimistic about the potential in Sri Lanka. Our focus is around the Indian Ocean, and we do have a substantial budget approved for expanding. We see good returns in Sri Lanka" Chief Executive Officer of Minor Corporation, William Heinecke said.
Minor which is building its fourth resort in the Maldives had bought 20 percent of Sri Lanka's Serendib Hotels in the year 2007. Heinecke also said that they were considering investing in properties in the southern and eastern coasts. Minor also runs hotels in Thailand under the Marriott and Four Seasons brands and manages Thai franchises for Burger King Swensens, Pizza Company and Coffee Club.