Four major hotel Groups vying for Hilton

by Ravi Ladduwahetty

Hot on the heels of the premier diversified blue chip conglomerate John Keells Holdings Ltd purchasing the controlling interests of Asian Hotels for Rs. 4.1 billion, four hotel groups are now vying for the controlling interests in Hotel Developers Lanka Ltd, the owning company of the Hilton Colombo, market analysts told the Daily News yesterday.
Full story