Colombo’s iconic Galadari Hotel is expected to reopen in the second quarter of 2026, following a comprehensive refurbishment project, the company announced in a filing to the Colombo Stock Exchange (CSE).
The announcement, made by Galadari Hotels (Lanka) PLC, follows a series of previous disclosures dating back to 2019 regarding the ongoing redevelopment of the landmark property situated in Colombo 1.
Earlier this month, the company also revealed that it had entered into a supplementary agreement with the Board of Investment (BOI) of Sri Lanka to increase the envisaged investment for the refurbishment project from US$ 33.5 million to US$ 48.5 million, with the additional US$ 15 million to be financed by Mashreq Bank PSC, UAE, and the holding company Galadari Brothers Co. LLC.
The extensive refurbishment aims to elevate the hotel’s standards and offerings to meet modern hospitality expectations while maintaining its long-standing reputation as one of Colombo’s premier five-star destinations.
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A.R.B.J Rajapaksha