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Fairway Holdings’ new 181 room midscale hotel in Colombo’s city centre will be branded as ZMAX Fairway Colombo and managed by Plateno Hotels Group with the opening planned for March 2016. ZMAX is the design-led lifestyle collection of city hotels, resorts and serviced apartments positioned to serve both the domestic and international business guest and the leisure traveller.
Fairway Holdings is a fast growing Sri Lankan corporate with fairly diversified business interests. Started in 2004 with green energy generation, the company today is a leading developer in residential and commercial properties. Having completed three high-rise residential luxury apartment complexes and two commercial properties in the city of Colombo, they are currently progressing with two more luxury condos, one in Colombo and the other in the historic city of Galle.
The other diversified interests of the group include a domestic charter airline and an aviation school, a trading portfolio of glass, home interior solutions and pharmaceuticals. They have a well-established finance company that offers hire-purchase solutions with 28 branches island-wide and had ventured into the leisure sector with a camping and caravanning company, pioneering a new trend in enjoying outdoors in the country. More information about the group can be had from their website, fairwayholdings.com.
ZMAX Fairway Colombo will be the centrepiece of the integrated mixed use complex located directly behind the Dutch Hospital Complex which will also include shops, restaurants, bars and entertainment venues including a roof top Zolo Club, the ZMAX branded outlet. The hotel features Wi-Fi throughout, 24 hour security, guarantees a great night’s sleep, hot power showers and the most convenient address for visitors in the heart of Colombo, just 30 minutes from the international airport.
Plateno is expanding its regional footprint by opening resorts in the prime holiday locations in various Asian destinations, signalling a dramatic expansion and displaying its strong position a diversified hotel operator with 25 hotels open or under development throughout the region in eight countries including Sri Lanka and the Maldives. This is Plateno’s second hotel in Sri Lanka, the first being the Portofino Resort Tangalle consisting of 55 luxury units opened already.
“We are very proud to be working with one of Sri Lanka’s premier developers to manage this landmark hotel in the centre of Colombo which fills in a key place in our growing domestic network in Sri Lanka and our presence in key capital cities in Asia,” said Plateno Hotels Group Australasia Managing Director Kevin Wallace.
The Plateno Hotels Group was founded in 2005 in China beginning with the 7 Days Inn hotel brand. Plateno Hotels Group consists of a large family of 16 brands including but not limited to:
• Maison Albar, Portofino and H12 hotels, all providing full service luxury lodging experiences.
• ZMAX, James Joyce Coffetel and Lavande Hotels all providing a design and lifestyle midscale select service lodging experience.
• 7 Days Premium, 7 Days Inn and IU Hotels are providing a design driven, lifestyle experience at an affordable budget price.
Plateno Hotels Group is also the exclusive development partner and operator of 400 Hampton by Hilton Hotels to be rolled out across China over the next five years. Today Plateno Hotels Group is ranked as the number one hotel group in Asia and seventh globally in terms of total hotels with over 3,500 hotels operating or under development in nine countries.
The Fairway Group was formed in 2003 and is headquartered at #100, Buthgamuwa Road Rajagiriya. Renowned for the leadership in real estate development, today the Fairway Group is a name synonymous with luxury vertical living projects. While three luxury living high-rise projects were completed, two more are being constructed at present. The first two projects were awarded with the prestigious ICTAD award for construction excellence (2008 and 2010), while the third project was completed in 2015.
At present, it is a fully-fledged corporate operating in a plethora of industries, from real estate to manufacturing and trading operations, renewable energy projects, hire purchase services and most recently, the travel and leisure industry. Within the travel and leisure sector, the Group has added a domestic charter airline operation and an aviation training school, and a 200-room city hotel for the business traveller.