The leading Hotel chain in the country and part of the Tata Group, Taj Hotel Resorts and Palaces has recently announced the brand 'new architecture' for its existing chain in the Sri Lanka market. It is to be mentioned here that the hotel chain also mentioned the fact that will also be looking for more sites with a view to expand its operations in the post-war island nation.

For the uninitiated, the group has three properties in Sri Lanka. Five-star hotels in Colombo and Bentota and the portfolio even includes a four star hotel in Seeduwa which is situated near the International Airport.

Raymond Bickson, Managing Director & CEO, Indian Hotels Company recently said that the Group is eying to cash in on the increased tourist traffic and will be expanding without compromising with the quality standards of the Group.

Moreover, Ajoy K Misra, Senior Vice-President, sales and marketing of the company said that there has been an overwhelming turnaround in the fares of the rooms.

The executive also pointed out the fact that the room which was going at a rate of $50-60 is now moving at a rate of $100.