Trincomalee Beach Resort and Spa Ltd., owned by Platinum Group of Companies Chairman Kumar Jeyakumaran has announced the signing of a long-term Hotel Management Agreement with Fairway Holdings, under the leadership of its Chairman Virath de Alwis.
The landmark partnership marks a significant milestone in the evolution of one of Trincomalee’s premier beachfront hospitality destinations and reflects a shared vision to position the property among Sri Lanka’s leading coastal resorts.
The strategic collaboration is expected to transform the resort into a world-class destination, offering exceptional guest experiences while strengthening Trincomalee’s position as one of Sri Lanka’s fastest-growing tourism destinations
Kumar Jeyakumaran said: ‘This partnership represents far more than a management agreement. It is a commitment to the future of Trincomalee’s tourism industry By joining hands with Fairway Holdings, we are combining local vision with internationally recognised hospitality expertise to create a destination that will set new benchmarks in service excellence, guest satisfaction, and sustainable tourism. We firmly believe this collaboration will bring significant economic benefits to the Eastern Province while creating employment opportunities and encouraging further investment into the region.’
Under Fairway Holdings’ management, guests can expect: International hospitality standards and service excellence; Enhanced accommodation, dining, and leisure experiences; Improved guest facilities and modern resort amenities; Professional hotel management systems and operational excellence; Stronger international and domestic marketing initiatives; New tourism experiences designed to attract both leisure and business travelers and Sustainable tourism practices that support the local community and environment.
The partnership also reflects the confidence of both organisations in the long-term growth potential of Trincomalee. With increasing tourist arrivals, expanding infrastructure, and growing international interest in Sri Lanka’s East Coast, the investment represents an important step towards making Trincomalee a premier tourism and investment destination in South Asia.
The management agreement is also expected to generate positive value for investors and stakeholders by enhancing the resort’s commercial performance, strengthening its market positioning, increasing occupancy, and improving long-term asset value through professional management and strategic brand Development.
As Fairway Trinco, the resort will become a flagship destination that combines the natural beauty of Trincomalee with the trusted hospitality standards synonymous with the Fairway brand.
Both Platinum Group of Companies and Fairway Holdings extended their sincere appreciation to their shareholders, business partners, government institutions, tourism stakeholders, employees, and the people of Trincomalee for their continued confidence and support throughout this exciting journey.
Together, both organisations look forward to welcoming guests from around the world to experience a new era of hospitality.