September, 25, 2026
Trincomalee Beach Resort & Spa (Pvt) Ltd, owned by Mr. Kumar Jeyakumaran, Chairman of Platinum Group of Companies, is pleased to officially announce the signing of a long-term Hotel Management Agreement with Fairway Holdings, under the leadership of its Chairman, Mr. Virath de Alwis.
This 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.
Fairway Holdings will assume the professional management of the property, bringing its extensive expertise in hotel operations, hospitality management, quality assurance, sales and marketing, and international service standards. Following a comprehensive rebranding and operational enhancement programme, the hotel will officially operate under its new identity:
This 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.
Mr. Kumar Jeyakumaran, Owner of Trincomalee Beach Resort & Spa (Pvt) Ltd and Chairman of Platinum Group of Companies, stated:
“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:
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 extend 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.
Photo: Chairman of Fairway Holdings Virath de Alwis exchanging the management agreement with Trincomalee Beach Resort & Spa owner Kumar Jeyakumaran (centre) looked on by General Manager, Fairway Colombo Avinga Wanigasekara (left) Chief Operations Officer Fairway Leisure Gemunu Cooray and Chief Executive Officer Fairway Leisure Sector Basheer Cader (right).
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