‘Steuart House’, the 175-year old colonial building in Fort which houses the headquarters of George Steuart & Co. Ltd, will be re-opened in end May as a boutique hotel, officials said. The building housing George Steuart & Co. Ltd, the country’s oldest mercantile institution, has been transformed to a 50-room hotel at a Rs.350 million [...]

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The Sunday Times Sri Lanka

Steuart House boutique hotel to open this month

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‘Steuart House’, the 175-year old colonial building in Fort which houses the headquarters of George Steuart & Co. Ltd, will be re-opened in end May as a boutique hotel, officials said.

The building housing George Steuart & Co. Ltd, the country’s oldest mercantile institution, has been transformed to a 50-room hotel at a Rs.350 million investment.

Divasa Equity owns 70 per cent of George Steuart & Co. Ltd. According to officials, the hotel will be marketed under a “Scottish theme”. A mix of internally generated funds and bank borrowings has been utilised for the project.

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