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Four Seasons plans resort in Sri Lanka
2 August 2011: Canada based Four Seasons leisure group plans a 400-room resort on an islet off Kalpitiya in Sri Lanka's north western coast. The islands owned by the state are offered on lease to developers. A team from Four Seasons are negotiating with the government.
Also, Hong Kong-based Shangri La have announced plans to build new resorts.
Source: Lankabusinessonline