WelcomHotels Lanka (Private) Limited, a wholly owned subsidiary of ITC Hotels Limited, India, was incorporated in Sri Lanka in April 2012, with the objective of developing & operating a mixed-use development comprising a 352 key luxury hotel and a super-luxury residential apartment complex, on around 6 acres of prime ocean-facing land in Colombo.
The luxury hotel, ITC Ratnadipa, was launched in April 2024. Adorned by the finest work of Sri Lankan art maestros, the hotel symbolises the traditions of the island nation through its architectural design and artistic expression. Hosting award winning and signature restaurants & bars that offer a repertoire of local and global cuisine, the hotel also offers state of the art banqueting facilities with a ballroom of around 1,400 square metres, amongst the largest in Colombo. The hotel has been certified LEED (Leadership in Energy and Environment Design) Platinum by the United States Green Building Council (USGBC).
The residential complex, Sapphire Residences, designed by the world-famous Philippe Starck, houses an exquisite collection of 132 uber luxury apartments and penthouses with panoramic views of the city and the Indian Ocean. The complex is currently in the final stages of completion. Sapphire Residences core and shell has already obtained LEED Platinum pre-certification by USGBC.