Laugfs Holdings discusses Maldives resort ambitions

Sri Lanka-based Laugfs Holdings is reportedly looking to boost its presence in the hospitality industry by establishing a resort property in the Maldives.

Company Chairman W K H Wegapitiyahas told the TTG Asia travel news publication today that potential Maldivian locations were now being considered to establish a resort under the company’s Ananthaya brand.

The group is also said to be in talks to set up another resort property in Thailand, according to the report.

Laugfs Holdings, which was founded fifteen years ago to provide energy services, has in recent years moved to extend its operations into leisure and retail.