Asset Management & Repositioning for Private Rentals

Responsible private rentals

Client: Private Property Owner

Status: Completed

RETRACE was appointed asset manager on behalf of the owner of an upmarket serviced rental business in Colombo. We repositioned the under-performing asset as the first regenerative tourism rental property in the Colombo area.

RETRACE sourced all furnishings, interior, art and styling by up-cycling waste materials, repurposing salvaged furnishings, sourcing local antiques. The entire supply chain was reassessed and procurement sourced 100% natural fiber-based fabrics and 100% organic bed and bath linen produced in Sri Lanka.

The property operates entirely plastic-free and contributes towards environmental initiatives in the area such as Beach Clean ups and reef restoration. Housekeepers are equipped with toxic-free, chemical-free cleaning materials that are produced in Sri Lanka.

Through this mandate, RETRACE Hospitality has proved that regenerative hospitality can be delivered in an urban, high-density environment.