Hangtime Hostel is located on the sand swept shoreline of Weligama bay, in the south of Sri Lanka. As a pioneering surf and yoga inspired boutique hostel, Hangtime provides both private and dormitory style accommodation. Hangten, a chic restaurant and bar sits on the rooftop overlooking the waves. Yoga, surfing, great food, good coffee, and a good time await anyone visiting the hostel.
Silk Road Research was requested to conduct a comprehensive business valuation on Hangtime Hostel. To arrive at a fair and accurate valuation, the team made a locational analysis, conducted an in-depth risk assessment of all stakeholders, and developed a financial model to project revenues and expenses. This indepth analysis provided the Directors with a full understanding of their asset’s potential.
Silk Road’s Research department is our intellectual core; providing business plans, feasibility studies, industry and sector reports, forensic evaluation, management consultancy and other bespoke research services.
What Media (Private) Limited Sri Lanka acts as the hub connecting the marketing and publishing agencies What Media (Pty) Limited in Australia and What Media Limited in the UK. With a 19-year track record in the industry, their client base includes popular brands such as British Balls Magazine, The Australia Working Holiday Magazine, among many others.
From Silk Road’s inception, What Media has been a core client, using Silk Road’s Company Secretarial and Financial Services. The Financial Services team provides What Media with bookkeeping services, ad hoc financial statements, budgeting and drafting of audit accounts.
With What Media operating a virtual, international model, with operations in Sri Lanka, the UK and Australia, the Financial Services team has been instrumental in helping to streamline the accounting functions across international borders to deliver a clear and current picture of the company’s financial accounts.
As the relationship between our companies continues to deepen, Silk Road’s Client Relationship team has scheduled a regular fortnightly meeting with the What Media team for a review and update of all financially related matters.
All good strategic decisions are made on the basis of sound financial knowledge, and over many years, Silk Road Partners has provided the information that has allowed What Media to develop their business in line with their founders’ vision.
Tea Tree Villa, set on the beachfront at Ahangama in the south coast of Sri Lanka, is a luxurious, modern 5 bedroom villa. It is perfectly situated only 1.5 hours from Colombo, 30 minutes from Galle Fort, 10 minutes to Welligama and 20 minutes from Mirissa. Some of Sri Lanka’s most famous surf spots are a stone’s throw away.
As with any beachfront villa, the assets at Tea Tree are constantly being challenged by the natural elements. Silk Road Real Estate’s Property Management team works with experienced sub-contractors to put in place preventative maintenance measures to ensure all major components of the villa are taken care of, on a scheduled basis. On top of the cost savings brought about by averting sizable disasters, these steps ensure that on short notice the villa is ready to welcome guests. Furthermore, the team conducts regular inspections of the villa and develops in-depth Owners Reports using an online reporting system.
Complementing the above service, Silk Road’s Company Secretarial Services, Financial Services, and Human Resource Outsource functions assist the directors and shareholders of Tea Tree Villa, holistically shaping their investment in the country.