 4 million.In November 2010 the Bank of Ceylon advertised for expressions of interest for a management partner in the hotel, with a number of local companies, including 
John Keells Holdings, Aitken Spence and Cargills Ceylon, together with international companies, Raffles Hotels & Resorts, Shangri-La Hotels and Resorts and Royal Orchid Hotels responding.In 2012 BoC shelved plans for any refurbishment or joint management

In May 2016 the President of Sri Lanka, Maithripala Sirisena, requested the Ministry of Public Enterprise Development issue bids for sale of the Grand Oriental Hotel.