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Last updated: 1st August 2019

Introduction of Bangladesh Services Ltd

Bangladesh Services Limited (here-in-after referred to as “BSL” or “the Company”) has been engaged in the hospitality business since its inception and has pioneered international standard five-star hotel business in Bangladesh more than 40 years back.


BSL did hotel business in the name of Hotel Inter-continental Dhaka from 1973 to 1983 under an agreement with the-then Inter-continental Hotels Corporation, USA, Dhaka Sheraton Hotel from 1984 to April, 2011 under an agreement with Starwood Asia Pacific Hotels and Resorts Pvt. Ltd., USA and Ruposhi Bangla Hotel since May 2011 until it was closed for renovation in September 2014. However, the operation of VIP lounge in Hazrat Shahjalal International Airport, Dhaka, which is being used by the leading airlines as their business and first class passenger lounge, has not been closed and is being run by BSL.


On 19th February 2012, BSL has signed a Management Agreement with InterContinental Hotels Group (Asia Pacific) Pte Ltd. (IHG) for a 30-year term for management of its hotel with the option to renew the agreement for 2 terms of 5 years each. After completion of an extensive renovation of its hotel as per requirement of the management agreement to meet the brand standard of InterContinental, the hotel has started commercial operation from 1st December 2018 as InterContinental Dhaka after grand inauguration by the Hon’ble Prime Minister of the Government of the People’s Republic of Bangladesh.


In addition to hotel business, BSL has properties adjacent to its hotel, which have been rented out to local and international organizations.


Moreover, BSL has been managing, maintaining and operating Bangabandhu International Conference Center (BICC) since 1st July 2012 after it was awarded the said responsibilities through an open tender invited by the Public Works Department (PWD) of Ministry of Housing and Public Works on 17 June 2012. In the meantime, BSL has earned reputation for hosting the national and international conferences, seminars, exhibitions, etc. successfully.


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