Miracle City Inn Hostel is a great value for either a short or long stay in Colombo. It’s newly renovated, well-designed, and quiet. The rooftop is a nice spot to enjoy morning coffee or tea (or a beer at sunset), and they have lots of other amenities, as well, like a dartboard, fooseball table, soundsystem, and projector/screen for watching movies. They also helped us with our laundry and charged a reasonable rate (compared to other laundry services in the area).
And then there is the staff. What a warm, kind and helpful group of people. We enjoyed talking with them and learning from them, and they were full of helpful tips as we were planning our visit to Sri Lanka. They also run a travel agency on the first floor so there is a lot of knowledge in that building.
If we find ourselves in Colombo again, we’d stay here and would definitely recommend it if you’re visiting the area.