Ceylon Hotels Corporation PLC
CCSELK:CHOT.N000028.00
LKR
+1.00
(+3.70%)
ISIN
LK0032N00009
Return %
Stock
S&P 500
1Y
-41.54
14.39
3Y
34.62
81.42
5Y
33.97
68.62
Capital Structure
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in mil. unless spec.Quarterly Revenue
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- Full Time Employees
- 555
- Sector
- Consumer services
- Industry
- Hotels/Resorts/Cruise lines
- Address
- Colombo Sri Lanka
- IPO Date
- Jul 6, 1987
- Website
- chcplc.com
- Similar Companies
- Business
- Ceylon Hotels Corporation PLC is a Sri Lanka-based hospitality and leisure management company engaged in the ownership, development, operation, and marketing of hotels, boutique resorts, heritage properties, and traditional rest houses. The company provides a comprehensive range of hospitality and travel services, structured into distinct service lines and branded portfolios: luxury and boutique resort accommodations under the EKHO Hotels & Resorts brand, comprising properties such as EKHO Surf in Bentota, EKHO Safari in Tissamaharama, EKHO Sigiriya, EKHO Lake House in Polonnaruwa, and EKHO Ella; landmark heritage lodging operated through its majority-owned subsidiary The Kandy Hotels Company (1938) PLC, encompassing the historic Queen's Hotel and Hotel Suisse in Kandy; a nationwide circuit of heritage rest houses and transit inns located across culturally and scenically significant regions, including establishments in Belihuloya, Pussellawa, Kithulgala, and Hanwella; comprehensive food and beverage operations, including fine-dining restaurants, casual eateries, cafes, bars, and outdoor catering; event management and banquet services for destination weddings, private celebrations, corporate meetings, incentives, conferences, and exhibitions; and specialized guest amenities, including wellness spas, recreational facilities, and guided tour coordination. Founded in 1966 and headquartered in Colombo, Sri Lanka, the corporation functions as a member of the Galle Face Hotel Group under parent entity Ceylon Hotel Holdings PLC, serving domestic vacationers, international leisure and business travelers, and institutional clients across coastal, cultural, wildlife, and hill-country destinations throughout Sri Lanka. In recent major company developments, Sri Lankan conglomerate Ambeon Capital PLC acquired an approximate 6.84% equity stake in Ceylon Hotels Corporation PLC as part of a strategic initiative to expand exposure in the national tourism and leisure sector. In addition, the group consolidated its corporate structure through its subsidiary The Kandy Hotels Company (1938) PLC by acquiring the remaining 83.89% shareholding in United Hotels Co. Ltd to make it a wholly owned subsidiary. Furthermore, Ceylon Hotels Corporation PLC has executed targeted refurbishment and property repositioning programs across its core assets, including modernizations of its Kandy heritage properties and a multi-phase restoration and reopening initiative for its historic CHC Rest House portfolio, including Heritage Kithulgala, Pussellawa Rest House, and Belihuloya Rest House, to serve growing demand for boutique, experiential, and heritage-focused travel.