Galadari Hotels (Lanka) Plc
CCSELK:GHLL.N000014.10
LKR
-0.40
(-2.76%)
ISIN
LK0067N00005
Return %
Stock
S&P 500
1Y
-29.15
14.20
3Y
-17.06
81.12
5Y
-16.07
68.34
Capital Structure
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in mil. unless spec.Quarterly Revenue
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.Company Description
- Full Time Employees
- 306
- Sector
- Consumer services
- Industry
- Hotels/Resorts/Cruise lines
- Address
- Colombo Sri Lanka
- IPO Date
- Aug 16, 1993
- Website
- galadarihotel.lk
- Similar Companies
- Business
- Galadari Hotels (Lanka) PLC is a Sri Lanka-based hospitality and leisure company primarily engaged in hoteliering, food and beverage operations, and event hosting services. Incorporated in 1980 and headquartered in Colombo, Sri Lanka, the company owns and operates the Galadari Hotel Colombo, a premier landmark property situated in the central business district adjacent to the Indian Ocean and Galle Face Green. The company operates as a subsidiary of the United Arab Emirates-based conglomerate Galadari Brothers Company LLC, which maintains the majority ownership interest. Galadari Hotels (Lanka) PLC caters to international business executives, foreign leisure tourists, local corporate entities, and private event hosts. The company provides a systematic range of hospitality products and services, including luxury lodging and accommodation encompassing deluxe ocean-view rooms, executive suites, and presidential suites; food and beverage operations comprising multi-cuisine buffet restaurants, specialty fine dining restaurants, pastry shops, lobby cafes, and evening entertainment lounges; extensive meetings, incentives, conferences, and exhibitions (MICE) facilities featuring grand ballrooms, modular banquet halls, boardrooms, and outdoor event spaces equipped with modern audiovisual and conferencing systems; wellness and recreation amenities including an outdoor swimming pool, fitness center, sauna, steam rooms, and tennis courts; and comprehensive guest support services including 24-hour in-room dining, laundry and dry cleaning, concierge and airport transportation, business center services, and commercial shopping arcade leasing. In recent strategic developments, the company executed a landmark hotel management agreement with Radisson Hotels Asia Pacific Pte Ltd to manage and rebrand the property as Radisson Blu Hotel Galadari Colombo. To support this brand transition and elevate its competitive positioning in South Asia, the company launched a major phased property refurbishment and modernization initiative encompassing the extensive overhaul of guest accommodation wings, public lobbies, dining outlets, and mechanical, electrical, and plumbing infrastructure in accordance with Radisson Blu global luxury standards.