Kandy Hotels Company (1938) PLC

Kandy Hotels Company (1938) PLC

CCSELK:KHC.N0000
11.10
LKR
+0.80
(+7.77%)
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Capital Structure

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Working Capital

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Growth Rates

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Quarterly Revenue

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Quarterly Earnings Per Share

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Quarterly Dividends Per Share

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Company Description

Sector
Consumer services
Industry
Hotels/Resorts/Cruise lines
Address
Kandy Sri Lanka
IPO Date
Nov 4, 1987
Website
chcplc.com
Business
The Kandy Hotels Company (1938) PLC is a Sri Lanka-based hospitality and leisure enterprise engaged in the ownership, operation, and management of heritage hotels, luxury resorts, and tourism facilities. Founded in 1924 and headquartered in Colombo, Sri Lanka, the company operates as a key subsidiary of Ceylon Hotels Corporation PLC within the Galle Face Hotel Group. The company's core operations are structured around full-service hospitality offerings, categorized into guest accommodation; food and beverage operations; conference, meetings, and event banqueting; and leisure, wellness, and recreational amenities. Its accommodation portfolio includes luxury heritage suites, deluxe rooms, and standard guest rooms across flagship heritage properties, notably the historic Queen's Hotel and Hotel Suisse located in Kandy. Through its wholly owned subsidiary United Hotels Company Limited, the company provides boutique, wildlife, and beachfront lodging under the EKHO Hotels brand, comprising EKHO Surf in Bentota, EKHO Safari in Tissamaharama, and EKHO Lake House in Polonnaruwa. Its food and beverage services encompass fine dining restaurants, all-day dining multi-cuisine venues, coffee shops, cocktail bars, and heritage lounges offering local Sri Lankan and international culinary experiences. The company also provides comprehensive event infrastructure, including colonial-style grand ballrooms, modern meeting rooms, outdoor garden reception spaces, audiovisual facilities, and custom catering services tailored for corporate seminars, international conferences, state functions, and destination weddings. Additional guest amenities and tourism services include swimming pools, fitness centers, traditional Ayurvedic spa treatments, curio and souvenir retail outlets, excursion desk arrangements, and guided cultural tours catering to domestic and international leisure travelers, heritage enthusiasts, and corporate clients. In recent strategic developments, The Kandy Hotels Company (1938) PLC consolidated its operational footprint by acquiring the remaining 83.89 percent equity stake in United Hotels Company Limited, transforming it into a wholly owned subsidiary to streamline the management of its regional resort network. Furthermore, the company maintains a strategic joint venture interest in Suisse Hotel Kandy (Pvt) Limited in collaboration with Sino Lanka Hotels and the Radisson Hotel Group to operate the Radisson Hotel Kandy, expanding its market reach into contemporary upscale lodging while executing ongoing room and infrastructure modernization programs across its signature heritage asset portfolio.