Marawila Resorts PLC
CCSELK:MARA.N00004.90
LKR
0.00
(0.00%)
ISIN
LK0292N00009
Return %
Stock
S&P 500
1Y
-37.97
14.20
3Y
75.00
81.12
5Y
51.37
68.34
Capital Structure
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in mil. unless spec.Working Capital
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in mil. unless spec.Growth Rates
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in mil. unless spec.Quarterly Revenue
FRC
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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
- 200
- Sector
- Consumer services
- Industry
- Hotels/Resorts/Cruise lines
- Address
- Colombo Sri Lanka
- IPO Date
- Mar 26, 1997
- Similar Companies
- Business
- Marawila Resorts PLC is a Sri Lanka-based hospitality company engaged primarily in the ownership, operation, and management of resort hotels and leisure facilities. The company owns and operates Club Palm Bay, an all-inclusive four-star resort property situated across 22 acres between the Indian Ocean and a freshwater lagoon in Marawila on the north-western coast of Sri Lanka. Marawila Resorts PLC operates within the consumer services and tourism sector, catering to international leisure travelers, tour groups, corporate clients, and domestic vacationers. The company provides a comprehensive portfolio of hospitality and leisure services, structured across multiple operational divisions: guest accommodation services, comprising deluxe rooms, suites, and private chalets equipped with private balconies, lagoon views, air conditioning, and modern amenities; food and beverage offerings, including multi-cuisine buffet dining at the Kundira Restaurant, specialty à la carte dining, poolside snack bars, cocktail lounges, and private dining arrangements; recreation and leisure facilities, featuring a large outdoor freshwater swimming pool, a nine-hole pitch-and-putt golf course, floodlit tennis courts, squash courts, badminton facilities, gymnasium, table tennis, and lagoon-based water sports such as kayaking and pedal boating; wellness and health treatments, offering traditional Ayurvedic therapies, herbal baths, and holistic spa services; and meeting, incentive, conference, and exhibition (MICE) solutions, encompassing indoor banquet halls, conference rooms with audiovisual infrastructure, and outdoor event spaces for corporate functions, destination weddings, and social banquets. In recent operations, Marawila Resorts PLC has undertaken strategic facility modernization and room refurbishment programs across Club Palm Bay to enhance guest experiences and capitalize on the robust rebound in Sri Lankan tourist arrivals. The company has implemented sustainability and operational efficiency measures, including energy conservation retrofits, enhanced waste management practices, and local sourcing protocols to optimize operating margins. Additionally, Marawila Resorts PLC has expanded its direct digital booking channels, upgraded marketing collaborations with major European, Russian, and Asian tour operators, and tailored specialized wellness and long-stay packages to diversify revenue streams. Founded in 1992, Marawila Resorts PLC is headquartered in Colombo, Sri Lanka, and operates as a subsidiary within the hospitality portfolio of The Colombo Fort Land & Building PLC group.