Mahaweli Reach Hotels Plc
CCSELK:MRH.N000016.60
LKR
+0.90
(+5.73%)
ISIN
LK0118N00006
Return %
Stock
S&P 500
1Y
-22.79
14.39
3Y
22.96
81.42
5Y
-2.92
68.62
Capital Structure
FRC
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in mil. unless spec.Working Capital
FRC
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in mil. unless spec.Growth Rates
FRC
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in mil. unless spec.Quarterly Revenue
FRC
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in mil. unless spec.Quarterly Earnings Per Share
FRC
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in mil. unless spec.Quarterly Dividends Per Share
FRC
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in mil. unless spec.Company Description
- CEO
- Jayantha Atul Panabokke
- Full Time Employees
- 200
- Sector
- Consumer services
- Industry
- Hotels/Resorts/Cruise lines
- Address
- Kandy Sri Lanka
- IPO Date
- Sep 25, 1987
- Website
- mahaweli.com
- Similar Companies
- Business
- Mahaweli Reach Hotels PLC is a Sri Lanka-based hospitality enterprise engaged in the ownership, management, and operation of luxury hotel, leisure, and event facilities. Founded in 1973 and headquartered in Kandy, Sri Lanka, the company operates the flagship five-star Mahaweli Reach Hotel located along the banks of the Mahaweli River in the Central Province. The company's core products and services encompass luxury hospitality accommodations, comprising 112 well-appointed guest rooms and suites including Deluxe Rooms, Executive Rooms, and Presidential Suites; food and beverage offerings, operated through multi-cuisine fine dining restaurants, riverside terrace dining, café lounges, and poolside bars offering local and international cuisines; meeting, incentive, conference, and exhibition (MICE) infrastructure, featuring versatile banquet ballrooms, boardrooms, and landscaped outdoor riverfront venues for corporate conferences, trade meetings, and destination weddings; wellness and leisure amenities, consisting of an Ayurvedic and holistic spa, a free-form outdoor swimming pool, a fully equipped fitness center, tennis courts, and Mahaweli riverboat excursions; and ancillary hospitality solutions, including tailored cultural and eco-tourism packages, in-house laundry services, and outdoor catering operations. Mahaweli Reach Hotels PLC primarily serves domestic leisure travelers, international tourists, corporate delegations, and event planners. In recent developments, the company has undertaken phased room and banquet refurbishment programs to upgrade interior design and guest amenities, integrated rooftop solar photovoltaic energy systems across its property to improve energy efficiency and advance sustainable operations, modernized its digital property management and direct reservation platforms, and entered into enhanced distribution and marketing alliances with inbound destination management companies and global travel platforms to strengthen market penetration amid the ongoing resurgence in Sri Lanka's tourism sector.