Renuka Hotels Plc
CCSELK:RCH.N0000175.00
LKR
-5.00
(-2.78%)
ISIN
LK0454N00005
Return %
Stock
S&P 500
1Y
-31.97
14.20
3Y
113.41
81.12
5Y
90.22
68.34
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
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in mil. unless spec.Quarterly Dividends Per Share
FRC
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in mil. unless spec.Company Description
- Sector
- Consumer services
- Industry
- Hotels/Resorts/Cruise lines
- Address
- Colombo Sri Lanka
- IPO Date
- Nov 21, 2017
- Website
- renukacityhotel.com
- Similar Companies
- Business
- Renuka Hotels PLC is a Sri Lanka-based hospitality and investment holding company primarily engaged in the ownership, management, and operation of star-class city hotels in Colombo, Sri Lanka. Founded in 1969 and headquartered in Colombo, Sri Lanka, the company operates across two principal business segments: Hotel Operations and Investments. Through its flagship properties and primary listed subsidiary, Renuka City Hotels PLC, the company provides a comprehensive suite of hospitality services and facilities catering to international business travelers, leisure tourists, and corporate clients. The company's core products and services include hotel room accommodations encompassing standard rooms, deluxe rooms, superior rooms, and executive suites with modern guest amenities; food and beverage services headlined by The Palmyrah Restaurant, known for traditional Sri Lankan and international cuisine, as well as bar, lounge, and 24-hour in-room dining services; event and meeting hosting consisting of fully equipped conference halls, boardrooms, and banquet venues designed for corporate seminars, business functions, private parties, and weddings; leisure and recreational amenities including a rooftop infinity swimming pool, a modern fitness gymnasium, and sundecks; and guest support services featuring business center facilities, high-speed internet access, concierge assistance, laundry and dry-cleaning, vehicle rentals, and airport transfer arrangements. In addition to hotel operations, the company, alongside subsidiary Amalgamated Theatres (Pvt) Ltd, manages an investment portfolio comprising listed equity instruments, government securities, and corporate debentures. In recent developments, Renuka Hotels PLC has focused on capitalizing on the ongoing resurgence of Sri Lanka's tourism sector by optimizing room occupancy rates, refining dynamic pricing strategies to navigate heightened market competition, and executing targeted upgrades to guest amenities and digital booking channels. The group has also implemented strict cost-containment measures across its hospitality properties, maintained strategic agility within its treasury and listed equity investment portfolios to support profitability, and sustained corporate continuity under the ongoing leadership of Joint Managing Directors Shibani Thambiayah and Arnila Thambiayah.