Renuka City Hotels PLC
CCSELK:RENU.N0000736.00
LKR
+6.00
(+0.82%)
ISIN
LK0201N00000
Return %
Stock
S&P 500
1Y
-15.11
14.20
3Y
94.20
81.12
5Y
152.05
68.34
Capital Structure
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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
- 49
- Sector
- Consumer services
- Industry
- Hotels/Resorts/Cruise lines
- Address
- Colombo Sri Lanka
- IPO Date
- Oct 19, 1992
- Website
- renukacityhotel.com
- Similar Companies
- Business
- Renuka City Hotels PLC is a Sri Lanka-based hospitality company engaged in the ownership, operation, and management of star-class hotel properties catering to international and domestic business and leisure travelers. Founded in 1992 and headquartered in Colombo, Sri Lanka, the company operates as a key hospitality subsidiary of Renuka Hotels PLC and traces its heritage to the establishment of the original Hotel Renuka in 1969. Renuka City Hotels PLC provides comprehensive lodging, dining, and event management services, operating primarily through its flagship 99-room property situated along Galle Road in Colombo. The company offers a wide spectrum of hospitality products and services, including accommodation services featuring deluxe rooms, superior rooms, and executive suites equipped with high-speed wireless internet, climate control, LED satellite televisions, electronic safes, and ocean-view accommodations; food and beverage operations centered around its signature Palmyrah Restaurant, which specializes in authentic Jaffna and Sri Lankan cuisine alongside Indian and continental offerings; specialized beverage and lounge facilities, including the Palmyrah Bar and Eclipse Bar; twenty-four-hour in-room dining services; meetings, incentives, conferences, and exhibitions (MICE) facilities comprising multi-functional conference halls, private meeting rooms, audiovisual support, and bespoke corporate event planning; leisure and recreational amenities encompassing a rooftop infinity swimming pool overlooking the Indian Ocean and a dedicated fitness center; and comprehensive guest support services including round-the-clock concierge, airport transfers, chauffeur transportation arrangements, laundry and dry cleaning, valet parking, and business center facilities. In recent operational developments, Renuka City Hotels PLC has focused on strategic operational efficiency and aggressive cost-management programs to navigate heightened competitive pressures arising from the rapid expansion of Colombo's hotel room inventory. Amid the sustained post-crisis rebound in Sri Lankan tourism, the company has implemented targeted upgrades across its guest facilities, enhanced its digital booking and direct-reservation channels, and expanded its corporate hospitality and MICE offerings to capture growing regional travel demand while optimizing returns across its investment portfolio.