Royal Palms Beach Hotels PLC
CCSELK:RPBH.N000033.30
LKR
-2.70
(-7.50%)
ISIN
LK0307N00005
Return %
Stock
S&P 500
1Y
-55.60
14.20
3Y
33.20
81.12
5Y
13.27
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
- CEO
- Ravi Kurukulasooriya
- Full Time Employees
- 249
- Sector
- Consumer services
- Industry
- Hotels/Resorts/Cruise lines
- Address
- Waskaduwa Sri Lanka
- IPO Date
- Mar 13, 1998
- Website
- tangerinehotels.com
- Similar Companies
- Business
- Royal Palms Beach Hotels PLC is a Sri Lanka-based hospitality company engaged in the ownership, operation, and management of luxury beachfront resort properties and leisure services. Operating as a member of the Tangerine Group of Hotels, the company owns and manages the five-star Royal Palms Beach Hotel located along the southwestern coastline in Kalutara, Sri Lanka. The company provides a comprehensive range of hospitality products and services, which includes luxury lodging and accommodation comprising deluxe ocean-view rooms, executive suites, junior suites, and royal presidential suites; food and beverage operations featuring multi-cuisine buffet dining at the main restaurant, specialty international and oriental fine-dining outlets, beachfront seafood venues, poolside bars, cocktail lounges, coffee shops, and 24-hour in-room dining; banqueting and event services encompassing flexible conference halls, corporate meeting spaces, and beachfront event venues tailored for destination weddings, social banquets, and business seminars; wellness and recreation facilities comprising an authentic Ayurvedic wellness center and spa offering holistic therapies, a large outdoor swimming pool with whirlpool features, a fully equipped fitness gymnasium, floodlit tennis courts, squash courts, table tennis, billiards, and beach volleyball; and guest hospitality services including travel and excursion desks, airport transfer coordination, currency exchange, laundry facilities, and retail souvenir shopping. In recent operational developments, Royal Palms Beach Hotels PLC has undertaken strategic refurbishment and upgrade programs across its guest rooms, recreational areas, and dining facilities to align with evolving international luxury standards amid the resurgence of inbound tourism in Sri Lanka. The company has also accelerated its environmental sustainability framework by integrating rooftop solar energy systems, energy-efficient infrastructure, comprehensive waste segregation, and water conservation practices. In addition, the company has expanded its market reach through strengthened direct-booking digital channels, renewed partnership agreements with European and Asian tour operators, and the introduction of specialized holistic wellness and long-stay leisure packages. Founded in 1990, Royal Palms Beach Hotels PLC is headquartered in Colombo, Sri Lanka.