Serendib Hotels Ltd
14.00
LKR
-1.40
(-9.09%)
ISIN
LK0149N00001
Return %
Stock
S&P 500
1Y
-43.09
14.20
3Y
6.87
81.12
5Y
47.37
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
- Full Time Employees
- 104
- Sector
- Consumer services
- Industry
- Hotels/Resorts/Cruise lines
- Address
- Colombo Sri Lanka
- IPO Date
- Jun 30, 2009
- Website
- brownshotels.com
- Similar Companies
- Business
- Serendib Hotels PLC is a Sri Lanka-based hospitality and leisure management company engaged in the investment, development, ownership, and operation of upscale resort hotels, boutique villas, and cultural tourism properties across Sri Lanka. Founded in 1966 and headquartered in Rajagiriya, Sri Lanka, the company operates as a key hospitality subsidiary of Eden Hotel Lanka PLC under the Browns Hotels and Resorts arm of LOLC Holdings PLC, while directly maintaining ownership stakes in subsidiaries such as Dolphin Hotels PLC, Hotel Sigiriya PLC, and Serendib Leisure Management Ltd. Serendib Hotels PLC caters to domestic and international leisure travelers, family vacationers, corporate clients, and experiential luxury tourists. The company’s core products and services comprise accommodation and lodging services across beachfront resorts, heritage lodges, and private luxury villas; food and beverage operations, including multi-cuisine dining outlets, specialty seafood restaurants, poolside and lounge bars, in-room dining, and bespoke destination culinary experiences; meetings, incentives, conferences, and exhibitions (MICE) facilities, providing corporate conference halls, banquet venues, outdoor event spaces, and destination wedding management; wellness, sports, and recreation services, encompassing comprehensive Ayurvedic and modern spa therapies, swimming pools, fitness centers, water sports, and guided eco-cultural excursions; and professional hospitality management and hotel advisory services, delivered through Serendib Leisure Management Ltd to oversee property operations, reservations, sales, and brand administration. The company’s commercial asset portfolio includes properties such as Thaala Bentota Resort along the southern coastline, Club Hotel Dolphin in Waikkal, Hotel Sigiriya adjacent to the UNESCO World Heritage site, and an exclusive boutique villa portfolio operating under Reveal The Collection, which includes Lantern Boutique Hotel, Ubuntu Beach Villa, and The Beach House in Mirissa. In recent developments, Serendib Hotels PLC has fully operationalized its strategic rebranding and repositioning of its flagship coastal property into Thaala Bentota Resort following its transition from prior international operator management. Over the past two years, the group has carried out extensive property refurbishments, service model enhancements, and sustainability-driven facility upgrades across key assets including Club Hotel Dolphin and Hotel Sigiriya to accommodate surging post-recovery inbound tourist demand. Additionally, the company has consolidated shared services, digital distribution channels, and operational procurement within the Browns Hotels and Resorts network to optimize cost structures and enhance cross-selling opportunities across its resort and boutique luxury tiers.