Trans Asia Hotels PLC
CCSELK:TRAN.N000044.80
LKR
-0.10
(-0.22%)
ISIN
LK0166N00005
Return %
Stock
S&P 500
1Y
-31.08
14.39
3Y
12.00
81.42
5Y
-25.33
68.62
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
- 742
- Sector
- Consumer services
- Industry
- Hotels/Resorts/Cruise lines
- Address
- Colombo Sri Lanka
- IPO Date
- Oct 2, 1987
- Similar Companies
- Business
- Trans Asia Hotels PLC is a Sri Lanka-based hospitality company engaged in the ownership, operation, and management of luxury hotel and leisure properties. Founded in 1981 and headquartered in Colombo, Sri Lanka, the company operates as a subsidiary of John Keells Holdings PLC, one of Sri Lanka's largest diversified conglomerates. Trans Asia Hotels PLC owns and operates Cinnamon Lakeside Colombo, a premier five-star luxury city resort situated along the banks of Beira Lake in Colombo. The company's core business is organized into comprehensive hospitality and leisure services, which comprise luxury guest lodging and accommodation; diverse food and beverage dining operations; meetings, incentives, conferences, and exhibitions (MICE) banqueting; and leisure, wellness, and recreation facilities. Its accommodation offerings encompass deluxe guest rooms, premium executive floor rooms, specialty luxury suites, and presidential suites featuring lake and city views. Its food and beverage portfolio includes multiple specialty restaurants, bars, and lounges, notably authentic Thai dining at Royal Thai; Chinese cuisine at Long Feng; international buffet and all-day dining at The Dining Room; Sri Lankan-inspired beverage and culinary experiences at ColomBar; premium confections and gourmet coffee at The Lounge; and poolside refreshments at the Pool Bar. Its event and banqueting operations provide indoor and outdoor venue solutions, including the Kings Court ballroom, the Earls Court, modular conference suites, outdoor lakeside lawns, and 8° on the Lake, a specialized floating event venue. Recreational and wellness amenities include the full-service Azmaara Spa; a state-of-the-art fitness and health center; an outdoor swimming pool; floodlit tennis and squash courts; full-service business centers; and round-the-clock concierge and guest support services. In recent strategic and operational developments, Trans Asia Hotels PLC has executed targeted property refurbishment and venue revitalization programs across its guest accommodations, public areas, and dining outlets to capitalize on the ongoing recovery and expansion of international tourism and corporate travel in Sri Lanka. The company has enhanced operational synergies within the John Keells Leisure sector portfolio, positioning its offerings alongside the neighboring Cinnamon Life integrated resort development to capture increased regional MICE and leisure demand. Furthermore, Trans Asia Hotels PLC has expanded its sustainability initiatives through energy-conservation measures, reduced single-use plastics, sustainable supply-chain sourcing, and modernized digital guest engagement systems to optimize operating performance and service standards.