Cinnamon Lakeside Colombo, trading as Trans Asia Hotels PLC, is a five-star luxury hotel located in Colombo, Sri Lanka. The hotel is listed on the Colombo Stock Exchange and John Keells Holdings owns a stake of 92% of the company's shares, 48% directly and 43% through its subsidiary Asian Hotels and Properties PLC. Cinnamon Lakeside Colombo has 346 rooms including 20 suites.[1]
Cinnamon Lakeside Colombo | |
---|---|
Hotel chain | Cinnamon Hotels & Resorts |
General information | |
Type | Hotel |
Town or city | Colombo |
Country | Sri Lanka |
Opened | 1985 |
Other information | |
Number of rooms | 346 |
Number of suites | 20 |
Number of restaurants | 5 |
Number of bars | 3 |
Website | |
www | |
Company | |
Company type | Public |
CSE: TRAN.N0000 | |
ISIN | LK0166N00005 |
Founded | July 17, 1981 |
Key people | Krishan Balendra (Chairman) |
Revenue | LKR3,569 million (2023) |
LKR92 million (2023) | |
LKR(97) million (2023) | |
Total assets | LKR8,657 million (2023) |
Total equity | LKR5,942 million (2023) |
Owners |
|
Number of employees | 601 (2023) |
Parent | Asian Hotels and Properties |
Footnotes / references [1] |
History
editThe company was incorporated in 1981 as a public limited company. The hotel commenced its operations in 1985 and was originally known as the Ramada Renaissance Hotel. In 1995 the name was changed to Trans Asia Hotel.[2] In 2003, John Keells Holdings acquired a controlling stake of the company and in 2009, the hotel is rebranded as Cinnamon Lakeside Colombo.[3] During the Commonwealth Heads of Government Meeting 2013, some of the heads of State stayed at the hotel with no public access during this period.[4] In 2019, the hotel was ranked 11th of the top 25 properties in Sri Lanka in Tripadvisor's Travellers' Choice Awards.[5] The company is managed as a chain hotel of Cinnamon Hotels & Resorts brand and is a subsidiary of Asian Hotels and Properties PLC while John Keells Holdings is the ultimate parent company.[6]
COVID-19 pandemic
editIn January 2021, Cinnamon Hotels & Resorts announced the appointment of Kamal Munasinghe as the General Manager of Cinnamon Grand Colombo and Cinnamon Lakeside Colombo.[7] On March 7, 2021, the health authorities have permitted to resume operations during the COVID-19 pandemic, earlier a few staff members have contracted the virus while off duty.[8] The company launched "Flavours by Cinnamon", an online food ordering platform in April 2021.[9] The Cinnamon Hotels launched the "Meals that Heal" program, a food donation initiative with the help of the Sri Lanka Police. Under this program, the company will distribute 2,000 food packs daily for 14 days to the community the company operates.[10]
Amenities
editThe hotel has 346 rooms with 20 suites and eight restaurants: Royal Thai, Long Feng, the Library, ColomBar, Goodies, Pool Bar, and The Lounge. The hotel also houses the largest swimming pool in Colombo, tennis and squash courts and a gymnasium.[1] In 2012, the hotel launched the 8° on the lake, a floating event venue on the Beira Lake. The venue could accommodate 100 guests at a time.[11]
See also
editReferences
edit- ^ a b c "Annual Report 2022/23" (PDF). cse.lk. Trans Asia Hotels PLC. Retrieved 24 May 2023.
- ^ "Cinnamon Lakeside Hotel partially closed for repairs". adaderana.lk. Ada Derana. 30 March 2015. Retrieved 18 July 2021.
- ^ "Sri Lanka Trans Asia hotel to be re-branded". Lanka Business Online. 23 April 2009. Retrieved 18 July 2021.
- ^ Dias, Sunimalee (18 August 2013). "World leaders to stay at Hilton, Cinnamon Lakeside". The Sunday Times. Wijeya Newspapers. Retrieved 18 July 2021.
- ^ "Cinnamon Lakeside wins TripAdvisor award". dailynews.lk. Associated Newspapers of Ceylon. 22 February 2019. Retrieved 18 July 2021.
- ^ "Annual Report 2018/19" (PDF). cse.lk. Trans Asia Hotels PLC. Retrieved 18 July 2021.
- ^ "Cinnamon Hotels & Resorts appoints Kamal Munasinghe as General Manager for Cinnamon Grand Colombo and Cinnamon Lakeside Colombo". dailynews.lk. Associated Newspapers of Ceylon. 28 January 2021. Retrieved 18 July 2021.
- ^ "Cinnamon Lakeside Colombo cleared to resume operations". Colombo Gazzette. 7 March 2021. Retrieved 18 July 2021.
- ^ "Cinnamon's City Hotels launch online restaurant delivery platform with award-winning restaurants". DailyFT. Wijeya Newspapers. 8 April 2021. Retrieved 18 July 2021.
- ^ "Flavours by Cinnamon Food Delivery launches 'Meals that Heal'!". dailynews.lk. Associated Newspapers of Ceylon. 5 June 2021. Retrieved 18 July 2021.
- ^ "Cinnamon Lakeside launches Colombo's first floating leisure facility". The Sunday Times. Wijeya Newspapers. 15 January 2012. Retrieved 18 July 2021.