Cinnamon Lakeside Colombo

(Redirected from Trans Asia Hotels)

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
Logo of Cinnamon Lakeside Colombo
Cinnamon Lakeside Colombo exterior
Hotel chainCinnamon Hotels & Resorts
General information
TypeHotel
Town or cityColombo
CountrySri Lanka
Opened1985; 39 years ago (1985)
Other information
Number of rooms346
Number of suites20
Number of restaurants5
Number of bars3
Website
www.cinnamonhotels.com/cinnamonlakesidecolombo
Company
Company typePublic
CSETRAN.N0000
ISINLK0166N00005
FoundedJuly 17, 1981; 43 years ago (1981-07-17)
Key people
Krishan Balendra (Chairman)
RevenueIncrease LKR3,569 million (2023)
Increase LKR92 million (2023)
Decrease LKR(97) million (2023)
Total assetsIncrease LKR8,657 million (2023)
Total equityIncrease LKR5,942 million (2023)
Owners
Number of employees
Increase 601 (2023)
ParentAsian Hotels and Properties
Footnotes / references
[1]

History

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The 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

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In 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

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The 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

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References

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  1. ^ a b c "Annual Report 2022/23" (PDF). cse.lk. Trans Asia Hotels PLC. Retrieved 24 May 2023.
  2. ^ "Cinnamon Lakeside Hotel partially closed for repairs". adaderana.lk. Ada Derana. 30 March 2015. Retrieved 18 July 2021.
  3. ^ "Sri Lanka Trans Asia hotel to be re-branded". Lanka Business Online. 23 April 2009. Retrieved 18 July 2021.
  4. ^ Dias, Sunimalee (18 August 2013). "World leaders to stay at Hilton, Cinnamon Lakeside". The Sunday Times. Wijeya Newspapers. Retrieved 18 July 2021.
  5. ^ "Cinnamon Lakeside wins TripAdvisor award". dailynews.lk. Associated Newspapers of Ceylon. 22 February 2019. Retrieved 18 July 2021.
  6. ^ "Annual Report 2018/19" (PDF). cse.lk. Trans Asia Hotels PLC. Retrieved 18 July 2021.
  7. ^ "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.
  8. ^ "Cinnamon Lakeside Colombo cleared to resume operations". Colombo Gazzette. 7 March 2021. Retrieved 18 July 2021.
  9. ^ "Cinnamon's City Hotels launch online restaurant delivery platform with award-winning restaurants". DailyFT. Wijeya Newspapers. 8 April 2021. Retrieved 18 July 2021.
  10. ^ "Flavours by Cinnamon Food Delivery launches 'Meals that Heal'!". dailynews.lk. Associated Newspapers of Ceylon. 5 June 2021. Retrieved 18 July 2021.
  11. ^ "Cinnamon Lakeside launches Colombo's first floating leisure facility". The Sunday Times. Wijeya Newspapers. 15 January 2012. Retrieved 18 July 2021.
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