Amaya Resorts & Spas

Last updated
Amaya Resorts & Spas
Type Public
CSE:  CONN.N0000
ISIN LK0281N00002
Industry
PredecessorConnaissance de Ceylan Hotels
Founded1981;42 years ago (1981)
FounderChandra Wickramasinghe of Connaissance de Ceylan Hotels [1]
Headquarters
Colombo
,
Sri Lanka
Key people
  • A. M. Pandithage (Chairman)
  • Rohan J. Karunarajah (Managing Director)
RevenueIncrease2.svg LKR1,531 million (2023)
Increase Negative.svg LKR(892) million (2023)
Increase Negative.svg LKR(824) million (2023)
Total assets Decrease2.svg LKR5,409 million (2023)
Total equity Decrease2.svg LKR1,234 million (2023)
Owner
Number of employees
Increase2.svg 699 (2023)
Parent Hayleys
Website www.amayaresorts.com
Footnotes /references
[2]

Amaya Resorts & Spas, trading as Hayleys Leisure PLC (formerly Amaya Leisure PLC), is a Sri Lankan hospitality company. The company is listed on the Colombo Stock Exchange on 11 March 1996 and Sri Lankan conglomerate, Hayleys owns a controlling stake of 61.66% of the company's stocks (40.32% directly and 21.34% via its subsidiary, Dean Foster (Pvt) Ltd). [3] In 2020, Amaya Resorts & Spas ranked 87th amongst the top 100 most valuable brands in Sri Lanka by Brand Finance. [4]

Contents

History

An aerial view of Amaya Beach, Pasikudah Amaya Beach Pasikudah.jpg
An aerial view of Amaya Beach, Pasikudah

Amaya Leisure commenced operations in 1981 as Connaissance, a tour operator and then in 1994, built a chalet-type hotel adjacent to the Kandalama lake. The hotel has 106 rooms and has been upgraded to four-star class and rebranded as Amaya Lake in 2005. [5] Hayleys acquired Amaya Leisure PLC on September 1, 2011. Back then, the company consisted of only three resorts, Amaya Lake, Amaya Hills, and Amaya Langdale. [6] In 2012, Amaya acquired the Lake Lodge in Kandalama and was planning to add 400 rooms as expansion. [7] As part of Tripadvisor's travellers choice, Amaya Langdale, a luxury boutique hotel, was ranked amongst the Top 25 Luxury Hotels in Sri Lanka in 2014. [8]

In 2016, Amaya Leisure sold 84.3 per cent of shares of The Beach Resorts Limited to Dhammika Perera, the co-chairman and controlling shareholder of Hayleys, for LKR330.1 million in a related party transaction. [9] The Beach Resorts Limited is a freehold property located in Wadduwa. In the same year, Amaya Leisure ventured into the Maldives by acquiring a 51-villa luxury resort for US$23 million. [9] In 2017, Amuna Ayurveda Retreat won the Best Wellness Retreat at the World Spa Awards. [10] In September 2017, Amaya Hills celebrated its 20th anniversary and Yes FM sponsored the main event held at Le Garage, the hotel's nightclub. [11] In 2021, the long-term director/shareholder, Lalin Samarawickrama, who was the fourth-largest shareholder, quit the company and sold his stake of 9% to Sri Lanka Insurance Corporation. [12]

Properties

Currently, the company has a capacity of 439 rooms across its nine properties, while owning six of them and managing the other three properties on behalf of third-party owners. [3] Amuna Ayurveda Retreat is located in Kimbissa, Sigiriya. The retreat is built in a manner to represent a traditional village and built using recycled materials. The medicinal oil and food are grown in the village itself and the meals served to the guests are purely vegetarian. [10]

Amaya hotels and resorts

Boutique collection by Amaya

See also

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References

  1. ↑ Amarasinghe, Udeshi (February 2018). "Sri Lankanised Tourism". businesstoday.lk. Retrieved 23 May 2021.
  2. ↑ "Annual Report 2022/23" (PDF). cse.lk. Hayleys Leisure PLC. Retrieved 9 June 2023.
  3. 1 2 "Annual Report 2019/20" (PDF). cse.lk. Amaya Leisure. Retrieved 23 May 2021.
  4. ↑ "Sri Lanka 100 2020" (PDF). brandfinance.com. Brand Finance. Retrieved 23 May 2021.
  5. ↑ "Sri Lanka Amaya Leisure in US$100mn expansion". lankabusinessonline.com. Lanka Business Online. 10 July 2010. Retrieved 23 May 2021.
  6. ↑ "Hayleys acquires leading hotel chain Amaya Resorts & Spas". hayleys.com. Hayleys. Retrieved 23 May 2021.
  7. ↑ "Operationally solid Amaya Leisure embarks on expansion". hayleys.com. Hayleys. Retrieved 23 May 2021.
  8. ↑ "'Langdale by Amaya' in the top 25 Luxury Hotels in Sri Lanka". dailymirror.lk. Wijeya Newspapers. 3 February 2014. Retrieved 23 May 2021.
  9. 1 2 "Amaya Leisure divests subsidiary to Dhammika Perera at huge premium". dailymirror.lk. Wijeya Newspapers. 27 December 2016. Retrieved 23 May 2021.
  10. 1 2 "Amaya Resorts and Spas". lmd.lk. Media Services Pvt Ltd . Retrieved 23 May 2021.
  11. ↑ "Amaya Hills celebrates 20 years in hospitality". DailyFT. Wijeya Newspapers. 20 September 2017. Retrieved 23 May 2021.
  12. ↑ "SLIC buys 9% stake in Amaya Leisure". ft.lk. Wijeya Newspapers. 25 January 2021. Retrieved 23 May 2021.
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