Cinnamon Lakeside Colombo

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Cinnamon Lakeside Colombo
TypePublic
CSE: TRAN.N0000
ISINLK0166N00005
Industry
Founded1981; 41 years ago (1981)
Headquarters
Colombo
,
Sri Lanka
Key people
  • Krishan Balendra (Chairman)
RevenueDecrease LKR 811 million (2021)
Decrease LKR (922) million (2021)
Decrease LKR (819) million (2021)
Owner
Number of employees
524 (2021)
ParentJohn Keells Holdings
Websitewww.cinnamonhotels.com/cinnamonlakesidecolombo
Footnotes / references
[1]

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 own 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]

History[]

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[]

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 given permission 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 be distributing 2,000 food packs daily for a 14 days period to the community the company operates.[10]

Amenities[]

The hotel has 346 rooms with 20 suites and eight restaurants: Royal Thai, Long Feng, the Library, ColomBar, Goodies, Pool Bar, The Lounge. The hotel also houses the largest swimming pool in Colombo, and 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[]

References[]

  1. ^ a b c "Annual Report 2020/21" (PDF). cse.lk. Trans Asia Hotels PLC. Retrieved 18 July 2021.
  2. ^ "Cinnamon Lakeside Hotel partially closed for repairs". adaderana.lk. . 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.

External links[]

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