Asian Hotels and Properties PLC Stock

Asian Hotels and Properties PLC is a Sri Lanka-based company, which is engaged in the business of hoteliering, property development and management. The Company operates through two segments: leisure and property. The leisure operating segment encompasses two five-star city hotels in Colombo under the brand Cinnamon Hotels and Resorts. The property operating segment concentrates primarily on rental income derived from the investment property adjoining the hotels. The Company comprises of two five-star hotels Cinnamon Grand Colombo, and Cinnamon Lakeside Colombo, as well as investment property Crescat Boulevard. Its subsidiaries include Asian Hotels and Properties PLC, Ceylon Cold Stores PLC, John Keells PLC, John Keells Hotels PLC, Keells Food Products PLC, Tea Smallholder Factories PLC, Trans Asia Hotels PLC and Union Assurance PLC.