Amaya Resorts & Spas Explained
| Amaya Resorts & Spas |
| Type: | Public |
| Predecessor: | Connaissance de Ceylan Hotels |
| Founder: | Chandra Wickramasinghe of Connaissance de Ceylan Hotels[1] |
| Hq Location City: | Colombo |
| Hq Location Country: | Sri Lanka |
| Revenue: | LKR1,531 million |
| Revenue Year: | 2023 |
| Operating Income: | LKR(892) million |
| Income Year: | 2023 |
| Net Income: | LKR(824) million |
| Net Income Year: | 2023 |
| Assets: | LKR5,409 million |
| Assets Year: | 2023 |
| Equity: | LKR1,234 million |
| Equity Year: | 2023 |
| Num Employees: | 699 |
| Num Employees Year: | 2023 |
| Parent: | Hayleys |
| Footnotes: | [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]
History
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. 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. 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.
Amaya hotels and resorts
Boutique collection by Amaya
See also
External links
Notes and References
- News: Amarasinghe . Udeshi . Sri Lankanised Tourism . 23 May 2021 . businesstoday.lk . February 2018 . 23 May 2021 . https://web.archive.org/web/20210523192054/http://www.businesstoday.lk/article.php?article=11820 . live .
- Web site: Annual Report 2022/23 . cse.lk . Hayleys Leisure PLC . 9 June 2023 . 29 June 2024 . https://web.archive.org/web/20240629064212/https://cdn.cse.lk/cmt/upload_report_file/532_1686064625586.pdf . live .
- Web site: Annual Report 2019/20 . cse.lk . Amaya Leisure . 23 May 2021 . 23 May 2021 . https://web.archive.org/web/20210523192054/https://www.amayaresorts.com/wp-content/uploads/2020/07/AMAYA-ANNUAL-REPORT-2020.pdf . live .
- Web site: Sri Lanka 100 2020 . brandfinance.com . Brand Finance . 23 May 2021 . 19 May 2021 . https://web.archive.org/web/20210519104300/https://brandfinance.com/wp-content/uploads/1/brand_finance_sri_lanka_100_2020_full_report.pdf . live .
- News: Sri Lanka Amaya Leisure in US$100mn expansion . 23 May 2021 . lankabusinessonline.com . Lanka Business Online . 10 July 2010 . 23 May 2021 . https://web.archive.org/web/20210523192055/https://www.lankabusinessonline.com/sri-lanka-amaya-leisure-in-us100mn-expansion/ . live .
- Web site: Hayleys acquires leading hotel chain Amaya Resorts & Spas . hayleys.com . Hayleys . 23 May 2021 . 23 May 2021 . https://web.archive.org/web/20210523192058/https://www.hayleys.com/2011/09/05/hayleys-acquires-leading-hotel-chain-amaya-resorts-and-spas/ . live .
- Web site: Operationally solid Amaya Leisure embarks on expansion . hayleys.com . Hayleys . 23 May 2021.
- News: 'Langdale by Amaya' in the top 25 Luxury Hotels in Sri Lanka . 23 May 2021 . dailymirror.lk . . 3 February 2014 . 23 May 2021 . https://web.archive.org/web/20210523192056/http://www.dailymirror.lk/travel-getaways/langdale-by-amaya-in-the-top-25-luxury-hotels-in-sri-lanka/37-42490 . live .
- News: Amaya Leisure divests subsidiary to Dhammika Perera at huge premium . 23 May 2021 . dailymirror.lk . Wijeya Newspapers . 27 December 2016 . 23 May 2021 . https://web.archive.org/web/20210523192054/http://www.dailymirror.lk/121256/Amaya-Leisure-divests-subsidiary-to-Dhammika-Perera-at-huge-premium- . live .
- News: Amaya Resorts and Spas . 23 May 2021 . lmd.lk . . 23 May 2021 . https://web.archive.org/web/20210523192054/https://lmd.lk/amaya-resorts-spas-2/ . live .
- News: Amaya Hills celebrates 20 years in hospitality . 23 May 2021 . DailyFT . Wijeya Newspapers . 20 September 2017 . 23 May 2021 . https://web.archive.org/web/20210523192055/https://www.ft.lk/Travel-Tourism/Amaya-Hills-celebrates-20-years-in-hospitality/27-639919 . live .
- News: SLIC buys 9% stake in Amaya Leisure . 23 May 2021 . ft.lk . Wijeya Newspapers . 25 January 2021 . 23 May 2021 . https://web.archive.org/web/20210523192054/https://www.ft.lk/front-page/SLIC-buys-9-stake-in-Amaya-Leisure/44-712084 . live .
