CHC

What CHC does

Ceylon Hotels Corporation PLC (CHC) is a publicly listed Sri Lankan hospitality group founded in 1966 and traded on the Colombo Stock Exchange under ticker CHOT.N0000. The company operates a multi-brand hotel portfolio spanning heritage, mid-scale, upscale, and budget segments, including Queen's Hotel Kandy and Hotel Suisse Kandy (heritage), EKHO Hotels (six properties across multiple locations), Heritage Collection (nine-plus rest houses), and independent properties such as Raddison Hotel Kandy and The Lake Hotel. Headcount stands at 501-1000 employees, with the group serving domestic and international tourists across leisure, adventure, wildlife, and budget travel segments.

The underlying product is real estate and hospitality services at high-demand Sri Lankan destinations, with significant concentration of properties at UNESCO World Heritage Sites including Kandy, Galle, Sigiriya, and Dambulla. Revenue is generated through room accommodation, food and beverage, banquets and events, and third-party management fees. Distribution combines direct-to-consumer bookings, online travel agency channels, and walk-in traffic. Operations are supported by management partnerships with Galle Face Group (Hotel Management Company) and Amari Hotels & Resorts (Raddison Hotel Kandy), with KPMG as auditor and Deloitte as company secretary. The group holds a subsidiary interest in Kandy Hotels Company (1938) PLC.

The business model is asset-heavy hospitality with diversified tourism exposure and no disclosed technology platform or AI component. Competitive differentiation rests on the heritage and UNESCO-site real estate portfolio, a 50+ year operating history, multi-tier brand coverage, and embedded international management partnerships. Capital structure is that of a long-established public limited company rather than a venture-backed or growth-stage operator.

Name

CHC

Legal name

Ceylon Hotels Corporation PLC

Website

https://chcplc.com

Company type

Public

Founded year

1966

Operating status

Operating

Headcount range

501–1,000 employees

Short description

Ceylon Hotels Corporation PLC (CHC) is a publicly listed Sri Lankan hospitality group operating heritage, upscale, and budget hotel brands — including Queen's Hotel Kandy, EKHO Hotels, and Heritage Collection — at UNESCO World Heritage Sites, serving domestic and international leisure tourists.

Ownership category

akta.pro rank

Product category

Hospitality Services

NAICS

Hotels (except Casino Hotels) and Motels (72111), Traveler Accommodation (7211)

SIC

Hotels, Rooming Houses, Camps & Other Lodging Places (7000)

akta.pro primary industry

Resort-Area Full-Service Hotels (Non–All-Inclusive) (THAGAAAD)

akta.pro secondary industries

Resort & Branded Residence Vacation Rental Management (BPAJAIAE), Hotel & Resort Restaurants (THAFACAH), Beachfront & Island Luxury Resorts (THAGACAA)

Keywords

• Heritage hotel accommodation
• Boutique hospitality services
• Resort and guesthouse lodging
• Unesco tourism properties
• Budget rest house stays

Headquarters

HQ city

Colombo

HQ country

Sri Lanka

HQ region

Asia

Offices3 records

Markets served

GTM type

B2C

Offering type

Services

Revenue model

1. Hotel Room Rentals: Core revenue from room bookings across 4 brand portfolios including heritage properties, boutique hotels, resorts, and budget rest houses. Properties range from 92-room flagship hotels to 3-room intimate rest houses.
2. Food and Beverage: Restaurants and bars operating within hotel properties serving both in-house guests and external visitors. Properties feature 1-3 restaurants per location.
3. Event and Banquet Services: Revenue from banquet halls and event spaces at flagship properties like Queen's Hotel Kandy (2 banquet halls) and Hotel Suisse Kandy (1 banquet hall).
4. Third-party Hotel Management: Revenue from managed properties including Raddison Hotel Kandy (managed by Amari Hotels & Resorts) where CHC retains ownership but receives management fees or shared revenue.

Go-to-market motion1 record

Distribution channels4 records

Marketing channels6 records

Core offering

Ceylon Hotels Corporation PLC operates a diversified portfolio of hospitality properties across Sri Lanka under four independent brands. The portfolio includes heritage luxury hotels (Queen's Hotel Kandy, Hotel Suisse Kandy), boutique EKHO Hotels in beach, wildlife, cultural, and hill country destinations, the Heritage Collection of budget rest houses, and independently operated properties. Revenue is generated from room rentals, food and beverage services, banquet and event hosting, and third-party hotel management agreements.

Product overview

Ceylon Hotels Corporation PLC is a Sri Lankan hospitality company operating as a parent holding company with 4 independent brands and additional independent properties. The portfolio includes heritage luxury hotels (Queen's Hotel Kandy, Hotel Suisse Kandy), the EKHO Hotels boutique brand with 6 properties across beach, wildlife, cultural, and hill country destinations, the Heritage Collection budget rest house network with 9 properties, and independent properties (Raddison Hotel Kandy, The Lake Hotel). A separate listed subsidiary, Kandy Hotels Company (1938) PLC, manages additional Kandy-based assets.

Differentiator

Problem solved

Functional benefit

Brands

• Queen's Hotel Kandy: One of Sri Lanka's iconic heritage hotels, situated opposite the Temple of the Sacred Tooth Relic in Kandy.
• Hotel Suisse Kandy
• EKHO Hotels
• Heritage Collection
• The Lake Hotel
• Raddison Hotel Kandy

Segments4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

Four partnerships are on record, tiered core and minor.

• Galle Face Group (Pvt) LimitedcoreStrategic or Co-development PartnerGalle Face Group (Pvt) Limited serves as the Hotel Management Company for Ceylon Hotels Corporation PLC, providing operational management expertise across the CHC property portfolio.
• Amari Hotels & ResortscoreChannel Partner/ Reseller/ DistributorAmari Hotels & Resorts manages the Raddison Hotel Kandy property under the CHC portfolio, providing hospitality management services and brand standards for this 122-room hotel located adjacent to Kandy Lake.
• KPMGminorOthersKPMG serves as the external auditor for Ceylon Hotels Corporation PLC, providing annual financial audit services.
• Deloitte Corporate Services (Private) LimitedminorOthersDeloitte Corporate Services (Private) Limited acts as the Company Secretary for Ceylon Hotels Corporation PLC, providing corporate secretarial services from their Colombo 04 office.

Scale indicators4 records

Recent moves5 records

Broad incumbents

• Shangri-La Hotels and Resorts: Asia-Pacific headquartered international luxury hotel group operating full-service and resort properties including in South Asian heritage destinations. Relevant on luxury and resort competitive overlap with CHC's premium properties.
• Amari Hotels & Resorts (Onyx Hospitality): Regional hospitality brand under Onyx Hospitality Group operating upscale hotels across Asia. Already manages CHC's Raddison Hotel Kandy; comparable via shared customer base and operating partnership overlap.
• Taj Hotels (Indian Hotels Company): Heritage-led luxury hospitality operator with landmark properties across South Asia. Comparable to CHC through shared emphasis on legacy/colonial-era properties, premium positioning, and palace/fort-style accommodations.

Direct peers

• Aitken Spence Hotels (Heritance): Sri Lankan hospitality arm of Aitken Spence PLC, operating the Heritance and Adaaran brands at heritage and resort destinations. Directly comparable given similar Sri Lanka concentration and heritage-led positioning.
• Cinnamon Hotels & Resorts (John Keells): Sri Lanka's largest domestic hotel chain, owned by John Keells Holdings and listed on the CSE. Operates full-service, resort, and city hotels across Sri Lanka, mirroring CHC's multi-brand and multi-segment positioning.
• Jetwing Hotels: One of Sri Lanka's largest independent hotel operators, with ~30 properties spanning luxury, boutique, and heritage segments across the island. Directly comparable to CHC across multi-brand portfolio, heritage positioning, and tourism-led revenue mix.
• Galle Face Hotel: Iconic Sri Lankan heritage hotel in Colombo dating to 1864, operated independently. Direct competitor in the heritage-luxury segment and benchmark for CHC's own heritage properties (Queen's Hotel Kandy, Hotel Suisse Kandy).
• Serendib Hotels (Serendib Leisure Group): Sri Lankan hospitality company operating multiple resort and city hotel brands across the country. Comparable given similar scale, domestic orientation, and full-service offering across multiple price tiers.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat3 records

Key risks6 records

Key highlights6 records

Customer concentration

• Facebookfacebook.com/ceylonhotelscorp
• LinkedInlinkedin.com/company/chc_2
• Instagraminstagram.com/ceylonhotelscorp

Revenue estimate

Valuation estimate

Number of profiles

Subsidiaries1 record

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about CHC