John Keells Hotels

John Keells Hotels PLC

Hikka Tranz by Cinnamon is one of the eight resorts of John Keells Hotels in Sri Lanka
Company type	Public Subsidiary
Traded as	CSE: KHL.N0000
ISIN	LK0343N00000
Industry	Hospitality
Headquarters	Colombo , Sri Lanka
Areas served	Sri Lanka Maldives
Key people	Krishan Balendra (Chairman)
Brands	Cinnamon Hotels & Resorts
Revenue	LKR28.835 billion (2023)
Operating income	LKR1.742 billion (2023)
Net income	LKR(333) million (2023)
Total assets	LKR87.096 billion (2023)
Total equity	LKR32.598 billion (2023)
Number of employees	2,309 (2023)
Parent	John Keells Holdings (80.23%)
Website	www.cinnamonhotels.com
Footnotes / references [1]

John Keells Hotels PLC is a hotel holding company in Sri Lanka. John Keells built its first resort in 1973 in Habarana. John Keells' hotel management company operated under several names. In the 1970s, the company was known as Walkers Tours Hotels. Then in the 1980s, it was known as simply Hotel Management & Marketing Services, and finally, in the 1990s, the company became to known as John Keells Hotels. John Keells ventured into the Maldives in 1996 with the acquisition of Velidhu Resort Hotel. In 2004, the hotel chain underwent a major restructuring. All resorts were brought under John Keells Hotels Limited, and the company was listed on the Colombo Stock Exchange.

The company launched Chaaya Hotels & Resorts brand in 2007. Habarana Village was the first resort to be relaunched under the new brand. Subsequently, all resorts in the hotel were relaunched under the Chaaya brand. The rebranding of the resorts in the chain for the second under Cinnamon Hotels & Resorts was completed in 2015. The company's performances were affected by the 2019 Sri Lanka Easter bombings. John Keells Hotels is one of the LMD 100 companies in Sri Lanka. The company's brand, Cinnamon Hotels & Resorts, was the most valuable hospitality brand in Sri Lanka in 2022.