Mahaweli Reach Hotel

Mahaweli Reach Hotel
Mahaweli Reach Hotel
	logo of the hotel
General information
Type	Hotel
Town or city	Kandy
Country	Sri Lanka
Coordinates	7°19′31.0″N 80°37′52.0″E / 7.325278°N 80.631111°E
Opened	1973; 51 years ago
Design and construction
Architect(s)	Ashley de Vos
Other information
Number of rooms	108
Number of suites	4
Number of restaurants	3
Number of bars	1
Website
	www.mahaweli.com
Company
Company type	Public
Traded as	CSE: MRH.N0000
ISIN	LK0118N00006
Industry	Hospitality
Key people	M. U. Maniku (Chairman); J. A. Panabokke (Managing Director);
Revenue	LKR375 million (2022)
Operating income	LKR(108) million (2022)
Net income	LKR(176) million (2022)
Total assets	LKR1,724 million (2022)
Total equity	LKR824 million (2022)
Owners	Universal Enterprises Pvt. Ltd (69.44%); Freudenberg Shipping Agencies Ltd. (6.44%); J. A. Panabokke (4.05%);
Number of employees	201 (2022)
	Footnotes / references;

Mahaweli Reach Hotel, traded as Mahaweli Reach Hotels PLC, is a five-star luxury hotel in Kandy, Sri Lanka. The hotel is located on the banks of the Mahaweli River, hence the name. The hotel was founded in 1973 and in 1982, it was listed on the Colombo Stock Exchange. Mahaweli Reach became the first five-star hotel in Kandy in 2000. Universal Enterprises, a Maldivian resort operator has been the controlling shareholder of the hotel since 2002. Mahaweli Reach, a hotel with colonial architecture, was designed by Ashley de Vos.^[2]

^ "Annual Report 2022" (PDF). cse.lk. Mahaweli Reach Hotels PLC. Retrieved 13 January 2023.
^ Pieris, Anoma (2013). Architecture and Nationalism in Sri Lanka: The Trouser Under the Cloth. Routledge. p. 212. ISBN 978-0-41563-002-3. Retrieved 21 July 2022.

[Annual_Report-1] "Annual Report 2022" (PDF). cse.lk. Mahaweli Reach Hotels PLC. Retrieved 13 January 2023.

[2] Pieris, Anoma (2013). Architecture and Nationalism in Sri Lanka: The Trouser Under the Cloth. Routledge. p. 212. ISBN 978-0-41563-002-3. Retrieved 21 July 2022.

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