Amaya Resorts & Spas

{{Infobox company

| name = Amaya Resorts & Spas

| logo = Amaya_Resorts_&_Spas_logo.jpeg

| logo_size = 150px

| type = Public

| traded_as = {{Colombo Stock Exchange|CONN.N0000}}

| ISIN = {{ISIN|sl=n|pl=y|LK0281N00002}}

| industry = {{Unbulleted list|Holding company|Hospitality}}

| predecessor = Connaissance de Ceylan Hotels

| founded = {{Start date and age|1981}}

| founder = Chandra Wickramasinghe of Connaissance de Ceylan Hotels{{cite news |last1=Amarasinghe |first1=Udeshi |title=Sri Lankanised Tourism |url=http://www.businesstoday.lk/article.php?article=11820 |access-date=23 May 2021 |work=businesstoday.lk |date=February 2018 |archive-date=23 May 2021 |archive-url=https://web.archive.org/web/20210523192054/http://www.businesstoday.lk/article.php?article=11820 |url-status=live }}

| hq_location_city = Colombo

| hq_location_country = Sri Lanka

| key_people = {{Unbulleted list|A. M. Pandithage (Chairman)|Rohan J. Karunarajah (Managing Director)}}

| revenue = {{increase}} LKR1,531 million

| revenue_year = 2023

| operating_income = {{IncreaseNegative}} LKR(892) million

| income_year = 2023

| net_income = {{IncreaseNegative}} LKR(824) million

| net_income_year = 2023

| assets = {{decrease}} LKR5,409 million

| assets_year = 2023

| equity = {{decrease}} LKR1,234 million

| equity_year = 2023

| owner = {{Unbulleted list|Hayleys (43.24%)|Dean Foster (Pvt) Ltd (21.34%)|Employees' Provident Fund (9.62%)}}

| num_employees = {{increase}} 699

| num_employees_year = 2023

| parent = Hayleys

| subsid =

| website = {{website|https://www.amayaresorts.com/}}

| footnotes = {{cite web |title=Annual Report 2022/23 |url=https://cdn.cse.lk/cmt/upload_report_file/532_1686064625586.pdf |website=cse.lk |publisher=Hayleys Leisure PLC |access-date=9 June 2023 |archive-date=29 June 2024 |archive-url=https://web.archive.org/web/20240629064212/https://cdn.cse.lk/cmt/upload_report_file/532_1686064625586.pdf |url-status=live }}

}}

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).{{cite web |title=Annual Report 2019/20 |url=https://www.amayaresorts.com/wp-content/uploads/2020/07/AMAYA-ANNUAL-REPORT-2020.pdf |website=cse.lk |publisher=Amaya Leisure |access-date=23 May 2021 |archive-date=23 May 2021 |archive-url=https://web.archive.org/web/20210523192054/https://www.amayaresorts.com/wp-content/uploads/2020/07/AMAYA-ANNUAL-REPORT-2020.pdf |url-status=live }} In 2020, Amaya Resorts & Spas ranked 87th amongst the top 100 most valuable brands in Sri Lanka by Brand Finance.{{cite web |title=Sri Lanka 100 2020 |url=https://brandfinance.com/wp-content/uploads/1/brand_finance_sri_lanka_100_2020_full_report.pdf |website=brandfinance.com |publisher=Brand Finance |access-date=23 May 2021 |archive-date=19 May 2021 |archive-url=https://web.archive.org/web/20210519104300/https://brandfinance.com/wp-content/uploads/1/brand_finance_sri_lanka_100_2020_full_report.pdf |url-status=live }}

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.{{cite news |title=Sri Lanka Amaya Leisure in US$100mn expansion |url=https://www.lankabusinessonline.com/sri-lanka-amaya-leisure-in-us100mn-expansion/ |access-date=23 May 2021 |work=lankabusinessonline.com |publisher=Lanka Business Online |date=10 July 2010 |archive-date=23 May 2021 |archive-url=https://web.archive.org/web/20210523192055/https://www.lankabusinessonline.com/sri-lanka-amaya-leisure-in-us100mn-expansion/ |url-status=live }} 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.{{cite web |title=Hayleys acquires leading hotel chain Amaya Resorts & Spas |url=https://www.hayleys.com/2011/09/05/hayleys-acquires-leading-hotel-chain-amaya-resorts-and-spas/ |website=hayleys.com |publisher=Hayleys |access-date=23 May 2021 |archive-date=23 May 2021 |archive-url=https://web.archive.org/web/20210523192058/https://www.hayleys.com/2011/09/05/hayleys-acquires-leading-hotel-chain-amaya-resorts-and-spas/ |url-status=live }} In 2012, Amaya acquired the Lake Lodge in Kandalama and was planning to add 400 rooms as expansion.{{cite web |title=Operationally solid Amaya Leisure embarks on expansion |url=https://www.hayleys.com/2012/02/29/operationally-solid-amaya-leisure-embarks-on-expansion-2/ |website=hayleys.com |publisher=Hayleys |access-date=23 May 2021}} 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.{{cite news |title='Langdale by Amaya' in the top 25 Luxury Hotels in Sri Lanka |url=http://www.dailymirror.lk/travel-getaways/langdale-by-amaya-in-the-top-25-luxury-hotels-in-sri-lanka/37-42490 |access-date=23 May 2021 |work=dailymirror.lk |publisher=Wijeya Newspapers |date=3 February 2014 |archive-date=23 May 2021 |archive-url=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 |url-status=live }}

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.{{cite news |title=Amaya Leisure divests subsidiary to Dhammika Perera at huge premium |url=http://www.dailymirror.lk/121256/Amaya-Leisure-divests-subsidiary-to-Dhammika-Perera-at-huge-premium- |access-date=23 May 2021 |work=dailymirror.lk |publisher=Wijeya Newspapers |date=27 December 2016 |archive-date=23 May 2021 |archive-url=https://web.archive.org/web/20210523192054/http://www.dailymirror.lk/121256/Amaya-Leisure-divests-subsidiary-to-Dhammika-Perera-at-huge-premium- |url-status=live }} 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.{{cite news |title=Amaya Resorts and Spas |url=https://lmd.lk/amaya-resorts-spas-2/ |access-date=23 May 2021 |work=lmd.lk |publisher=Media Services Pvt Ltd |archive-date=23 May 2021 |archive-url=https://web.archive.org/web/20210523192054/https://lmd.lk/amaya-resorts-spas-2/ |url-status=live }} In September 2017, Amaya Hills celebrated its 20th anniversary and Yes FM sponsored the main event held at Le Garage, the hotel's nightclub.{{cite news |title=Amaya Hills celebrates 20 years in hospitality |url=https://www.ft.lk/Travel-Tourism/Amaya-Hills-celebrates-20-years-in-hospitality/27-639919 |access-date=23 May 2021 |work=DailyFT |publisher=Wijeya Newspapers |date=20 September 2017 |archive-date=23 May 2021 |archive-url=https://web.archive.org/web/20210523192055/https://www.ft.lk/Travel-Tourism/Amaya-Hills-celebrates-20-years-in-hospitality/27-639919 |url-status=live }} 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.{{cite news |title=SLIC buys 9% stake in Amaya Leisure |url=https://www.ft.lk/front-page/SLIC-buys-9-stake-in-Amaya-Leisure/44-712084 |access-date=23 May 2021 |work=ft.lk |publisher=Wijeya Newspapers |date=25 January 2021 |archive-date=23 May 2021 |archive-url=https://web.archive.org/web/20210523192054/https://www.ft.lk/front-page/SLIC-buys-9-stake-in-Amaya-Leisure/44-712084 |url-status=live }}

Properties

File:Amaya Beach Pasikudah.jpg

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=

Amaya Beach, Pasikudah
Amaya Hills (formerly Le Kandyan), Kandy
Amaya Lake (formerly Culture Club), Dambulla
Kuda Rah, Alif Dhaal Atoll, Maldives (operated by Minor Hotels under the NH Hotels & Resorts brand as NH Kuda Rah{{cite news |title=Minor expands presence in Maldives with new NH Hotels resort at Kuda Rah |url=https://maldives-paradise.com/en_us/2024/08/minor-expands-presence-in-maldives-with-new-nh-hotels-resort-at-kuda-rah/ |access-date=2 November 2024 |work=maldives-paradise.com |publisher=Enova Estates |date=19 August 2024 }})