Company filings, disclosures and news on Citrus Leisure PLC (REEF), Hotels/Resorts/Cruise lines on the Colombo Stock Exchange.
Citrus Leisure PLC has appointed Nirekshe Perera as Group Chief Executive Officer, Designate effective 1 September 2026; current CEO Chandana Talwatte will leave on 11 November 2026 and Perera will assume the Group CEO role on 12 November 2026 to lead the next growth phase.
Sri Lanka is seeking to position Colombo as a cruise tourism hub, with the government and private sector courting international cruise lines, exploring capacity for larger vessels and aiming to extend passenger stays to boost wider economic and hotel-sector benefits; talks include linking Cinnamon Hotels Group with international cruise operators.
Citrus Leisure (REEF.N0000) has partnered with RateGain to deploy the UNO Direct Stack across its hotel portfolio to boost direct bookings, improve conversion and increase direct revenue.
Citrus Leisure PLC reopened Citrus Waskaduwa (after a one-month refurbishment) and Citrus Hikkaduwa (after a two-month refurbishment) on 1 July 2026. The properties feature refreshed rooms, upgraded facilities and infrastructure, staff service training, and the group plans AI-driven digital enhancements for guest experiences.
Colombo market rebounded as the ASPI rose 0.67% to 21,547.17 with net foreign inflows of Rs. 22.6 million. Gains were led by selected blue-chip counters and heavy turnover in capital goods and food & beverage names, with notable moves in DIAL, BREW, CCS, ABAN and JKH.
ASPI fell 1.57% (340.85 pts) to 21,403.28 as the CSE opened in the red amid rising interest rates and Middle East tensions. Turnover was over Rs.2.6bn with foreign net outflows of Rs.54.1m; Melstacorp, Bukit Darah, Sampath and LOLC were key negatives while John Keells and ACL led turnover and HNB rose.
Colombo market closed lower as the ASPI fell 0.23% to 23,011.72 despite net foreign inflows of Rs. 597.5m; banking sector led turnover with large SEYB crossings and gains, while COMB, CINS, DFCC and Colombo Dockyard were among top negative contributors.
Colombo bourse rebounded as the ASPI rose 0.69% (155.47 pts) to 22,739.77 after Middle East developments pushed oil below $100, with turnover over Rs. 4.1bn and net foreign inflow of Rs. 62.4m. JKH, MELS and RIL were among top positive contributors while LIOC fell and REEF gained.
ASPI rose 155.47 points (0.69%) to 22,739.77 while the S&P SL20 gained 31.89 points (0.51%) to 6,245.13. Gains were led by John Keells, HNB, Melstacorp and R I L Property; turnover was Rs.4.13bn with domestic investors 97.3% and a net foreign inflow of Rs.62.4m, led by high activity in Citrus Leisure and Janashakthi Insurance.
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