John Keells Group's Cinnamon Box Office has launched an AI-powered Destination Event Calendar to aggregate and recommend events across Sri Lanka, aiming to boost Colombo's year-round appeal and provide hotels and event organisers with integrated ticketing, discovery and concierge tools.
Hotels & Tourism · Hotels/Resorts/Cruise lines
Asian Hotels and Properties PLC is a Colombo Stock Exchange listed hospitality and property company and the owner of Cinnamon Grand Colombo, the flagship property in the Cinnamon portfolio.
AHPL shares are down 32.1% over the past year and last closed at Rs 45.50 on Sep 30, 2026.
Monthly seasonality
| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | -4.6 | -1.7 | -5.6 | +2.8 | -2.4 | -4.3 | -9.1 | +2.1 | -2.3 | +0.0 | +0.0 | +0.0 |
| 2025 | -0.5 | -13.1 | -2.7 | +0.9 | -1.9 | +4.7 | +20.7 | +0.3 | -0.3 | -4.6 | -6.1 | +1.3 |
| 2024 | -0.9 | +5.3 | +1.0 | +12.2 | -5.9 | -6.7 | -7.5 | -0.4 | +4.5 | -2.6 | +4.8 | +8.3 |
| 2023 | +11.1 | +2.6 | +10.0 | -5.9 | -11.1 | -2.7 | +27.4 | +19.5 | +17.6 | -8.0 | +1.5 | -4.0 |
| 2022 | +3.4 | -5.5 | -14.0 | -12.2 | -6.8 | -1.3 | +0.3 | +50.0 | -6.7 | -4.8 | -1.2 | -11.1 |
| 2021 | -5.6 | -2.7 | -5.1 | +2.4 | -6.3 | +4.8 | +10.2 | -7.3 | +13.2 | +11.6 | -7.3 | -1.1 |
| 2020 | -8.6 | -8.4 | -15.9 | +0.0 | +0.0 | +20.5 | +8.0 | +10.5 | +0.3 | -8.1 | +5.8 | +21.8 |
| 2019 | -4.7 | +5.9 | -3.2 | -9.8 | -19.5 | +13.1 | +15.7 | -2.0 | +6.1 | +2.4 | +0.0 | -4.7 |
| 2018 | +1.1 | -0.7 | -5.5 | +7.6 | -7.2 | -2.0 | -6.1 | -19.6 | +9.2 | +4.0 | +0.0 | +2.4 |
| 2017 | +0.0 | -5.1 | +2.6 | +6.8 | +1.2 | +0.0 | -8.3 | -4.5 | +4.6 | -3.5 | -1.1 | +0.8 |
| 2016 | -13.6 | -1.2 | -6.7 | +16.8 | +0.2 | -3.6 | +3.8 | +5.5 | +3.3 | -0.7 | -5.9 | +1.8 |
| 2015 | -3.7 | +2.6 | -6.0 | +4.8 | +2.9 | -3.1 | +0.2 | -1.5 | -6.9 | +5.6 | -6.7 | -0.8 |
| 2014 | +1.2 | -8.0 | -1.7 | +9.7 | +13.3 | -7.1 | +4.6 | -2.1 | +0.9 | -0.1 | -2.9 | -0.3 |
| 2013 | +0.0 | -8.4 | +0.7 | -0.1 | +10.0 | -9.0 | +0.0 | -1.4 | +4.3 | +3.5 | -8.1 | -6.3 |
| 2012 | +0.0 | +0.0 | +0.0 | +0.6 | -4.6 | -2.0 | +2.3 | +5.2 | +7.0 | -8.3 | +1.2 | -3.2 |
| Average | -1.8 | -2.8 | -3.7 | +2.6 | -2.7 | +0.1 | +4.1 | +3.6 | +3.7 | -1.0 | -1.9 | +0.3 |
| ASPI average | +3.1 | -2.7 | -4.7 | +2.0 | +0.2 | +0.8 | +3.1 | +2.2 | +3.2 | -0.1 | +1.0 | +3.0 |
| Median | -0.7 | -2.2 | -4.2 | +2.6 | -3.5 | -2.0 | +2.3 | -0.4 | +4.3 | -1.6 | -1.2 | -0.6 |
| % up | 29% | 29% | 29% | 71% | 36% | 27% | 67% | 47% | 73% | 36% | 29% | 43% |
Fundamentals
| Line | FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 |
|---|---|---|---|---|---|---|---|---|
| Revenue | Rs 11.4B +10.4% | Rs 10.4B -3.8% | Rs 10.8B +28.0% | Rs 8.4B +105.6% | Rs 4.1B +128.7% | Rs 1.8B -67.8% | Rs 5.6B -27.4% | Rs 7.7B -11.2% |
| Operating profit | Rs 655.4M +45.5% | Rs 450.5M -26.5% | Rs 612.5M +558.8% | Rs 93.0M | Rs -407.0M | Rs -1.9B | Rs -27.9M | Rs 1.1B -38.9% |
| Net profit | Rs 410.9M +381.6% | Rs 85.3M +9.9% | Rs 77.7M turned profitable | Rs -332.8M loss narrowed | Rs -507.8M loss narrowed | Rs -2.2B fell into loss | Rs 105.9M -90.2% | Rs 1.1B -50.7% |
| EPS | 0.30 | -0.10 | -0.05 | -0.63 | -1.15 | -4.02 | -0.11 | 1.83 -52.0% |
Compared with the same period a year earlier.
Per-share figures are as reported, not adjusted for splits.
Recent dividends
- 2026 · finalRs 0.50
- 2025 · finalRs 0.50
- 2020 · first interimRs 1.00
- 2019Rs 1.50
- 2018Rs 0.50
- 2018Rs 1.00
- 2017Rs 2.00
- 2017Rs 2.00
| # | Company | Price | Mkt cap | P/E | P/B | EPS | ROE | Div Yield |
|---|---|---|---|---|---|---|---|---|
| 1 | AHPL.N0000 · this company | 45.50 | Rs 20.1B | 151.7 | 0.65 | 0.30 | 0.00% | 1.10% |
| 2 | TRAN.N0000 · same group, not in the median | 45.60 | Rs 9.1B | 22.4 | 1.25 | 2.04 | 5.61% | 2.19% |
| 3 | RCH.N0000 | 203.75 | Rs 8.2B | 4.3 | 0.42 | 47.41 | 9.71% | 0.74% |
| 4 | GHLL.N0000 | 15.20 | Rs 7.6B | - | 1.41 | -1.22 | -9.86% | 0.00% |
| 5 | SERV.N0000 | 13.70 | Rs 6.6B | 18.5 | 2.43 | 0.74 | 13.10% | 0.00% |
| 6 | RENU.N0000 | 750.50 | Rs 5.3B | 4.0 | 0.39 | 189.11 | 14.59% | 0.53% |
| 7 | TAJ.N0000 | 28.10 | Rs 4.8B | - | - | -1.46 | - | 0.00% |
| 8 | PEG.N0000 | 17.50 | Rs 1.5B | - | 0.56 | -0.29 | -1.24% | 0.00% |
| Peer median · 6 companies | - | - | 4.3 | 0.56 | - | - | 0.00% |
About Asian Hotels & Properties PLC
Asian Hotels and Properties PLC is a Colombo Stock Exchange listed hospitality and property company and the owner of Cinnamon Grand Colombo, the flagship property in the Cinnamon portfolio. The company operates premium urban hotel services from this landmark Colombo address, providing accommodation, food & beverage, events and other guest services. The Group's principal activities are hoteliering and property development: hoteliering covers the operation and management of Cinnamon Grand Colombo and associated hospitality services, while property development encompasses management, optimisation and development of the company's land and built assets. The company participates in capability development through the Cinnamon Hospitality Academy and is associated with the broader Cinnamon Hotels & Resorts family. Asian Hotels and Properties PLC operates in Colombo, Sri Lanka and is supported by its ultimate parent, John Keells Holdings PLC.
AI analysis
neutralAHPL fell back into loss in the June quarter as operating margin dropped to -14.7%. Shares trade at 0.68x book near the 52-week low, leaving upside if margins recover.
Read the full report (Aug 3, 2026) →News sentiment
Describes news flow, not a forecastNo scored news in the last 30 days.
Deputy Minister Eranga Weeraratne urged boards and CEOs to set the tone on data privacy and embed protection into digital systems from the start, calling for stronger digital literacy and investment in secure infrastructure as Sri Lanka expands digital services.
Mastercard is the Title Partner for the Data Privacy and Protection Summit 2026, scheduled for 23 July at Cinnamon Grand Colombo. With PDPA enforcement imminent, the summit will focus on data governance, AI-related risks and compliance issues relevant to hotel operators and other businesses.
A seminar on Beneficial Ownership compliance will be held on 22 July 2026 at The Kingsbury, Colombo to provide guidance on BO filings under the Companies Act No. 12 of 2025 and CBSL Direction 2 of 2026, highlighting the statutory BO filing deadline of 30 September 2026 and non-compliance risks.
FitsAir will launch thrice-weekly direct Ahmedabad–Colombo flights from 19 June 2026 (about 3h40m), partnered with City of Dreams Sri Lanka and Cinnamon Hotels & Resorts, improving access for Gujarat travellers and expected to boost inbound tourism to Colombo.
A seminar on recent mid-year tax reforms will be held on 24 June 2026 at Cinnamon Lakeside, covering increases to CGT, criminalisation of tax offences, new income tax calculations, expanded CGIR powers, digital VAT and lower VAT/SSCL thresholds. It is targeted at hotel management, banking/finance compliance and tax professionals.
Opposition Leader Sajith Premadasa urged deeper Sri Lanka–India economic integration to boost trade and investment, highlighting UPI payment integration and proposed energy connectivity. He encouraged entrepreneurs and investors to pursue expansion and adapt to technological change.
eMarketingEye launched Sri Lanka’s first AI Visibility Study for Hotels, analysing AI visibility for 742 hospitality brands across 18 segments on platforms like ChatGPT, Gemini and Perplexity. The study names segment winners (e.g., Anantara Peace Haven Tangalle) and urges hotels to optimise for AI-driven discovery.
Dividend · Rs 0.50 · XD Jun 5, 2026
Final dividend of LKR 0.5/share; XD 2026-06-05; record 2026-06-07; payable 2026-06-24; FY 2025/26
The India–Sri Lanka Business Forum in Mumbai on 13 May 2026 highlighted renewed momentum in trade, investment and connectivity across tourism, renewable energy, ICT, logistics and infrastructure, with John Keells chair Krishan Balendra among delegates promoting deeper private‑sector ties.
Hotels & Tourism sector: what is happening
Last 14 days to Sep 30, 2026Tourism remained subdued: arrivals in 1-23 September edged up 0.31% year on year, led by India, but year-to-date arrivals were 1.83% lower amid Middle East disruptions and softer global demand. August tourism earnings rose 2.1%, ending a 10-month decline, yet year-to-date revenue fell 10%. Higher energy costs and weakened purchasing power also weighed on tourism demand.
The stories behind it
Auto-generated from 6 sector news articles over 14 days. Not investment advice.