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The Palms Hotel Beruwela ****

Located at Moragalla, Beruwala, Sri Lanka.
The Palms-Beruwela Hotel is nestled in the palm groves of the sleepy fishing town of Beruwela, bordering an unspoiled golden beach and the sapphire blue waters of the Indian Ocean in Sri Lanka. Secluded amongst spacious gardens, this 4 Star retreat offers standard guestrooms with modern amenities and most with stunning ocean views. Guests to the Palms-Beruwela can enjoy fine dining, sports facilities, relaxation treatments at the on-site SPA, and experience unparalleled service and hospitality from the friendly staff. This is truly a magical spot to get away from it all! Bandaranaike International Airport is 90 km from the hotel. Local Tips: Conveniently located just 3 km from the city centre, guests can explore the local culture amongst the surrounding hamlets, study the habits of the turtles at the turtle hatchery or meditate in the calm tranquillity of a Buddhist Temple. FACILITIES: Food, drink and entertainment: Bed and Breakfast accommodation. The Palms-Beruwela has delicious dining choices including the main open-air restaurant serving buffet-style breakfast, lunch and dinner as well as a la carte dining overlooking the pleasing sights and sounds of its lush gardens. Seafood lovers will go mad for the Fisherman's Wharf outdoor specialty seafood restaurant, and the cosy Coffee Shop is the perfect spot to relax away the lazy afternoons with friends, unless you prefer an evening cocktail at the main bar! Sports, games and activities: Swimming pool and children's pool, Gym, volleyball court, table tennis, pool tables, snooker, and Ayurveda Centre with a luxurious array of massages, healing baths and curative wraps. The Marina is nearby and offers a wide variety of water sports such as wind surfing, scuba diving and snorkelling, traditional catamaran, water skiing, jet skiing, deep sea fishing, river cruise and professional game fishing. Guests can also plan excursions and day trips. Additional: 24-hour reception, Wi-Fi Internet access, laundry and valet service, luggage facility, shopping arcade with jewellery shop, dress boutique, and souvenirs, hair and beauty salon, wedding services with an open-restaurant concept that can accommodate up to 400 guests, conference facilities for guests looking to host business meetings/conferences, theatre-style conference room can accommodate 100 guests. Christmas Day and New Year's Eve gala meals with supplement (mandatory).

Facilities and Amenities:
Business Center
Room Service
High-speed Internet
Fitness Room
Parking
Swimming pool
Airport shuttle
Concierge
Massage / Beauty Centre
Elevator / Lift
24 Hour Reception
Dry Cleaning
Babysitting / Child Services
Air Conditioned
Tennis Courts
Banquet Facilities
Conference Room(s)
Currency Exchange
Multilingual Staff
Safe-Deposit Box
Sauna
Mini Bar
Refrigerator
Cable / Satellite TV
Coffee / Tea Maker
Hair Dryer
TV
Laundry service
Shops
Garden
Billiards
Dart Board
Photocopier
Desk
Direct dial phone
Facsimile
Salon
Fitness Facilities
Massage
Beauty Salon
Internet Connection (wireless)
Bathrobes
Shower
Child Pool
Pool Outdoor
Cots
Games Available
Coffee Shop/Cafeteria
Packed Lunches
Breakfast in the Room
Luggage Storage
Designated Smoking Area
Shops in Hotel
Express Check-In/Check-Out
Shoe Shine
Free Parking

where are the finiancial stats?

The reference price for listing is Rs. 4 based on the last reported audited earnings for equity holders, fixed at a price to earnings ratio of 13.5 times.

Further the private share transfers carried out during March 2012 were also done at Rs. 4. It will be the 285th listed entity on the CSE.

The Company operates the four-star resort The Palms at Moragolla, Beruwala, on a 10- acre land. It has 106 rooms whilst there are plans to add a further 30 new rooms.

Owned 65% by Colombo Fort Hotels Ltd. and a further 14% by related party Sigiriya Village Hotels, Beruwala Resorts has also acquired 100% stake in BOT Hotel Services Ltd., (Bay Beach Hotel, Weligama) to fast track the aggressive growth plans. They include refurbishing the existing 60 rooms at Bay Beach Hotel and addition of 40 more rooms thereby bringing it to a four star resort.

Beruwala Resorts in FY2011 had made an after-tax profit of Rs. 175.6 million, up from Rs. 5.7 million a year earlier. Previous three years it had losses though turnover had grown to Rs. 190 million in FY11 from Rs. 39 million in FY07.

Board of Directors of Beruwala Resorts comprises A. Rajaratnam (Chairman), S.D.R. Arudpragasam, M. Thambiah, T. Theyagamurti, A.R. Peiris, Prema Cooray, S. Rajaratnam, Chrisantha Perera and Amrit Rajaratnam.

beru thaama duwala na high ekak.kiyanna baa..in CSE anything is possible

BERU hasn't start it's run so far. Will It touch Rs.5/-

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