Asian Hotels and Properties PLC is a Sri Lanka-based company, which is engaged in hoteliering and property development/management. The Company operates through two segments: Hotel and Property. The Company's Hotel segment provides hoteling services to local and foreign tours. The Company's Property segment is engaged in property development and rent out premises. The Property segment also operates The Crescat Boulevard, a shopping mall in Colombo. The Company's hotels include Cinnamon Grand Colombo and Cinnamon Lakeside Colombo. The Company's subsidiary is Trans Asia Hotels PLC. Trans Asia Hotels PLC is engaged in hoteliering, and is the owner and operator of Cinnamon Lakeside Hotel.