Pegasus Reef Beach Hotel Wattala
Pegasus Reef Beach Hotel was given birth in the golden year of 1971, marking a historical entrance to the hospitality industry been the first prime star class hotel in Sri Lanka, enveloped with a European ambience.
Salvaged from a mangrove swamp, the hotel was placed in an exotic surrounding with spectacular beach views, which seamlessly blends with the restful tranquillity of the east with modern euro/American service.
Mr. J.L.M. Fernando was the 1st chairman of Pegasus Reef who steered this calming edifice through his foresight and industrial expertise, to the peak of success creating positive Tsunami waves in the hospitality industry. Through his meticulous mediation in running operations of Pegasus Reef hotel, he was able to obtain the services of an internationally famous hotel operator – Trust house Forte limited, and British Overseas Associated Companies (BOAC) who were the company’s main share holder and collaborator. After 10 long years with Trust house forte the hotel was taken over by Carson Cumberbatch and Company Limited.