EconomyPoliticsHOTWednesday, April 8, 2026

Banquet and Catering Services Announce Price Hikes Amid Economic Pressures

The All Island Banquet Owners and Caterers Association announced an increase in fees for reception halls and catering services, effective today, April 8th. The association stated that new bookings made from May onwards will see charges rise by 15% to 20%. Additionally, a 10% price increase will be applied to services that have already been booked. This decision, communicated at a media briefing by Association President Akila Jayaratne, was attributed to the ongoing fuel crisis, recent VAT revisions, and the rapid increase in raw material and commodity prices. The association indicated these measures are necessary to sustain the industry amidst severe economic challenges.

2 Updates

Update #3\u00b7 Apr 9 · 12:34 AM

The All Ceylon Event Halls and Caterers Association has clarified that new orders placed from this month onwards will see a price increase of 15% to 20%. Crucially, a 10% price hike will also be applied to orders that have already been booked. President Akila Jayaratne further stated that the association is prepared to reduce fees if the government provides adequate relief to the sector. The decision was also attributed to recent VAT amendments, in addition to previously cited rising costs.

Update #2\u00b7 Apr 8 · 10:33 AM

The All Ceylon Event Halls and Caterers Association has announced a price increase of 15% or more for food, beverages, and other facilities, effective from April 8, 2026. Akila Jayaratne, President of the association, stated that the decision was made due to rising costs of food, raw materials, gas, and diesel, exacerbated by the current global war situation. The announcement was made at a press conference held in Seeduwa, Ambalammulla.

WhatsApp Post on X

Pulse Check — How do you feel?

Discussion

No comments yet. Be the first to share your thoughts!