The City Resort That's Just Right! - The life of the local fisher community the historical Dutch canal and Mangrove infested vegetation that is home to a wide variety of bird and small animal species forms the ideal backdrop that complements a most memorable beach resort experience.

Location: Located on the north of Colombo city, overlooking the Harbour is the “Pegasus Reef”. A location of astounding beauty and tranquility typical of the charm of Sri Lanka’s sun kissed beaches.

Accommodation: With the completion of the refurbishment plans “Pegasus Reef” introduces a new level of luxury accommodation in all 107 spacious Deluxe Rooms in three different wings. The beach, garden and the pool wings face the respective directions and the main highlights in all these rooms are the four star comforts that goes with its ambience and facilities. All rooms are equipped with central air conditioning, TV, telephone, mini bar, safety lockers, Internet connections, hot/cold bath and private balcony / terrace.

Facilities: The open air Restaurant serving cuisine, a combination of eastern and western food together with a range of themes for entertainment. Fisherman's cove on the beach.  spitefire barbeque nights. Lunch buffet is a touch of Sri Lankan and international combination and the Sri Lankan food is cooked in the cultural style in traditional clay pots. A-la-carte or set menu available. Coffee Shop, Piano Lobby Bar, 24 hour Room Service, Shopping Arcade with Jewelry and other curios, Laundry Service, Business centre, Safely Lockers and Left Luggage facilities, Health centre, 2 Banquet Halls, 2 Conference Halls.