-KH News Desk (editorial1@imaws.org)
The Leela Palaces, Hotels and Resorts is projecting a robust growth trajectory through Fiscal 2027, anchored by a widening gap between the limited supply of high-end hotel rooms and the surging demand from India’s affluent class. Backed by Brookfield Asset Management, the luxury chain currently operates 23 properties and aims to expand its portfolio to 35 hotels within the next five to seven years.
Speaking at the HOPE (Hospitality, Overview, Presentation & Exchange) conference in Goa, CEO Anuraag Bhatnagar noted that India’s luxury hotel inventory remains tight at approximately 30,000 keys. This scarcity, coupled with an increasingly splurge-happy affluent demographic, has significantly boosted the brand’s performance. For the nine months ending December 31, 2025, The Leela reported:
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Revenue from Operations: INR 10.43 billion (up 19%).
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Core Earnings: INR 5.4 billion (up 24%).
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RevPAR (Revenue Per Available Room): Increased 20% to INR 21,551.
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Occupancy: Rose to 71%.
While the company made its first international move with a 25% stake in a luxury resort on Dubai’s Palm Jumeirah, Bhatnagar emphasized that the primary focus remains the Indian market. Industry analysts expect the company’s revenue to hit INR 17.07 billion in the coming fiscal year, reflecting the “multi-decade growth story” of domestic luxury consumption.
