World · India Bureau
Leela Palaces Hotels posts 27% profit surge on strong revenue growth
Leela Palaces Hotels & Resorts has reported a sharp increase in profitability during the second quarter of fiscal 2027, driven by robust operational performance across its portfolio. The luxury hospitality chain's net profit climbed 27 percent to ₹94.6 crore as both revenue and pricing metrics expanded significantly.
LSN India ·
The luxury hotel operator's second-quarter results reflect strengthening demand in India's high-end hospitality sector. Operating revenue expanded by 33 percent year-on-year, signaling robust occupancy and pricing power across Leela's properties during the October-December period.
A key performance indicator, revenue per available room (RevPAR), grew 30 percent, demonstrating the chain's ability to command premium rates amid healthy demand from domestic and international travelers. The metric suggests improved operational efficiency and strong market positioning for the brand.
Leela Palaces Hotels & Resorts operates a portfolio of upscale properties across India's major cities and leisure destinations. The Q2FY27 performance underscores resilience in India's luxury hospitality segment, which has witnessed sustained recovery in business and leisure travel following the post-pandemic normalization period.
The company's profitability gains outpaced revenue growth, suggesting improved cost management and operational leverage across its hotel assets. The results indicate positive momentum heading into the latter half of the fiscal year for the hospitality sector.