Leela Palaces Hotels & Resorts Limited reported a 28% increase in operating revenue to Rs 352 crore in the first quarter of fiscal year 27, accompanied by a 41% rise in operating EBITDA to Rs 143.4 crore. Profit for the period surged 460% to Rs 48.8 crore, with the operating EBITDA margin reaching a record 41% for a Q1.
Revenue per available room (RevPAR) grew 17% year-on-year to Rs 13,982, driven by a 10% increase in average daily rate (ADR) to Rs 20,722 and a 4% rise in occupancy to 67.5%. The company’s portfolio expanded to include The Leela Coorg
Forest Sanctuary, enhancing its presence in premium leisure destinations.
The Leela brand secured the second position globally among top hotel brands in the Travel + Leisure World’s Best Awards 2026, marking its fifth time in the top three since 2020. The company achieved a Net Promoter Score (NPS) of 86 in Q1 FY27, surpassing the APAC luxury segment benchmark of 74, emphasizing its service quality and guest satisfaction.
In July 2026, Leela Palaces launched the rebranded Leela Coorg Forest Sanctuary. During Q1 FY27, it also signed a concession agreement for a 30-key wildlife resort, The Leela Tadoba, in Tadoba Tiger
Reserve, Maharashtra. The project, spread over 62 acres, has an estimated investment of around Rs 120 crore with completion targeted by calendar year 2030. All Palace hotels and The Leela Coorg Forest Sanctuary hold Green Building Platinum certification, and the company’s portfolio is the largest in South-East Asia to earn the EDGE Advanced Rating. Leela Palaces has set a goal to eliminate single-use plastics across its properties by 2030.
As of June 30, 2026, the company’s net debt stood at Rs 1,331.9 crore, with a net debt to EBITDA ratio of 1.6 times. Leela Palaces continues to pursue a capital-efficient
growth strategy, balancing owned and managed assets. The expansion of ARQ by The Leela saw the opening of its second club in New Delhi, further diversifying the brand’s luxury offerings.
