- Leela operating revenue rises 28 percent in Q1.
- RevPAR grows 17 percent to $146.58 in quarter.
- Profit for period rises 460 percent year on year.
In the first quarter of fiscal year 2027, operating revenue rose 28 percent year over year to $34.07 million, The Leela reported. Operating EBITDA increased 41 percent to $15 million, with an EBITDA margin of 41 percent, the highest for a first quarter.
Profit for the period jumped 460 percent to $5.1 million. RevPAR also rose 17 percent to $146.58, driven by a 10 percent increase in ADR to $217.23 and a 4 percent improvement in occupancy to 67.5 percent. Net debt was $139.7 as of June 30 with a net debt-to-EBITDA ratio of 1.6 times.
"We delivered a 28 percent operating revenue growth and a 41 percent rise in operating EBITDA, demonstrating the strong operating leverage of our business model,” said Anuraag Bhatnagar, The Leela CEO. “Our robust RevPAR growth at 17 percent despite temporary international travel headwinds was the result of our continued ADR leadership and successfully capitalising on growing domestic leisure and MICE demand.”
Leela has 15 operating hotels with 4,162 keys and 10 hotels with 1,095 keys in its pipeline. On the expansion front, the company signed a concession agreement for a new 30-key wildlife resort at Tadoba Tiger Reserve in Maharashtra. The resort will span 62 acres and is expected to be completed by 2030.
The company also launched and rebranded The Leela Coorg Forest Sanctuary in July and expanded ARQ by The Leela with its second club in New Delhi.
Leela was also ranked second globally among the best hotel brands in the world by the Travel + Leisure World's Best Awards 2026, the fifth time since 2020 the brand has placed in the top three globally.
