- Leela reported 30 percent rate growth.
- Operating revenue grew 33 percent in Q2.
- Room revenue increased 39 percent year on year.
The company’s operating revenue rose 33 percent to $43.4 million, while operating EBITDA increased 36 percent to $19.8 million. Profit also grew 27 percent to $10 million and the operating EBITDA margin reached 46 percent, up 118 basis points, The Leela said in a statement.
“Our 30 percent RevPAR growth in second quarter was led by a record 30 percent increase in ADR, demonstrating our sustained pricing power and the strength of demand for differentiated luxury experiences,” said Anuraag Bhatnagar, The Leela CEO. “Importantly, the demand was broad-based in retail, corporate and leisure segments, supported by strong demand for our suites and our ability to command a premium during marquee events.”
ADR reached $264, while RevPAR stood at $181.58. These figures include the company’s expanded portfolio, which now includes Coorg. Suite occupancy also rose by more than 700 basis points.
Room revenue increased 39 percent year on year, while food and beverage revenue rose 21 percent. Fees from hotel management agreements grew 76 percent as more managed properties contributed to the company’s revenue.
Revenue from sources other than rooms made up more than half of total revenue in the first half of fiscal year 2027. The company’s own website generated 15.1 percent of room revenue during the same period, 2.8 times its share in the first half of fiscal year 2025.
The Leela also plans to add more properties. Its development pipeline includes 1,038 keys across 10 properties. The Leela Jaisalmer and The Leela Luxury
Residences Mumbai are in the pre-opening stage, with operations planned for fiscal year 2027.
The Leela reported a 28 percent increase in operating revenue to $34.07 million in the first quarter of fiscal year 2027.
