Leela

Luxury travel demand remains resilient despite geopolitical tensions, with travellers shifting to domestic destinations and alternative regions, say hotel industry executives

In April, the board of debt-ridden Leela had floated an ordinary resolution for sale of its assets

It may approach the Supreme Court against the order directing it to pay the amount as royalty for possession of the latter's property near the Mumbai international airport

The 250-room hotel, to be built in 30 months, will entail an FDI of about Rs 500 crore

The 326 key five-star property is located in the main city