Hotel Industry

Leela Hotels' Q3FY26 results: Net profit rises 162% to ₹147.8 crore

Luxury hospitality chain closes Dubai investment; property to be rebranded as The Leela, to open in 2027

Leela Palaces Hotels Q3 results: Consolidated net profit doubles to ₹148 cr

Leela Palaces Hotels & Resorts Ltd on Friday reported a consolidated net profit of Rs 147.88 crore for the third quarter ended December, from Rs 56.40 crore a year ago, on strong revenue growth. The luxury hospitality player, which listed on the stock exchanges in June last year as Schloss Bangalore Pvt Ltd, reported a revenue from operations of Rs 457.43 crore for the third quarter, as against Rs 370.46 crore for the corresponding October-December period of last year, a regulatory filing showed. During the quarter under review, its total expenses also rose to Rs 219.60 crore, from Rs 183.51 crore a year ago. Notably, Leela Palaces Hotels & Resorts presented the "incremental impact" of the four Labour Codes notified by the central government in November under "Exceptional Items" amounting to Rs 6.4 crore in the consolidated financial results for the quarter and nine months ended December 31, 2025, according to its assessment. On November 21, 2025, the government notified the ..

Elara Capital revises Lemon Tree to Accumulate; sees limited value in rejig

As part of the transaction, Warburg Pincus has acquired APG's entire 41 per cent stake in Fleur and committed up to ₹960 crore of primary equity to fund Fleur's growth.

IndiGo crisis: Flight cuts likely to disrupt December hotel bookings

Chains hope for revival as stabilisation measures kick in

Hotels to see strong H2 as new airport, events boost demand: Motilal Oswal

The structural outlook remains favourable, analysts said. Mumbai contributes nearly 15 per cent to India's hotel room revenue and disproportionately dominates the luxury segment.

NRAI to step up fire safety advisories after Goa nightclub blaze

NRAI says it will ramp up fire safety advisories and set up a task force to help members plug compliance gaps, after a nightclub fire in Goa's Arpora killed 25 people

East Asian hotel chains ramp up India market expansion plans

Targeting luxury and mid segments, companies to chip at US, European brands' market share

Govt 'actively considering' infra status for hotels: Tourism minister

Tourism Ministry seeks increased budget for conservation activities and promotion of museums

Mahindra Holidays and Resorts likely to open its first Signature property

Mahindra Holidays is expanding beyond vacation ownership with Mahindra Signature Resorts, targeting its first luxury hotel by FY27 and eyeing 2,000 keys by FY30 as rising incomes

India one of the strongest global hotel markets, says JLL Apac head

Gaurav Sharma that the growing investor confidence was leading to record levels of signings and transactions, pushing up industry metrics

Budget 2026: FHRAI seeks tax perks to drive hotel expansion beyond metros

Pre-Budget representations made to finance ministry, tourism ministry

Radisson Hotel Group plans to expand to 200+ unique locations in India

India's infra growth and tier-II and III markets to drive demand

MakeMyTrip sees surge in premium stays; Goa, Jaipur top domestic picks

MakeMyTrip's year-end campaign reveals a clear premiumisation trend, with one in three domestic travellers opting for 4- or 5-star stays and Goa, Jaipur, and Udaipur emerging as favourites

Aratt developers launch ₹3,500 cr mixed-use development in Bengaluru

Aratt One World and Marriott International will jointly develop a JW Marriott in Bengaluru's Electronic City with a Rs 3,500 crore investment; the luxury hotel opens in 2030

Radisson Hotel Group expands to 200 hotels in India, eyes 500 by 2030

The hospitality major strengthens its India presence with 59 new signings in 18 months, aiming to open 500 hotels by 2030 across business and leisure destinations

ITC Hotels launches Epiq Collection, aims for 1,000 premium keys

Firm's Q2 net profit surges 74%; outlook for H2 upbeat

Brigade Hotel Q2FY26 PAT up 58% on robust performance and reduced cost

Nine hotels to be added by FY30 with Rs 3,600 crore investment, doubling its portfolio

Indian hospitality chains eye global expansion, Leela is the latest

From Dubai to London, Indian hospitality majors like Leela, Taj, and Oberoi are stepping up their international presence to tap into high-spending global travellers

PRISM-backed Sunday PropTech to acquire 12 hotels in FY26 expansion push

The OYO Assets firm aims to expand its premium and mid-premium portfolio, with acquisitions funded through a mix of debt and equity backed by InCred, Analah, and SoftBank

Leela Hotels logs net profit of ₹74.7 crore, announces global foray

The Leela will require upfront capital ₹4,370 million for the 25 per cent stake, while private funds, managed by Brookfield, will acquire the balance 75 per cent stake