Hotel Leela

The Leela Palaces Hotels and Resorts to be a debt-free company post IPO

The Leela hotel operator to repay all debt using IPO proceeds; Brookfield reduces OFS; company eyes expansion with branded residencies and members-only clubs

Leela hotels-owner Schloss cuts IPO size by 30% as debt burden eases

Indeed, several IPO hopefuls have either delayed or downsized their IPO plans as global trade worries and a domestic border conflict pressured markets

Leela's owner Schloss cuts IPO size by 30% to ₹35 bn amid market volatility

India's blue-chip Nifty 50 has rebounded in recent weeks and is up 4% for the year, after the country held a ceasefire with Pakistan and as some trade tensions eased

Indian Hotels Q3FY25 results: Net profit rises 29% to Rs 582 crore

Tata group's hospitality firm Indian Hotels Company Ltd (IHCL) on Friday reported a 29 per cent on-year jump in net profit at Rs 582.32 crore for three months ended December 2024, driven by the consolidation of air and institutional catering business. This was in comparison to Rs 451.95 crore in the corresponding quarter of the preceding fiscal. Also, the company's total income surged by 29 per cent to Rs 2,592 crore in the quarter under review, from Rs 2,003.64 crore in the October-December quarter of the preceding fiscal (FY24), the company said in a regulatory filing. Puneet Chhatwal, Managing Director and CEO, IHCL, attributed the strong quarterly performance to consolidation of air and institutional catering business. "Q3 marks 11 consecutive quarters of record performance with the hotel segment reporting a strong revenue growth of 16 per cent... The revenue performance was driven by 40 per cent increase in new businesses, not like-for-like growth and double-digit growth in sa

Leela Palace cheat impersonates UAE royalty, dupes hotel of over Rs 20 lakh

The man identified as Mahamed Sharif fled with hotel valuables and without settling his outstanding bills causing a huge loss to the hotel worth Rs 23,46,413

Hoax bomb call triggers panic at Leela Ambience hotel in Gurugram

The police were immediately alerted after which a dog squad and Bomb Detection and Disposal Squad (BDDS) rushed to the spot and evacuated people from the hotel.

Hospitality firm Hotel Leelaventure changes its name to HLV Ltd

The memorandum and articles of association of the company stands amended pursuant to change of name of the company, it added

Hotel Leela asset sale case: SAT upholds an order passed by Sebi

In April, the board of debt-ridden Hotel Leela had floated an ordinary resolution for sale of its assets to Canadian investment firm Brookfield for Rs 3,950 crore

Leela standoff: Securities Appellate Tribunal to hear ITC plea on Aug 29

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

Sebi bars cash-strapped Hotel Leelaventure from asset sale to Brookfield

NCLT adjourns hearing on maintainability of ITC's petition against the hospitality firm to June 18