LEELA PALACES HOTEL LTD

Leela Palaces Hotels & Resorts Limited reported a strong performance in Q1 FY27, with a 28% increase in operating revenue and a 41% rise in operating EBITDA. Management highlighted the resilience of India's luxury hospitality demand despite temporary travel disruptions due to geopolitical issues. The company achieved a Net Promoter Score of 86, significantly above the industry average, reflecting strong guest loyalty. Domestic room revenue grew by 25%, while international room revenue showed signs of recovery. The company also announced plans for a new premium resort in Tadoba, Maharashtra, and reported strong growth in food and beverage revenues. Management emphasized the importance of direct bookings, which doubled to 16% of total bookings, and noted that non-room revenues now contribute over 50% of overall operating revenue. The company remains focused on expanding its portfolio and maintaining operational excellence.

Management emphasized strong growth and resilience in performance despite challenges.