- CEO
- Anuraag Bhatnagar
- Full Time Employees
- 2,797
- Sector
- Consumer services
- Industry
- Hotels/Resorts/Cruise lines
- Address
- Tower 4, Equinox Business Park Mumbai MH India 400070
- IPO Date
- Jun 2, 2025
- Business
- Leela Palaces Hotels and Resorts Ltd Leela Palaces Hotels & Resorts Ltd (THELEELA.NS) owns, operates, manages, and develops luxury hotels, palaces, and resorts under The Leela brand across India, offering premium hospitality services including accommodations, fine dining, event hosting, wellness programs, spas, conferences, banquets, and curated experiential journeys such as cultural immersions, spiritual retreats, wildlife tourism, and heritage explorations; its portfolio encompasses iconic properties like The Leela Palace Bengaluru, The Leela Palace Chennai, The Leela Palace New Delhi, The Leela Palace Udaipur, The Leela Palace Jaipur, The Leela Ambience Gurugram Hotel & Residences, The Leela Ambience Convention Hotel Delhi, The Leela Gandhinagar, The Leela Bhartiya City Bengaluru, The Leela Mumbai, The Leela Kovalam, and The Leela Ashtamudi, with a hybrid asset model owning five hotels and managing seven others under long-term agreements plus one franchise, totaling 3,553 keys and a pipeline of 678 keys in locations including Agra, Srinagar, Ranthambore, Bandhavgarh, Gangtok, and Mumbai's Bandra Kurla Complex. Headquartered in Mumbai, India, and founded in 2019 as Schloss Bangalore Ltd through acquisition by a Brookfield Asset Management-sponsored fund from the original Leela Group established in 1986, the company targets high-end leisure, business, and MICE travelers in key urban and tourist destinations across India with plans for international expansion. Recent developments include commencement of operations at The Leela Hyderabad, acquisition of 74% stake in Anasvish Tiger Camp Private Limited, signing of hotel management agreements for a 140-key property in Gangtok (Sikkim) and 63-key luxury serviced apartments near Mumbai's international airport, emergence as highest bidder for a mixed-use project with 250-key luxury hotel in Mumbai's Bandra Kurla Complex awarded by MMRDA in April 2025, and international foray via 25% stake acquisition in a luxury beachfront resort at Palm Jumeirah, Dubai in partnership with Brookfield-managed funds; additionally, the company launched India's largest hospitality IPO aggregating up to Rs3,500 crore in 2025 to repay borrowings and reduce net debt, while enhancing sustainability and RevPAR outperforming luxury peers with 48.92% EBITDA margins for FY2025.