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Leela Hotels Revenue Soars 33% in Q2 FY27
14 Oct
Summary
- Leela Hotels revenue grew 33% year-on-year to Rs 412 crore in Q2 FY27.
- Average daily rates increased by 30%, boosting revenue per available room.
- Demand was strong across retail, corporate, and leisure segments for luxury experiences.
Leela Palaces Hotels & Resorts announced a substantial 33% increase in revenue for the second quarter of FY27, reaching Rs 412 crore. This surge reflects strong performance and growing demand for luxury hospitality experiences. The company's net profit also saw a healthy rise of 27% year-on-year, amounting to Rs 95 crore for the same period.
Driving this financial success was a remarkable 30% increase in average daily rates (ADR), which contributed to a 30% growth in revenue per available room. This demonstrates The Leela's sustained pricing power and the appeal of its unique luxury offerings.
Management highlighted that demand was widespread across retail, corporate, and leisure segments. This broad-based demand, coupled with The Leela's ability to attract premium pricing during major events like the BRICS Summit, underscores its strategic positioning in the high-value hospitality market.
The chain also reported that non-room revenue constituted over 50% of its total revenue in the first half of FY27, indicating a successful diversification strategy beyond traditional room bookings.
