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THE LEELA HOTELS PROFIT
Tourism and hotel sector stocks: Time for a correction in business? Are analysts getting it wrong? 15 stocks from the ecosystemThe Indian hotel and tourism ecosystem has benefitted from the post-Covid travel urge. Occupancies were high, room rates firm, supply is, i...- Leela Hotels Q4 proft after tax jumps 46% on strong luxury demandLeela Hotels has announced a landmark financial year 2026. The luxury chain saw operating revenue climb to Rs 1527.3 crore. Profit after ta...
- Analysts see 40% upside in Leela Palaces stock on expansion plans, growing travel demandLeela Palaces Hotels & Resorts stock has seen an uptick, driven by expansion plans and growing travel demand. The company's international f...
- Schloss Bangalore Q1 results: Leela Palace operator reports Rs 9 crore PAT vs Rs 75 crore YoY lossSchloss Bangalore, operator of The Leela Hotels, posted a Rs 9 crore Q1 profit versus a Rs 75 crore loss last year. Revenue rose 20% YoY to...
- Leela Hotels plans Rs 2,500 crore IPO to reduce debt and expand operationsLeela Hotels, a luxury hospitality chain, is planning an initial public offering. The company aims to raise funds to repay its debt. The pr...
- IPO-bound 'The Leela' Palaces Hotels and Resorts investing Rs 1,131 cr in 5 propertiesBrookfield-backed Schloss Bangalore Ltd, which owns luxury hospitality brand 'The Leela' Palaces, Hotels and Resorts, is investing Rs 1,131...
- Brookfield to invest Rs 1.5k cr more in LeelaBrookfield Asset Management has committed over ₹1,500 crore in The Leela Palaces, Hotels and Resorts business, making it the largest ever f...
- Steady rise likely in ADRs and occupancy for luxury hotels in 2-3 years: Preferred Hotels & Resorts"This compounded increase over the next 3 years should take the luxury segment to a position where hotel owners and operators can see accep...
- Hotel space more of a 2016 bet: Sandip SabharwalThere will be huge improvement in profitability in the hotel space, but that is not going to happen right away.
- Leela to sell 2 hotels for Rs 2000 crore to pare debtThe Leela chain, in which ITC Hotels holds 12% stake, has been in the red for the past several quarters, competition and demand-supply mism...
- EIH December quarter net profits fell to Rs 32.7 croreDwindling foreign tourists arrivals and need-based business travels have affected revenues of premium hotels companies.
- Why Captain Nair, chief of Leela Hotels, is so confident about his futureRight now, Captain Nair has an extraordinary problem: Rs 4,300-cr debt, profit-less quarters and ongoing negotiations with lenders.
- Top lenders Indian Overseas Bank, Bank of India back out of Leela corporate debt restructuringHotel Leela Venture's Rs 3,000-cr debt restructuring proposal has hit a wall with top lenders Indian Overseas Bank, Syndicate Bank and BoI.
- Leela Group to sell Leela Resorts Kovalam for 500 crore to NRI Ravi PillaiThe property, Leela Resorts Kovalam, is being sold for 500 crore to NRI Ravi Pillai, said Leela Chairman CP Krishnan Nair.
- Hotel Leela Venture posts net loss of Rs 26.49 cr in Q1Hospitality company Hotel Leela venture today posted net loss of Rs 26.49 crore for the first quarter ended June 30, 2011.
- Heard on the Street: Big Broking player seen shutting shop soonThe market is agog with speculation that the institutional broking arm of a financial services group, which also has presence in the real e...
- Hotel stocks do not carry on momentum very far: Rajat BoseThe problem with hotel stocks is that they generally do not carry on this momentum very far.
- Leela patriarch charts plan to protect empireWith ITC breathing down his neck, Hotel Leelaventure chairman Krishnan Nair has put in place a plan that he hopes will keep the hospitality...
- ITC checking into Hotel Leela?The talk on the Street is that the Nairs, the promoters of Hotel Leela, have been approached by the tobacco-to-hotel conglomerate ITC to se...
- Anand Rathi eyes Rs 57 on Hotel Leela in short termBrokerage Anand Rathi recommends buying Hotel Leela Venture shares around the current level of Rs 48.70 for a short term target of Rs 57 an...
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