Questions across 2 calls

Sumit Kumar

JM Financial

Leela Palaces Hotels & Resorts Limited

Leela Palaces Hotels & Resorts Limited CC-Jan26.pdf · 2026-01-16

My first question relates to the growth investments. There was a sort of capital outlay for certain asset management initiatives outlined in the RHP that was roughly about Rs 450 crores odd which includes expansion of certain rooms, upgradation of amenities and some solar parks. What is the status on that Rs 430 crores if that's being spent, and how much of that is still remaining? And the second is if you can give an update on the construction status of your five assets, excluding Dubai and BK C, the ones that are coming up elsewhere in Ayodhya and so on so forth.

On the construction update for those five assets?

Leela Palaces Hotels & Resorts Limited CC-Jun25.pdf · 2025-07-22

Hi, good evening. Thanks for the detailed update and a fantastic set of numbers. My first question was partly answered. For the RevPAR growth of Udaipur, can you please make it out what was led by occupancy and how much was ADR growth?

Sure, and my second question is on the Udaipur expansion. So, do we have any update on that? What will be the completion timelines? As well as what kind of a product that will -- it will be similar to the existing offering or you'll probably sort of position it maybe even at a much premium level.