Leela Palaces Hotels & Resorts Limited CC-May26.pdf · 2026-04-28
Hi, sir. Thanks for the opportunity, and congratulations on strong set of numbers, especially in a weak demand period. My first question was on our revenue growth. We reported RevPAR growth of 6%, while revenue has grown by 14% year -on-year. I just wanted to understand the bridge between the room revenue growing by 6%, F&B growing by 9% to 10%, while HMA again is, as you said, would be in low double digits. So , have we seen additional delta coming in from Coorg resort, which is pretty significant? And is there also delta t hat's coming in from our commercial leased area in Bangalore property?
Understood sir. And secondly on Dubai asset, for Palm Jumeirah Resort, since current environment is uncertain, and we have seen real estate prices plummeting in Dubai market itself, is there a possibility that we may have to take any write -offs on our investment in Dubai in the near-term if the situation persists for a longer period, is that a possibility?