Leela Palaces Hotels & Resorts Ltd (THELEELA) Q3FY26 Concall Summary - Dec-2025 Qtr
Performance Overview
- The company delivered its best-ever quarterly performance, driven by a 20% year-on-year RevPAR growth and a 23% year-on-year operating EBITDA growth, marking the fifth consecutive quarter of double-digit growth in both metrics.
- Strong performance was underpinned by a 17% uplift in Average Daily Rate (ADR), with room revenues growing by 20% and Food & Beverage (F&B) revenues increasing by a significant 29% year-on-year.
- Leela continued to outperform the luxury hospitality industry, increasing its market share by 1.5 percentage points from April to November 2025 and widening its RevPAR premium over the rest of the luxury segment to approximately INR 5,000.
- Strategic, capital-efficient expansion remains on track with the closing of the Dubai transaction (25% equity stake), the signing of a new management contract for a luxury hotel in Jaisalmer, and a robust pipeline of 9 hotels with over 1,000 keys.
- The company is well-positioned to exceed its earlier guidance of mid-to-high teens EBITDA growth for FY26, reaffirming its long-term target of achieving 2,000 crores in EBITDA by FY30.
Financial Metrics
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Operating Performance / Business Segments
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Key Discussions & Insights
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Outlook and Guidance
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Challenges / Concerns
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Industry / Competitive Landscape
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Overall Summary
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