Leela Palaces Hotels gains on acquiring ultra-luxury resort in Karnataka
With the addition of Coorg, the company’s portfolio now comprises 15 properties with over 4,160 keys across 13 cities globally, including 7 owned, 7 managed and 1 franchised hotel
Leela Palaces Hotels & Resorts is currently trading at Rs. 417.00, up by 1.80 points or 0.43% from its previous closing of Rs. 415.20 on the BSE.
The scrip opened at Rs. 412.55 and has touched a high and low of Rs. 419.75 and Rs. 411.00 respectively. So far 2163 shares were traded on the counter.
The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 475.00 on 14-Oct-2025 and a 52 week low of Rs. 381.05 on 11-Dec-2025.
Last one week high and low of the scrip stood at Rs. 440.30 and Rs. 411.00 respectively. The current market cap of the company is Rs. 13926.04 crore.
The promoters holding in the company stood at 75.91%, while Institutions and Non-Institutions held 19.60% and 4.50% respectively.
Leela Palaces Hotels and Resorts, India’s only pure play luxury hospitality brand, has acquired an ultra-luxury resort in Coorg, Karnataka, marking the brand’s entry into immersive, nature-led and wellness anchored hospitality. The 71 all-villa property, set within 76 acres of lush landscape near Madikeri and surrounded by coffee and spice plantations, will be unveiled as The Leela Coorg Forest Sanctuary later this year.
The acquisition introduces the brand’s first Sanctuary and extends its portfolio into one of South India’s most compelling leisure destinations. Situated in the Western Ghats with proximity to both Bengaluru and Mangaluru, Coorg is distinguished by its rolling coffee estates, mist-laden hills, scenic waterfalls, storied Kodava heritage and consistently high air quality - attributes that underpin enduring premium demand from the discerning global traveller.
With the addition of Coorg, the company’s portfolio now comprises 15 properties with over 4,160 keys across 13 cities globally, including 7 owned, 7 managed and 1 franchised hotel. With 9 hotels in the pipeline, the brand remains on track to expand to 24 properties over the next three years in high growth markets including Agra, Ayodhya, Bandhavgarh, Mumbai, Ranthambore, Sikkim, Srinagar and Jaisalmer.
Leela Palaces Hotels and Resorts (formerly known as Schloss Bangalore) is India’s largest institutionally owned and managed pure-play luxury hospitality brand.
