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Hotel Leelaventure plans to open five new properties

10 Sep 2012 Evaluate

Hotel Leelaventure, a major hospitality chain is planning to open five new properties, through a mix of company-owned and managed properties. The company is considering new properties at Agra, Ashtamudi, Jaipur, Bangalore and Noida. Through this initiative, the company aims to strengthen its presence across the country. The entity aims to complete its 326-room new property in Chennai by the third quarter of the current financial year.

Hotel Leelaventure operates hotels and resorts in India. It also operates spas; and offers facilities for meetings and events, weddings, and social celebrations. The company’s portfolio includes luxury hotels and resorts primarily in Mumbai, Bangalore, Goa, Kovalam, Gurgaon, and Udaipur.

Peers
Company Name CMP
The Indian Hotels Co 742.20
ITC Hotels 157.60
Mahindra Holi.&Resor 199.45
EIH 305.85
Chalet Hotels 869.40
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