Leela Palaces ramps up expansion to tap India’s booming luxury travel

Leela Palaces has several new properties, including Ranthambore, Bandhavgarh, Agra, Ayodhya, Srinagar, Sikkim, Coorg and Jaisalmer, of which six are owned and three are under management contract. “Our current development pipeline is fully funded, giving us the flexibility to pursue existing projects and seize new opportunities as they arise. While demand for luxury is growing in double digits, supply in our micro markets remains muted,” he said.