Schloss Bangalore , a leading luxury hospitality chain, has announced robust financial results for the second quarter and half-year ended September 30, alongside a significant expansion into Dubai.

Financial Highlights

Schloss Bangalore reported impressive growth in its financial performance:

CEO Anuraag Bhatnagar highlighted this as the fourth consecutive quarter of positive profit after tax.

Operational Performance

Despite the seasonal nature of the hospitality sector, Schloss Bangalore demonstrated strong operational performance:

• Revenue per available room grew 13%, driven by improved occupancy and average daily rates
• Owned hotels showed strong double-digit growth across city and resort segments

International Expansion

In a strategic move to expand its international presence, the company announced its entry into Dubai's Palm Jumeirah. This expansion aims to strengthen Schloss Bangalore's foothold in the Middle Eastern luxury hospitality market.

Future Outlook

The company expects to deliver mid-to-high teens EBITDA growth for financial year 2026, supported by operating momentum and strategic initiatives. With its expansion into the Dubai market, Schloss Bangalore is well-positioned for future growth and to enhance its global luxury hospitality footprint.

As the hospitality sector continues to recover and grow, Schloss Bangalore appears to be capitalizing on market opportunities, both domestically and internationally.

Schloss Bangalore , a prominent player in the hospitality industry, has announced a significant corporate rebranding initiative. The company is set to change its name to Leela Palaces Hotels & Resorts Limited, effective October 13, 2025. This strategic move marks a new chapter in the company's identity and market positioning.

Key Details of the Name Change

Implications and Continuity

Despite the name change, the company has confirmed that its trading symbol will remain unaltered. This decision ensures continuity for investors and stakeholders in the stock market, maintaining the company's recognizable presence under the ticker 'Theleela'.

Strategic Rebranding

The transition to Leela Palaces Hotels & Resorts Limited appears to be a strategic move to align the company's name more closely with its core business of luxury hospitality. The new name emphasizes the 'Leela' brand, which is well-known in the high-end hotel and resort sector.

What This Means for Stakeholders

Investors

The unchanged trading symbol suggests minimal disruption for existing shareholders and market participants.

Customers

The rebranding may signal a renewed focus on luxury offerings under the Leela brand name.

Industry Position

This name change could potentially strengthen the company's market position in the luxury hospitality segment.

While the name change is significant, it's important to note that such corporate actions often aim to better reflect a company's evolving business strategy or market focus. Stakeholders should stay tuned for any further announcements from Schloss Bangalore regarding potential operational or strategic changes that may accompany this rebranding effort.