The Leela Acquires 71-Villa Ultra-Luxury Resort on 76 Acres in Coorg, Karnataka
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The stock price has surged by over 2.44 per cent since its listing. The stock has also gained about 8.37 per cent from its 52-week low of Rs 382.50 per share.
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On Monday, shares of Leela Palaces Hotels & Resorts Ltd closed at Rs 414.50 per share, down 4.10 per cent from its previous closing of Rs 432.20 per share. The stock’s 52-week high is Rs 474.40 per share and its 52-week low is Rs 382.50 per share. The stock touched an Intraday high of Rs 432.05, which is about 0.03 per cent below its previous closing level.
The Leela Palaces, Hotels and Resorts announced the acquisition of an ultra-luxury resort in Coorg, Karnataka, marking the brand’s entry into immersive, nature-led and wellness-anchored hospitality. The property, set within 76 acres of lush landscape near Madikeri and surrounded by coffee and spice plantations, will be unveiled later this year as The Leela Coorg Forest Sanctuary.
The 71 all-villa resort is designed to redefine nature-led luxury hospitality in India. The acquisition coincides with the brand’s 40th anniversary and introduces The Leela’s first “Sanctuary” concept while strengthening its presence in South India. Coorg, located in the Western Ghats and within reach of Bengaluru and Mangaluru, is known for its coffee estates, mist-covered hills, waterfalls and rich Kodava heritage. The region also enjoys consistently high air quality, making it a preferred destination for premium leisure travellers.
The IGBC Platinum-certified resort has been designed in harmony with its natural surroundings. The architecture blends contemporary elements with local craftsmanship and materials inspired by the region. The property also has additional land reserves, allowing for phased expansion. The first phase of expansion will add 19 keys, increasing the total inventory to 90 villas.
The Leela Coorg Forest Sanctuary will feature four dining venues offering global and regional cuisines, along with bean-to-cup coffee experiences inspired by Coorg’s plantation heritage. A 27,000 sq ft wellness centre will serve as the core of the property’s restorative experience, combining Ayurvedic traditions with modern recovery science under Aujasya by The Leela, the brand’s signature wellness programme.
A seven-acre lake forms the central feature of the sanctuary, offering tranquil surroundings for guests. The resort also includes a private helipad for seamless connectivity. Among its highlights is an expansive four-bedroom presidential villa with a private pool and integrated wellness facilities, positioning the property among the most immersive forest sanctuaries in South India.
The nature-focused experiences, wellness journeys and destination-inspired culinary programmes reflect The Leela’s philosophy of celebrating the spirit of each location. These elements together position the property as a slow-luxury destination designed for travellers seeking space, tranquillity and a deeper connection with nature.
For four decades, The Leela has played a major role in shaping the global perception of Indian luxury hospitality. The acquisition aligns with its strategy to expand in high-value leisure destinations that combine natural beauty with cultural depth. The Coorg property will undergo integration of The Leela’s brand standards, service rituals and distribution systems before formally launching as The Leela Coorg Forest Sanctuary.
With the addition of the Coorg property, The Leela portfolio now comprises 15 properties with more than 4,160 keys across 13 cities globally. This includes seven owned hotels, seven managed properties and one franchised hotel. The brand also has nine hotels in the pipeline and plans to expand to 24 properties over the next three years in markets such as Agra, Ayodhya, Bandhavgarh, Mumbai, Ranthambore, Sikkim, Srinagar and Jaisalmer.
The Leela Palaces, Hotels and Resorts is India’s largest institutionally owned and managed pure-play luxury hospitality brand. Backed by the Brookfield Group, the company operates 14 award-winning properties across India’s major leisure and business destinations. The brand has also been ranked the number one hospitality brand globally by Travel + Leisure World’s Best Awards in 2020 and 2021, and among the top three in 2023 and 2024.
The company has a market cap of over Rs 13,842 crore. The stock price has surged by over 2.44 per cent since its listing. The stock has also gained about 8.37 per cent from its 52-week low of Rs 382.50 per share.
Disclaimer: The article is for informational purposes only and not investment advice.