Corporate Presentation - June 2013 May 2016 - The Leela ...
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Corporate
Corporate Presentation
Presentation
June 2013
May 2016
Hotel Leelaventure Limited: Introduction
A leading player in the growing luxury hotels segment in India, with
a well-recognized brand name
9 existing five star deluxe properties, all in premium locations
spread across India, of which 5 are owned
Company presently adopting asset light strategy. More hotels being
taken on Management
Strong business fundamentals and operating matrix as compared
to industry average, making its hotels RevPAR leaders in most of
the markets it operates in
Alliances with Preferred Hotel Group, Global Hotel Alliance, ESPA,
Le-Cirque and Megu
Experienced management team with rich industry experience and
proven execution capabilities
2
Evolution of The Leela Palaces and Resorts
2015
2013
The Leela, Goa
The Leela Palace, Chennai
Under management contract
begins operations
\
2011
The Leela Palace, New Delhi
begins operations
2009
The Leela Palace, Udaipur 2015
begins operations 2011 The Leela, New Delhi
The Leela, Kovalam Shardara
Under management Under management
2009 contract contract
2006
The Leela, Gurgaon under
Acquired Kovalam Hotels and rechristened it
Management contract
as The Leela Kovalam
2008
The Leela Palace, Bangalore undergoes
1996 expansion
Added 60 new rooms to the Leela, Goa and
established a 9-hole mini golf course 2001
The Leela Palace, Bangalore begins
operations
1986 1991
The Leela, Mumbai begins The Leela, Goa begins operations
Operations
1981
Inception of Hotel Leelaventure
Ltd.
3
Well Recognized Brand Name
The Leela Palace, Bangalore The Leela Palace, Udaipur
• Times Food and Nighlife Awards – Le Cirque restaurant awarded for Best • Business World India Hotelier Awards – The Leela Palace Udaipur wins
European Fine Dining Category, December 2015 Luxury Hotel of the Year at Indian Hospitality Awards, March 2016.
• Trip Advisor Travellers’ Choice Awards – The Leela Palace Udaipur
The Leela Palace, Chennai recognised among Best Luxury Hotels in India, January 2016
• Conde Nast Traveller India Readers’ Travel Awards 2015 – Voted
• The Best Business Hotel in Chennai, Today’s Traveller Award, August 2015 ‘Favourite Leisure Hotel’ of India, November 2015.
The Leela Palace, Delhi
The Leela, Goa
• TripAdvisor Travellers’ Choice Awards – Amongst the Top 25 Luxury Hotels
in India and Top 25 Hotels for Service in India. - January 2016 • Conde Nast Traveller Reader’s Travel Awards 2015 (UK) – named
among The World’s Top 100 hotels, October 2015
• Robb Report USA – Recognised as one of World’s Top 100 Hotels of 2015,
May 2015
• Conde Nast Traveller Reader’s Travel Awards 2015 (UK) – The Leela Palace The Leela Ambience , Gurgaon
New Delhi voted among ‘The World’s Top 100 hotels,’ October 2015 and • EazyDiner Foodie Awards – The Leela Ambience Gurgaon Hotel and
ESPA as the Favourite Indian Hotel Spa, November 2015. Residences named Hotel of the year, April 2016
• CNBC Awaaz Travel Awards 2015 – Awarded ‘Best Leisure Hotel’, May 2015 • Times Food and Nighlife Awards – Zanotta awarded Best Italian Fine
Dine; Rubicon awarded Best Bar for Wine – Luxurious Night Life;
• Eazy Diner Foodie Awards 2016 – Le Cirque awarded Critics Choice ‘Best
Spectra awarded Best Restaurant for Multi Cuisine, Pan Asian and
European Restaurant in a Hotel,’ April 2016
Spanish cuisine in Gurgaon, March 2016
• Ospitalita Italiana 2015-16 – Le Cirque is awarded one of the top authentic
Italian restaurants in the world, March 2016
The Leela, Kovalam
The Leela, Mumbai • Lonely Planet India Travel Awards – The Leela Kovalam awarded Best
Indian Luxury Hotel in India, June 2015
• Tripadvisor Awards 2015 – Awarded the Certificate of Excellence and • Today’s Traveller Award 2015 – “Favourite Kerala Ayurveda & Spa”
inducted in to the Hall of Fame, May 2015 awarded as the Best Welness Spa, August 2015.
• Times Food & Nightlife Awards – Le Cirque Signature awarded Best Italian
restaurant in Mumbai – Fine Dine (Suburbs), February 2015
National
Tourism Award
4
Best in Class Alliances and Tie-ups
Alliances Credentials Relationship with Leela
• Global leader in the luxury hospitality industry • Provides marketing, sales, reservation and technological support.
• Facilitates reservations, sales and marketing • Provides sales contact with large consortia namely– Amex, CWT, BCD and Hogg
services to more than 650 independent hotels in Robinson, PHG’s Airlines and Credit Card partnerships
over 65 countries • 35 Global Sales Offices assist in promoting transient business for all hotels
• Helps improve brand awareness among international travellers
• World’s largest alliance of independent hotel • Leverage GHA’s international services
brands • Provides access to key market sales support, hotel cross-promotional activity, trade show
• Currently comprises nearly 335 hotels with over representation
65,000 rooms across 61 countries • Access to frequent flier program partnerships, loyalty programs, public relations and
advertising campaigns
• ESPA manages the Group’s Spas at The Leela Palace New Delhi, The Leela Palace
• World renowned brand for spas and skincare
Chennai and The Leela Palace Udaipur. ESPA products and treatments are offered at
products
The Leela Mumbai
• One of New York’s well known culinary • Le Cirque provides its world renowned culinary experience at The Leela Palace, New
destinations known for its Italian and French Delhi.
cuisine • Le Cirque Signature - exclusive French-Italian dining experience at The Leela Mumbai
and The Leela Palace Bangalore.
• New York based high end Japanese restaurant
• Both its menu and design concept are a blend of • Megu operates its specialty Japanese restaurant at The Leela Palace, New Delhi
traditional and contemporary Japanese
5
Strong Management Team with Proven Capabilities
Conferred the ‘Padma Bhushan’ by the
Government of India, 2010 The Green Hotelier, 2010 awarded by Gulf
Connoisseur
The Hotelier of the Century Award by International
Hotel and Restaurant Association (IH&RA),
(Switzerland) in 2010 for Capt. Nair’s contribution to Lifetime Achievement Five Star Diamond Award
the hospitality industry in India 2009 awarded by The American Academy of Hospitality
Sciences
Elected to Global 500 Roll of Honour by United Lifetime Achievement Award at Conde Nast
Late Capt. C P Krishnan Nair Nations Environment Programme presented in 1999 in
Founder Chairman Traveller India’s Readers’ Travel Award conferred in
recognition of outstanding practical achievements in Decenber 2011
Promoted The Leela Group of Hotels the protection and improvement of environment
in 1986
Vivek Nair Dinesh Nair Krishna Deshika Rajiv Kaul
Chairman & MD Co Chairman & MD CFO President
Over 36 years of With the Company Over 36 years of Over 37 years of
experience in the since its inception experience in finance, experience in The
hotel industry accounts, company hotel industry
Over 36 years of
Hon. Secretary and experience in secretarial, legal and With the company
immediate Past management, commercial functions since 2006
President of administration and With the company Previously worked with
Federation of Hotels marketing since 2010 Oberoi and Taj groups
& Restaurants functions Associated with JSW Holds a Diploma in
Association of India
group for 15 years, Hotel Management
(FHRAI).
Millipore India for 2 and an MBA in
years and HMT Hospitality
Limited for 14 years Management
6
Evolving Pan – India Footprint
No.of
Hotel Location
Rooms
Owned and Managed
The Leela Mumbai 391
The Leela Palace Bengaluru 357
New Delhi(2)
Gurgaon
The Leela Palace Udaipur 80
Udaipur
The Leela Palace Delhi 254
The Leela Palace Chennai 326
Total 1408
Mumbai Managed
The Leela Goa 206
Goa
The Leela Ambience Gurgaon 411
The Leela Kovalam
Bengaluru Chennai 183
The Leela Ambience New Delhi, Shahdara 480
Kovalam Total 1280
Location of Existing Hotels
Grand Total 2688
7
The Leela, Mumbai
Operational since 1986, The Leela Mumbai continues to be one of
the popular luxury hotels in Mumbai
Proximity to the airport and business hubs like the Bandra Kurla
Complex (BKC) makes it an attractive location
The Hotel is built on land of 18000 sq mtrs (4.45 acres) leased
from AAI and 7525 sq mtrs (1.85 acres) leased from a Promoter
Company
Room Mix Facilities and Dining
No. of Rooms Facilities
500 Grand Ball Room of 11742 sq. ft. divisible in 5 parts
1
29 391 5 Meeting Rooms
400 58
Spa, Sate-of-art fitness centre and Warren Tricomi Salons
303
300 Dining
CITRUS – 24 hour brasserie offering multi cuisine specialty
200
Jamavar – Indian specialty cuisine
100 The Great Wall – Chinese specialty cuisine
Le Cirque Signature – Italian specialty cuisine
0
Premiere Royal Suites Maharaja Suite Total 6 Degrees - The cosmopolitan bar
Rooms Club Rooms
8
The Leela, Mumbai
Revenue Breakup ARR and Occupancy
INR Mn INR
2,000 35%
10,000 100%
1,750 30%
25% 9,000 8,535 90%
1,500 8,207
25% 7,465
20% 7,704
1,250 8,000 80%
746 7,246
757 20%
1,000 7,000 76% 70%
15% 73%
750 920 852 9% 9% 719 69% 70% 69%
6,000 60%
10%
500 622
600 612 5,000 50%
250 594 5%
651 3%
0 0% 4,000 40%
FY12 FY 13 FY 14 FY 15 FY 16 FY12 FY13 FY14 FY15 FY16
ARR Occupancy
Room Revenue Other Revenue Gross Op. Profit as % of Rev
9
The Leela Palace, Bangalore
Leela Palace, Bangalore commenced operations in 2001 with
256 rooms and expanded to 357 rooms in FY08
The hotel is located in close proximity to the city centre and
recreates the architectural style of the Mysore Palace in a
modern art deco form
The Leela Palace Bangalore stands majestically amidst seven
acres of lush gardens and a sparkling lagoon in the garden city
of Bangalore
The Hotel is built on land of 6 acres leased from promoter
Company and 0.9 acre of land and building leased by an
Investor
Room Mix Facilities and Dining
No. of Rooms Facilities
500 Grand Ball Room of 4400 sq. ft.
44 28 1 357
80 12 Board Rooms and Meeting Rooms
375
20 Spa by ESPA
250 184 Dining
125 CITRUS - 24 hour brasserie offering Mediterranean cuisine, multi-
cuisine buffet
0 Jamavar – Fine dining signature Indian restaurant
Deluxe Conser- Royal Royal Suites Maharaja Total
Rooms vatory Premiere Club Suite Le Cirque - offers pan Asia cuisine
Rooms Rooms Rooms
Library Bar – International martinis and cigar lounge
10The Leela Palace, Bangalore
Revenue Breakup ARR and Occupancy
INR Mn INR
2,000 50% 16,000 80%
42% 43%
11,521 11,673 11,109 11,136
1,500 39% 12,000 10,897
38% 38% 40% 70%
1,004 1,015
1,000 926 924 966 8,000
67%
67% 66%
30% 64% 65% 60%
500 4,000
735 840
682 623 654
0 50%
0 20%
FY12 FY 13 FY 14 FY 15 FY 16 FY12 FY13 FY14 FY15 FY16
Room Revenue Other revenue Gross Op. Profit as % of Rev
ARR Occupancy
11The Leela Palace, Udaipur
Leela Palace Udaipur commenced operations in 2009
The hotel offers a spectacular view of Lake Pichola, the City
Palace and the Aravalli mountains
All 80 guestrooms and suites are on the waterfront of Lake Pichola
The hotel is built on 8.2 acres of land owned by the Company
Room Mix
No. of Rooms
Facilities
The Marwar ballroom of 2461 sq ft and Mewar ballroom of 1872 sq ft
2 1 1 80 and 4 Boardrooms / meeting rooms
85 4
Spa by ESPA
60 56 Gym and Sunrise and Sunset Yoga
16
35 Dining
The Dining Room – International cuisine
10
Lake View Heritage Luxury Duplex The Royal The Total Sheesh Mahal – fine dining Indian cuisine
Rooms with Lake View Suites Suites Suite Maharaja
Library Bar
Balcony Rooms with Suite
Balcony
12The Leela Palace, Udaipur
Revenue Breakup ARR and Occupancy
INR Mn INR
28,000 40% 50%
48% 26,000
40% 40% 39% 45%
400 39%
34% 40% 24,000
40%
311 22,000 34%
300 32%
35%
264 20,000 30% 26,229
19% 242 24% 30%
200 23,223
167 18,000 20,923
193 16% 25%
16,000 19,479
100 141
4% 113 160 8% 19,090 20%
137 14,000
91
0 0% 12,000 15%
FY12 FY13 FY14 FY15 FY16 FY12 FY13 FY14 FY15 FY16
Room Revenue Other Revenue Gross Op. Profit as % of Rev ARR Occupancy
13The Leela Palace, New Delhi
Leela Palace, Delhi commenced operation in April 2011.
Located in the exclusive Diplomatic Enclave with close
proximity to Rashtrapati Bhavan, the Secretariat, as well
as the central business district and historical monuments
Spread over 3 acres of land, owned by the Company
All suites and guestrooms are over 550 sq. ft.
Room Mix
Facilities
No. of Rooms Grand Ball Room of 4300 sq ft and Royal Ball Room of 1176 sq ft
280 14 1 1 1 254 8 Meeting rooms and Boardrooms
43
240 Spa by ESPA
70
200
124 Dining
160
120 The Qube – all day dining restaurant
80 Jamavar – Royal Indian cuisine
40 Megu - modern Japanese cuisine
0
Gra nde Royal Royal Suites Gra nde Royal S uite Mahara ja Tota l Le-Cirque - French & Italian gourmet cuisine
Deluxe Pre mie re Club Suite with Po ol Suite
guestrooms Rooms Rooms with po ol The Library - Bar
14The Leela Palace, New Delhi
Revenue Breakup ARR and Occupancy
INR
INR Mn
1,800 48%
16,000 80%
1,600
36% 36% 37% 40% 67%
1,400
60% 70%
14,000 58%
1,200 929 32%
798 51% 60%
25% 785
1,000
710
24% 12,000 50%
800 521 14,403 14,237 14,816
14,814
600 16% 35% 40%
744 787 812 797 10,000
400 556
8% 15,843 30%
200
1%
0 0% 8,000 20%
FY12 FY13 FY14 FY15 FY16 FY12 FY13 FY14 FY15 FY16
Room Revenue Other Revenue Gross Op. Profit as % of Rev
ARR Occupancy
15The Leela Palace, Chennai
Leela Palace, Chennai commenced operations in Jan 2013.
The hotel is located in Adyar in Chennai, overlooking the azure
blue sea of the Bay of Bengal
The seafront hotel reflects the grandeur of the Chettinad Palace
architecture
Majority of the 326 guest-rooms and suites overlooking the Bay of
Bengal
The hotel is built on 4.8 acres of land owned by the Company
Room Mix
No. of Rooms
Facilities
360
16 13 1 1 1 326
Grand Ballroom of 15400 sq. ft. and Royal Ballroom of 8535 sq. ft. with
300 57
pre-function area
24
240 213 2 Meeting Rooms and 7 Board Rooms
Dining
180
Spectra - All day dining restaurant
120
Jamavar – Indian restaurant
60 China XO - Chinese restaurant with alfresco dining
0 Library Blue - Bar
Deluxe Pre mie re Royal Suites Deluxe Luxury Royal Mahara ja Tota l
Rooms Rooms Club Apa rtment Apa rtment Suite Suite
Rooms
16The Leela Palace, Chennai
Revenue Breakup ARR and Occupancy
INR Mn INR
1,050 25%
20% 9,000 60%
900 378 20%
15%
750 423
15% 8,000 8,924 50%
283 53%
600
10% 47%
450 7,000 40%
624 585 5% 32%
300 523 6,770 6,681
52 6,000 30%
150 -3% 0% 7,317
100
0 -5% 24%
5,000 20%
FY13 (79 days) FY14 FY15 FY16
FY13 (79 Days) FY14 FY15 FY16
Room Revenue Other Revenue Gross Op. Profit as % of Rev
ARR Occup ancy
17The Leela, Goa
Operational Since 1991.
This resort earlier owned by HLVL was sold in 2015 and continues to be
managed by HLVL.
Has 206 rooms and suites, spread over 50 acres of land
Located in Cavelossim on the Mobor beach in South Goa between Sal River
and Arabian Sea, the hotel is designed to reflect the Indian and Portuguese
heritage
Room Mix
Facilities
Ballroom of 6585 sq ft, 1 Conference room and 2 Boardrooms
No. of Rooms
Golf course, Tennis Courts, Spa and and other facilities
250
15 4 1 206 Warren Tricomi Salon – ultimate experience in luxury hair and beauty care
26
200
66 Aqua: Entertainment lounge and discotheque
150
Dining
100 94 The Restaurant - All day dining and multi cuisine restaurant
50 The Riverside – the Italian restaurant
Susegado – Seafood restaurant
0
Lagoon Conservatory Lagoon Club Royal Presidential Total The Yali Lounge
Terrace Premiere Suite Suites Villas Suite
Rooms Rooms The Pool Bar
18The Leela, Gurgaon/NCR
Operational since April 2009
The property is owned by the Ambience Group
HLVL operates the hotel through a management contract
Facilities
Room Mix
The Grand Ballroom of 6585 sq ft and The Grand Ballroom I & II of 4600
No. of Rooms Sq Ft
450 90 411
20,000 sq. ft. of luxurious Spa Luxuriously designed whirlpool, sauna,
375 21 6 1 321 steam & relaxation rooms
293
300 State-of-the-art gymnasium
225 Exclusive business club
150 Dining
75 Spectra - All day dining and multi cuisine restaurant
0 Diya – the Indian restaurant
Guestrooms Executive Deluxe Presidential Total Serviced Grand Total
Suites Suites Suite Residences
19The Leela, Kovalam
This resort earlier owned by HLVL was sold in 2011 and continues to be
managed by HLVL.
Has 183 rooms and suites, spread over 44 acres of land
Kovalam being one of the main tourist attractions in Kerala, it enjoys high
ARRs and Occupancy during the tourist season from November to March
Room Mix
Facilities
Panthal Ballroom of 6726 sq ft area
No. of Rooms
250 RGCC Main hall of 7789 sq ft.
200 41 6 2 1
183
49 Dining
150
Terrace - Multi Cuisine restaurant
100 84
Tides - Sea Food restaurant
50
Café - Multi Cuisine restaurant
0
Beach View Club Rooms Garden Club Suites Presidential Duplex Suite Total
Superior View Rooms Suites
Rooms
20The Leela Ambiance, Shahdara
The Leela Ambiance convention, Delhi Hotel is owned by the Ambience
Group
Has 480 rooms and suites
The Hotel taken under management since Dec 2016.
Room Mix Facilities
Coral / Turquoise Ballroom of Rs 10286 Sq Mtr and Sapphire Ballroom of
No. of Rooms
6737 Sq Mtr.
600
46 12 12 1 SHANAYA – The Spa & Salon
500
Dining
400
409
300 480 DILLI 32 - Awadhi & Mughlai Cuisine
200 MEIKUN - Asian Cuisine
100
Susegado – Seafood restaurant
0
Premier Premier Executive Deluxe Presidential Total CAFÉ KNOSH - Multi Cuisine
Rooms Rooms with Suites Suites Suite
CHERRY BAR – The Bar
Balcony
21Asset light Strategy for Future Growth
MOUs / Management Contracts executed
1. Bengaluru, Karnataka
Management Contract signed with the Bharatiya Group for managing a Leela Hotel, near the International Airport, with 250
guestrooms, and a Convention Centre for 1500 persons. MOU signed for the Leela Residences with 150 units. The property is under
construction and is a part of a 120 acres modern township.
2. Jaipur, Rajasthan
Management Contract signed for a 58 villa resort under development.
3. Agra
The Company through its subsidiary owns 6.5 acres of land on which 100 rooms, all facing the Taj Mahal can be built. The Company is
in the process of selling the land to an investor who proposes to build the hotel and sign a Management Contract with the Company to
manage under the Leela Palace Brand.
4. Chandigarh
MOU signed with WWICS Resorts P. Ltd. for managing a Luxury hotel with 175 guestrooms and 100 Branded Residences.
5. Kathmandu, Nepal
MOU signed with Summit Hotels P. Ltd. for managing a Luxury hotel with 175 guestrooms .
22Deleveraging Through Monetization of Non-core Assets
Chennai Pune
Next to the Leela Palace Hotel 34,102 sq mts of land near the golf club on the main road to the
Airport, jointly owned by the Company and Leela Lace Holdings
Office space with saleable area of 271,674 sq ft
Private Limited, one of the promoters
ready for fit outs
Company shelved initial plans of building luxury hotel, after
Agreement to Sale signed
significant new supply came up in the area
Sale transaction to be concluded after receipt of
Agreement with Sky Realty Projects Private Limited on a 50:50
completion certificate
gross revenue sharing basis. Sky Realty to develop high-end
residential cum commercial property
Construction work has commenced
Pune
Bangalore
Hyderabad Hyderabad
Surplus land of 8,027 sq mts next to Leela Palace
Company has signed a Joint Development 3.85 acres of land in a prime locality at Banjara Hills
Agreement with M/s Prestige Developers for Company shelved initial plans of building a luxury hotel after
developing high-end residences Bangalore significant new supply came up in the area
Chennai
Work has commenced and apartments are being This will be sold in FY 2016-17
sold
23Shareholding Pattern
Individuals and Others 14.71%
Foreign Institutional
Investors 0.29%
Promoters
Bodies Corporate 63.88%
15.80%
Mutual Funds/ Other Financial
Institutions 5.32%
As on March 31, 2016
24Thank You
Disclaimer :
Statements made in this Presentation describing the Company’s objectives, projections, estimates, predictions and expectations may
be ‘forward-looking statements’, within the meaning of applicable securities laws and regulations. As ‘forward-looking statements’ are
based on certain assumptions and expectations of future events over which the Company exercises no control, the Company cannot
guarantee their accuracy nor can it warrant that the same will be realized by the Company. The Company assumes no responsibility
to publicly amend, modify or revise any forward looking statements on the basis of any subsequent developments or events or for
any loss any investor may incur by investing in the shares of the Company based on the ‘forward-looking statements’.
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