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Leela Palaces Expands Internationally with Dubai Investment

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Leela Palaces Expands Internationally with Dubai Investment

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An update from Schloss Bangalore Ltd. ( (IN:THELEELA) ) is now available.

Leela Palaces Hotels & Resorts Limited has expanded its international presence by investing in Sofitel The Palm FZE through its subsidiary Argon Holdings. This strategic move into Dubai, a key international market, is expected to enhance financial returns and establish the brand’s first international flagship with the planned rebranding of the property to ‘The Leela’.

More about Schloss Bangalore Ltd.

Leela Palaces Hotels & Resorts Limited, formerly known as Schloss Bangalore Limited, operates in the hospitality industry, focusing on luxury hotels and resorts. The company is expanding its market presence internationally, particularly in luxury tourism hubs.

Average Trading Volume: 39,080

Technical Sentiment Signal: Strong Sell

Current Market Cap: 136.9B INR

See more data about THELEELA stock on TipRanks’ Stock Analysis page.

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