Leela to raise room rates by 10-12%

Hotel Leelaven-ture plans to increase room rates by 10-12 per cent in this fiscal and expects revenue in the previous year that ended March 31 to reach Rs 450 core, a senior official of the company said on Thursday.

Hotel Leelaven-ture plans to increase room rates by 10-12 per cent in this fiscal and expects revenue in the previous year that ended March 31 to reach Rs 450 core, a senior official of the company said on Thursday. The hotel major expects to post a 20-22 per cent growth in revenue in FY11, President Rajiv Kaul told reporters.

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