It is a history-making year for The Leela, the 35-year-old hospitality group, and a byword for luxury in the Indian hospitality space since its launch. It has opened two hotels this year – in Jaipur and Gandhinagar, and is set to launch a third in Bengaluru in September. Its last opening was nine years ago. Yes, it’s a record number of openings in a single year for the group. Launched by C P Krishnan Nair in 1986, the group has been plagued by financial issues, and was acquired by Canada based Brookfield Asset Management in 2019. Given that the pandemic and its impact hit from early 2020, it has not been an easy time. With a new owner, the group is striving to regain its exalted position once more. “As the world opens up, we must all prepare for the coming recovery and ready ourselves to take advantage of opportunities that will gradually but undoubtedly arise,” says Anuraag Bhatnagar, Chief Operating Officer, The Leela Palaces, Hotels and Resorts. “In the last year and a half, the world around us has changed rapidly. We know that the ‘normal’ we are returning to will not be the ‘normal’ we knew. And that the trends and behaviours that were predicted at the start of the decade are no longer applicable.” The shape of the normal for the sector is still a work in progress. “At The Leela, our focus has been to Reimagine, Redesign and Reset,” stresses Bhatnagar. “As a leader, I focus on keeping abreast with the evolved expectations of our guests and ensure we not only meet but exceed them; keeping this in mind, we remain true to the values of our brand and continue to deliver a true luxury experience. I also want to ensure that as a business, we remain agile, to be able to quickly adapt to an ever-evolving tomorrow. We know that hospitality has been amongst the worst hit and the road to recovery will be slow and bumpy. But we remain cautiously optimistic that demand will return sooner than we expect. Our resorts are already seeing a lot of traction, reaching and, in some cases, exceeding pre-pandemic levels.” In a report, industry consultant Hotelivate predicted an occupancy rate of 33.8 per cent (65.4 per cent in 2020) for the sector in 2021. For the luxury space, which Leela’s hotels occupy, the prediction is 29.2 per cent. The RevPAR (revenue per available room) is expected to be down by 67 per cent in this segment, while occupancy in the luxury category is predicted to fall by 53 per cent. The outlook for 2022 points to a significant recovery, though.