Schloss Bangalore Limited was incorporated as ‘Schloss Bangalore Private Limited’ on March 20, 2019, as a private limited company under the Companies Act 2013, at New Delhi, pursuant to a certificate of incorporation issued by the RoC CRC. Upon the conversion of the company to a public limited company, pursuant to a resolution passed by its Board on May 29, 2024 and a special resolution passed by its Shareholders on May 30, 2024, the name of the company was changed to ‘Schloss Bangalore Limited’, and a fresh certificate of incorporation dated July 3, 2024 was issued by the RoC CPC.
The company owns, operates, manages and develops luxury hotels and resorts under ‘The Leela’ brand. Its Portfolio includes The Leela Palaces, The Leela Hotels and The Leela Resorts. It undertakes its business primarily through direct ownership of hotels and hotel management agreements with third-party hotel owners. Its mission is deeply rooted in the traditional Indian hospitality belief of ‘Atithi Devo Bhava’ (Guest is God). Its goal is to offer its guests luxury experiences with premier accommodation, exclusivity and personalized service, inspired by the ethos of Indian hospitality. It aims to maintain its position as a world-class luxury hospitality brand.
It endeavors for The Leela brand to be the preferred brand for travelers seeking premier luxury hospitality, exclusivity and personalized services. Its service excellence is reflected by its industry leading net promoter scores and guest satisfaction ratings.
Business area of the company
It owns, operates, manages and develops luxury hotels and resorts under ‘The Leela’ brand. Its Portfolio includes The Leela Palaces, The Leela Hotels and The Leela Resorts.
History and milestones
- 2019: Incorporation of the Company.
- 2019: Acquisition of The Leela Palace Bengaluru by the Company.
- 2019: Acquisition of The Leela Palace New Delhi by Schloss Chanakya.
- 2019: Acquisition of The Leela Palace Chennai by Schloss Chennai.
- 2019: Acquisition of The Leela Palace Udaipur by Schloss Udaipur.
- 2019: Novation of the management and operations agreement of The Leela Bhartiya City Bengaluru by HLV Limited to Schloss HMA.
- 2019: Novation of the management and operations agreement of The Leela Hyderabad by HLV Limited to Schloss HMA.
- 2019: Novation of the management and operations agreement of The Leela Ambience Gurugram Hotel & Residences by HLV Limited to Schloss HMA.
- 2019: Novation of the management and operations agreement of The Leela Ambience Convention Hotel Delhi by HLV Limited to Schloss HMA.
- 2019: Acquisition of “The Leela” brand by Schloss HMA.
- 2019: Schloss HMA entered into a centralised services and license agreement with HLV Limited in relation to The Leela Mumbai.
- 2020 Novation of the management and operations agreement of The Leela Gandhinagar by HLV Limited to Schloss HMA.
- 2021: Acquisition of Galleria at The Leela Palace Bengaluru by the Company.
- 2022: Schloss HMA entered into a hotel operation and management services agreement with Kollam Royal Park Hotel and Resorts Private Limited in relation to The Leela Ashtamudi, A Raviz Hotel.
- 2022: Schloss HMA entered into a hotel operation and management services agreement with Kovalam Resort Private Limited in relation to The Leela Kovalam, A Raviz Hotel.
- 2023: Acquisition of 50.00% shareholding of TPRPL by MPPL.
- 2023: Schloss HMA entered into an agreement for operation and maintenance of The Leela Sikkim.
- 2024: Acquisition of 100.00% shareholding of Schloss Chennai by the Company.
- 2024: Acquisition of 100.00% shareholding of Schloss Gandhinagar by the Company.
- 2024: Acquisition of 100.00% shareholding of Schloss HMA by the Company.
- 2024: Acquisition of 100.00% shareholding of LPRL by the Company.
- 2024: Acquisition of 100.00% shareholding of MPPL by Schloss Chanakya.
- 2024: Acquisition of 100.00% shareholding of Schloss Chanakya by the Company.
- 2024: Acquisition of 100.00% shareholding of Schloss Tadoba by the Company.
- 2024: Acquisition of 50.00% shareholding of TPRPL by Schloss Chanakya.
- 2024: Acquisition of 100.00% shareholding of Schloss Udaipur by Schloss Chanakya.
- 2024: Amalgamation of TPRPL and MPPL.
- 2024: Acquisition of 100.00% shareholding of Leela BKC Holdings (formerly known as Transition Cleantech Services Four Private Limited) by the Company.
- 2024: Acquisition of 100.00% shareholding of TCS Five by the Company.
- 2024: Acquisition of 100.00% shareholding of Aries Holdings by Schloss Chennai.
- 2024: LPRL secured letter of award from Jammu & Kashmir Tourism Development Corporation as lead member of a consortium in relation to development of The Leela Palace Srinagar, Jammu and Kashmir.
- 2024: Commencement of operations at The Leela Hyderabad.
- 2024: Acquisition of 74.00% shareholding of Anasvish Tiger Camp Private Limited by the Company.
- 2024: Schloss HMA entered into a hotel operation and management services agreement with Anasvish Tiger Camp in relation to The Leela Bandhavgarh.
- 2024: Acquisition of 51.00% shareholding of Inside India Resorts Private Limited by the Company.
- 2024: Schloss HMA entered into a hotel operation and management services agreement with Inside India Resorts in relation to The Leela Ranthambore.
- 2024: Lago Vue entered into a concession agreement with Jammu and Kashmir Tourism Development Corporation for the development, operation and maintenance in relation to The Leela Palace Srinagar, Jammu and Kashmir.
- 2025: Acquisition of 76.00% equity shareholding and 19.98% preference shareholding of Buildminds Real Estate Private Limited by the Company.
- 2025: Schloss HMA entered into a hotel operation and management services agreement with Buildminds Real Estate Private Limited in relation to The Leela Ayodhya.
Comment