HOSPITALITY
Chalet Hotels Targets Disciplined Growth With 11 Hotels And 3,389 Keys
Chalet Hotels Ltd, a part of K. Raheja Corp group, which operates 11 hotels with 3,389 keys, is focusing on improving operating performance while expanding its portfolio through selective investments and new development opportunities. The company is targeting higher occupancies, improved average room rates and stronger food and beverage revenues, while also seeking to grow […]
CW Bureau
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Aug 29, 2026
HOSPITALITY
Chalet Hotels Expands Athiva Brand With New Hyderabad, Pune Hotels
Chalet Hotels Ltd has expanded its hospitality pipeline with two new upper-upscale hotels under its in-house brand Athiva in Hyderabad and Pune. The projects will add 150 keys to Hyderabad’s portfolio and 231-keys in Pune. The additions will strengthen Chalet’s presence in both cities and support Athiva’s expansion as a pan-India premium lifestyle hospitality brand. […]
CW Bureau
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Aug 5, 2026
INFRASTRUCTURE
GMR Bets On Multi-Project Aerocity Strategy Amid Airport Expansion
GMR Airports Ltd (GAL) is accelerating efforts to build real estate into its third major growth platform, alongside its core airport and non-aeronautical businesses, as multiple commercial projects progress at Delhi Aerocity. Speaking during the company’s earnings call, management said the group remains focused on long-term growth despite near-term challenges, while aggressively optimising revenue streams […]
CW Bureau
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Jun 3, 2026
HOSPITALITY
Chalet Hotels To Buy Inder Residency & Resorts In Udaipur For ₹171 Cr
Chalet Hotels Ltd (CHL) has marked its entry into Udaipur with the acquisition of 144-key Seasons Hotels Pvt Ltd for a total consideration of ₹171 crore, with plans to upgrade the asset into an upper upscale or premium lifestyle destination. The acquisition aligns with CHL’s strategy of disciplined expansion in high-growth leisure markets, focusing on […]
CW Bureau
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Apr 24, 2026