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Chalet Hotels Targets 5,500 Keys by Fiscal 2030
financeasianhospitality.com··1 min·For: Owner, Investor, GM

Chalet Hotels Targets 5,500 Keys by Fiscal 2030

Chalet Hotels Ltd. plans to expand its portfolio to 5,500 keys by FY30 by combining asset ownership, franchise, and third-party management models. Growth will be heavily driven by its proprietary Athiva brand alongside international luxury partnerships.

Key Takeaways

  1. 1Pipeline includes 2,300 keys, with up to 1,300 rooms under its new proprietary Athiva brand.
  2. 2Projects include a 380-room Taj at Delhi Airport and a Ritz-Carlton in Hyderabad.
  3. 3Expansion will be financed without substantially increasing debt on the balance sheet.

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Source: asianhospitality.com

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