Chalet Hotels (CHALET) — Announcement

📢 Key Event
Chalet Hotels expands growth pipeline with ATHIVA entry into Hyderabad and Pune business districts

🔄 What Changed
New hotel developments in Hyderabad (150 keys) and Pune (231 keys) added to pipeline

🔮 What's Next
FY 2029 launch for Hyderabad, FY 2031 launch for Pune

💡 Investor Takeaway
This expands Chalet's premium pipeline in key corporate hubs with lower near-term capital outlay.

Chalet Hotels announced its expansion with two new ATHIVA® branded hotels in Hyderabad and Pune, adding 150 and 231 keys respectively. The projects leverage capital-efficient lease models with Mindspace REIT, deferring capex until later development stages. This strengthens Chalet's presence in high-growth commercial hubs and advances its premium lifestyle brand strategy.

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About Chalet Hotels Limited (CHALET)

Consumer Services · Hotels & Restaurants · Listed on NSE

Market Cap: ₹19,821.16 Cr P/E: 37.5 ROE: 17.3% ROCE: 15.3% Div Yield: 0.22%

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🔥 Also filed on 5 August 2026

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Source: Stock Announcements. Analysis by StockFin.ai. For informational purposes only — not investment advice.

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