Dr. Sanjay Sethi, MD and CEO of Chalet Hotels said the company delivered a ‘strong and steady’ performance during the quarter under review.
“Even amid volatile external conditions, from unpredictable weather to geopolitical shifts, our teams executed with clarity, consistency, and purpose. The quarter also marked a strategic milestone with the debut of ATHIVA Hotels & Resorts, Chalet’s own premium lifestyle brand anchored in joy, wellness, and sustainability,” he said.
“The transformation of the iconic The Dukes Retreat to ATHIVA Resort & Spa, Khandala sets the stage for a broader brand roll-out in the years ahead, strengthening Chalet’s position as an integrated and future ready hospitality platform,” he added.
The company said the Taj hotel at Delhi Airport is on track for completion in the first half of financial year 2027 and that construction is progressing ‘steadily’ on the project.
It said development is progressing as scheduled on its Varca Beachfront Resort, Goa with delivery expected in financial year 2028. Chalet said the 10% year on year room inventory growth is led by acquisitions and addition of new inventory.