Chalet Hotels sees 'rapid growth' once new room occupancies stabilise
Chalet Hotels sees 'rapid growth' once new room occupancies stabilise

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Chalet Hotels sees 'rapid growth' once new room occupancies stabilise

Chalet Hotels, a hotel asset management company, which expanded its portfolio by 166 rooms in the first half (H1) of FY26, expects “rapid growth” in its hospitality segment’s margins. This is after occupancies of its new rooms stabilise in the coming quarters.

 “Given that H1 is typically the weaker half of the hospitality business, we expect margins to grow pretty rapidly once occupancies for these new rooms stabilise,” said Sanjay Sethi, managing director (MD) and chief executive officer (CEO), Chalet Hotels.

 He added, “Overall, on the hospitality side, I am extremely positive (on growth) for the next three-four years.”

Source: Business Standard

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