Mumbai-based Chalet Hotels, which operates as an owner, developer, asset manager, and operator of high-end hotels, is optimistic about its performance in the second half of FY26 and beyond, driven by portfolio expansion, steady demand in hospitality, and rising rental income from commercial assets.
Speaking to CNBC-TV18, Sanjay Sethi, Managing Director and CEO of Chalet Hotels said, the second half has historically been better than the first half on the hospitality side, with several new additions to the portfolio coming into play.
In the July–September quarter of FY26 (Q2FY26), Chalet Hotels reported revenue of ₹735 crore, margin of 40.7%, and a profit after tax of ₹154.8 crore.
Chalet’s newly launched premium brand, ‘ATHIVA’, will strengthen its positioning in the upscale and lu

CNBC-TV18

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