This acquisition reinforces Chalet Hotels Limited’s strategy of disciplined expansion in high-growth leisure markets, with a focus on asset enhancement, premium positioning, and long-term value creation. The property spread across approximately 8.2 acres features 144 rooms, expansive lawns, and banqueting facilities, making it well-suited for weddings, MICE, and leisure travel. The property will be upgraded to upper upscale / premium lifestyle destination and remain non operative during this period. CHL will evaluate the possibility of expanding the property and adding additional rooms, said a release.This acquisition reinforces Chalet Hotels Limited’s strategy of disciplined expansion in high-growth leisure markets, with a focus on asset enhancement, premium positioning, and long-term value creation. The property spread across approximately 8.2 acres features 144 rooms, expansive lawns, and banqueting facilities, making it well-suited for weddings, MICE, and leisure travel. The property will be upgraded to upper upscale / premium lifestyle destination and remain non operative during this period. CHL will evaluate the possibility of expanding the property and adding additional rooms, said a release.
Chalet Hotels Limited forays into Udaipur, Rajasthan with Rs 171 crore Seasons Hotels Private Limited acquisition
