Chalet Hotels Ltd

🏨 Chalet Hotels Acquires Udaipur Resort for ₹171 Crore

• Acquired Inder Residency Resort & Spa in Udaipur for ₹1,710 million (₹171 crores) in cash

• Property features 144 rooms on 8.2 acres with lawns, banqueting space, and restaurants

• Part of strategy to expand into high-growth leisure markets and diversify geographically

• Property to be upgraded to upper upscale/premium lifestyle destination

• Target completion date: May 15, 2026

• Seasons Hotels turnover: ₹74.3M (2024-25), ₹103.5M (2023-24), ₹97.2M (2022-23)