Chalet Hotels eyes stronger H2; Powai real estate to drive FY27 growth
Chalet Hotels expects H2 FY26 momentum from rebounding foreign arrivals and wedding demand, reaffirming 12-14% FY27 growth. A 900,000 sq ft Powai commercial project will add ₹150 crore EBITDA, scaling monthly rentals from ₹28 crore to ₹40-45 crore. Group is also building owned hotel brand Athiva alongside 1,650 rooms under development.
Chalet Hotels expects stronger H2 on recovering foreign arrivals and wedding demand, reaffirms 12-14% FY27 growth. Powai commercial real estate (900k sq ft) to add ₹150cr EBITDA; rental income to scale to ₹40-45cr/month. Building own brand Athiva.