Chalet Hotels reports strong growth in H1 FY26, expands footprint

Chalet Hotels Limited demonstrated significant growth in H1 FY26, with consolidated revenue increasing by 120% and EBITDA by 123% year-over-year. The hospitality business contributed ₹7,658 million in revenue and ₹3,129 million in EBITDA, reflecting 16% and 15% YoY growth, respectively. Commercial real estate (CRE) saw remarkable expansion, with revenue up 90% to ₹1,470 million and EBITDA soaring by 107% to ₹1,215 million, achieving an impressive EBITDA margin of 82.7%. The residential project also made a substantial contribution, generating ₹7,213 million in revenue and ₹2,701 million in EBITDA.

The company's strategic expansion is evident with 16 total hotels, comprising 3,359 operational keys and approximately 1,200 keys in the pipeline. Chalet Hotels introduced its new premium lifestyle hospitality brand, ATHIVA Hotels & Resorts, with a debut property in Khandala and five more coming soon in locations such as Navi Mumbai, Aksa Beach, Varca, Bambolim, and Thiruvananthapuram. The total leasable area for commercial real estate stands at 2.4 million square feet, with 0.9 million square feet in the pipeline.

Chalet Hotels is also committed to sustainability, becoming the first hospitality brand in India to achieve Climate Group's EV100 target, aiming for 100% guest fleet as EVs by 2025. The company continues to invest in skill-building and employee well-being initiatives.