Chalet Hotels Limited — Updates, 29-01-2025: Press Release

Chalet Hotels Limited has reported a robust performance for the third quarter of FY25, achieving record revenue of INR 4.6 billion, up 22% year-over-year. The company's total EBITDA rose to INR 2.1 billion, reflecting a 23% increase. Key highlights include an average daily rate (ADR) of INR 12,944, a rise of 18% compared to Q3 FY24, and an occupancy rate of 70%. The hospitality segment contributed INR 4 billion to revenue, up 17% year-over-year, with revenue per available room (RevPAR) improving 16% to INR 9,090.

The rental and annuity segment also performed strongly, posting revenue of INR 577 million, a 91% increase from the same quarter last year. Notably, Chalet Hotels was recognized as one of the top 5 hotel developers in India and achieved Great Place to Work certification for the sixth consecutive year. The company is actively expanding its hotel inventory and renovating existing properties, indicating a positive outlook for future growth. Investors should watch closely as this momentum continues to build.