Chalet Hotels Limited — Investor Meet, 30-10-2024: Analysts/Institutional Investor Meet/Con. Call Updates
30-10-2024 · 06:58 pm
Chalet Hotels Limited reported a robust Q2 FY '25, with consolidated revenue and EBITDA both up by 20% year-on-year. Record revenue growth occurred in the hospitality segment, driven by an uptick in occupancy and improved average room rates. The company successfully acquired new land in Goa and initiated several projects, though some have experienced minor delays. Positive trends are expected in H2, aided by strong domestic and international travel demand.
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