Chalet Hotels Limited — Updates, 24-10-2024: Press Release

Chalet Hotels Limited reported strong Q2 FY25 results with total income of INR 3.8 billion, up 20% year-on-year, and EBITDA of INR 1.6 billion, also up 20%. Highlights include a 10% increase in average daily rate (ADR) to INR 10,532 and 74% occupancy. The company won the KPMG ESG Excellence Award 2024 and acquired 11 acres of beachfront land in Goa for development. Chalet continues to expand its hotel portfolio, aiming for sustainable growth.