Chalet Hotels Limited — Investor Meet, 09-02-2026: Analysts/Institutional Investor Meet/Con. Call Updates

Chalet Hotels reported strong Q3 FY26: Consolidated revenue rose 27% to INR 589.2 Cr, EBITDA climbed 29% to INR 272.6 Cr, with a 46.3% margin. Hospitality RevPAR grew 12%, driven by a 16% increase in ADR. Commercial Real Estate revenue was up 29% to INR 74.4 Cr. Net debt stood at INR 2,000 Cr, with INR 380 Cr liquidity.

Key updates include the rebranding of Aravali Marriott Resort & Spa, Athiva Khandala's successful launch, and the upcoming Athiva rebranding for the Vashi hotel. CIGNUS II Powai remains on track for an FY27 launch, while Taj Delhi Airport faces delays. Hyatt Regency Airoli secured environmental clearance, with construction expected to commence in months. Management expresses confidence in robust industry tailwinds and strategic growth initiatives.