Chalet Hotels eyes stronger H2; Powai real estate to drive FY27 growth

Chalet Hotels expects H2 FY26 momentum from rebounding foreign arrivals and wedding demand, reaffirming 12-14% FY27 growth. A 900,000 sq ft Powai commercial project will add ₹150 crore EBITDA, scaling monthly rentals from ₹28 crore to ₹40-45 crore. Group is also building owned hotel brand Athiva alongside 1,650 rooms under development.

— Source publishedTue, 16 Jun, 2026, 11:26 IST·First seen Tue, 16 Jun, 2026, 11:35 IST·Source CNBC-TV18 · Companies

What happened

Chalet Hotels expects stronger H2 on recovering foreign arrivals and wedding demand, reaffirms 12-14% FY27 growth. Powai commercial real estate (900k sq ft) to

Key facts

  • 3,389 rooms
  • 1,650 rooms under development
  • 900,000 sq ft
  • ₹150 crore EBITDA
  • ₹28 crore/month rental
  • ₹40-45 crore/month
  • ₹450-500 crore EBITDA
  • 12-14% FY27 growth
  • ₹763.95 stock
  • ₹16,714.73 crore m-cap

Why this matters

Athiva owned-brand build-out and 1,650 rooms in development signal appetite for both organic scale-up and selective hospitality M&A.