Chalet Hotels in advanced talks to acquire Six Senses Vana for Rs 600 crore
The proposed acquisition of the Dehradun luxury wellness retreat would deepen Chalet Hotels’ premium hospitality portfolio. A definitive agreement and transaction timeline have not been disclosed.
What happened
Chalet Hotels is in advanced talks to acquire Six Senses Vana, a luxury wellness retreat in Dehradun, for about Rs 600 crore, reinforcing its premium
Key facts
- Rs 600 crore
- 330 rooms
- 100% stake
- Rs 530 crore enterprise value
- 150 rooms
What changed
Chalet Hotels is in advanced talks to acquire Six Senses Vana, a luxury wellness retreat in Dehradun, for about Rs 600 crore, reinforcing its premium hospitality expansion strategy.
Why this matters
Chalet Hotels’ potential Rs 600 crore acquisition of Six Senses Vana would add a high-end wellness destination to its premium hospitality portfolio, though deal timing and terms remain undisclosed.
What to watch
- Announcement of a definitive share or asset purchase agreement and disclosed enterprise value.
- Confirmation that Six Senses branding and operating management will continue after a change in ownership.
- Transaction funding details, including debt drawdown, equity issuance, or internal-accruals funding.
- Disclosures on Vana's revenue, EBITDA, occupancy, ADR, room count, and required renovation capex.
- Chalet management commentary on leisure-versus-business hotel mix and additional wellness acquisition targets.