Chalet Hotels takes Athiva to 1,231 keys, targets ₹550 crore revenue by FY31
Chalet Hotels has added Athiva projects in Hyderabad and Pune, expanding the brand’s pipeline from 900 to 1,231 keys. The company expects Athiva to generate ₹500–550 crore in revenue by FY31, supported by a planned ₹3,000 crore capex programme over three years.
Chalet Hotels signed Athiva projects in Hyderabad and Pune, taking the brand to 1,231 keys. The company targets ₹500-550 crore in Athiva revenue by FY31 and will fund ₹3,000 crore of three-year capex through internal accruals and debt capacity.
Why this matters
The expansion builds on Chalet Hotels' recent 381-key ATHIVA additions in Hyderabad and Pune and its FY27 pipeline spanning Delhi, Powai, Hyderabad and Airoli.
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