In a significant move to bolster its presence in the leisure sector, Chalet Hotels Limited (CHL) has finalized the acquisition of Courtyard by Marriott Aravali Resort, NCR (CYMA), a sprawling 158-room resort spread across 14 acres of land. This strategic acquisition, valued at ₹315 crore, marks a pivotal step in CHL's growth trajectory, aligning with its vision to tap into emerging opportunities in the leisure space.

Since its inauguration in June 2022, CYMA has emerged as the preferred choice for leisure travelers, MICE events, and destination weddings. Conveniently located within 1.5 hours from New Delhi, Gurgaon, and Noida, the resort offers easy access to the bustling Indira Gandhi International Airport, New Delhi.

Featuring an array of dining options, recreational facilities, and entertainment offerings, CYMA promises an immersive experience for guests of all ages. From all-day dining to adrenaline-pumping activities like ziplining and quad biking, the resort caters to diverse interests and preferences.

Sanjay Sethi, MD & CEO of Chalet Hotels Limited, expressed enthusiasm about the acquisition, highlighting its strategic significance in expanding CHL's foothold in the leisure segment. He emphasized the company's commitment to capitalizing on emerging opportunities and cementing its position as a frontrunner in the industry.

Despite fluctuations in share prices, CHL remains steadfast in its pursuit of growth and excellence, with a keen focus on enhancing shareholder value and delivering exceptional experiences to guests.

The acquisition of Courtyard by Marriott Aravali Resort reflects CHL's long-term vision and commitment to driving sustainable growth in the hospitality sector. With a portfolio boasting collaborations with leading operators like Marriott, Hyatt, and Taj, CHL is poised to redefine the hospitality landscape and set new benchmarks for excellence in the years to come.