Chalet Hotels Limited announced a robust performance for the second quarter of FY26, ending September 30, 2025, showcasing steady growth across its hospitality and development portfolio.

The company’s core business (excluding residential) reported revenues of Rs 460 crores, marking a 20 percent year-on-year increase, while EBITDA rose 25 percent YoY to Rs 200 crores. EBITDA margins expanded by 1.4 percentage points, reaching 43.4 percent, reflecting operational strength and efficiency.

During the quarter, the company unveiled its new premium hospitality lifestyle brand, ATHIVA Hotels & Resorts, a concept built around joy, wellness, and sustainability. This brand positions Chalet to capture the rising demand for premium experiential travel, while offering a scalable framework for future developments under a unified brand vision.

Chalet Hotels also achieved a significant sustainability milestone by becoming the first hospitality company to meet Climate Group’s EV100 target, reinforcing its leadership in responsible business practices.

The Board of Directors declared the company’s first interim dividend of Rs 1 per equity share (face value Rs 10), a move that underlines Chalet’s commitment to shareholder value and growth.

The quarter also saw a 10 percent increase in room inventory, driven by strategic acquisitions and the addition of new rooms across properties.

On the development front, several projects made strong progress:

• Taj at Delhi Airport is on track for completion in H1 FY27.

• Varca Beachfront Resort, Goa, continues as scheduled, with delivery expected in FY28.

• The second commercial tower at The Westin Powai Lake and Cignus II, Powai, are both advancing steadily, with completion slated for FY27.

Reflecting on the company’s performance, Sanjay Sethi, Managing Director and CEO, Chalet Hotels Limited, shared, “Chalet delivered a strong and steady performance this quarter, reaffirming the resilience of our diversified portfolio and the power of our operational discipline. Even amid volatile external conditions, from unpredictable weather to geopolitical shifts, our teams executed with clarity, consistency, and purpose.

The quarter also marked a strategic milestone with the debut of ATHIVA Hotels & Resorts, Chalet’s own premium lifestyle brand anchored in joy, wellness, and sustainability. The transformation of the iconic The Dukes Retreat into ATHIVA Resort & Spa, Khandala sets the stage for a broader brand roll-out in the years ahead, strengthening Chalet’s position as an integrated and future-ready hospitality platform.

As I near the close of my tenure as MD & CEO, I am deeply proud of the leadership depth we have built. The seamless transition with Shwetank and the leadership team gives me full confidence in Chalet’s continued growth momentum and its enduring commitment to long-term value creation.”

With consistent growth, expanding assets, and a strong sustainability focus, Chalet Hotels continues to cement its place as a leading integrated hospitality company in India — shaping the future of modern, mindful, and experience-driven hospitality.

ALIVAA Hotels & Resorts has announced the strategic addition of The Hoften DiVi Hotel, Udaipur, to its fast-growing portfolio, marking another milestone in the company’s expansion across key cultural and leisure destinations in India.

Often celebrated as the “City of Lakes,” Udaipur continues to be a favourite among domestic and international travellers for its palaces, scenic beauty, and royal charm. With this new partnership, ALIVAA strengthens its presence in one of India’s most sought-after tourist hubs, aligning with its vision to build a strong presence in high-potential markets.

Operating under The Hoften brand, the new property reflects the group’s philosophy of smart design, modern comfort, and efficient service, perfectly suited for today’s connected traveller.

“We are absolutely thrilled to welcome The Hoften DiVi Hotel, Udaipur, into The Hoften family and the wider ALIVAA Hotels & Resorts collection,” said Akash Bhatia, CEO, ALIVAA Hotels & Resorts (Managed & Franchise Business). “This hotel perfectly embodies our brand ethos of delivering quality, efficient hospitality in premier locations. Its modern design, combined with our smart service model, will enhance the experience of every contemporary traveller visiting the beautiful City of Lakes. This addition also reflects the trust our partners place in our management platform and our growth vision across India.”

Adding to this, Inder Pal Batra, Co-Founder of ALIVAA Hotels & Resorts, highlighted the strategic importance of the expansion. “Udaipur is a vital cultural and leisure hub, and the addition of The Hoften is a strategic milestone in our journey. This acquisition underscores ALIVAA’s commitment to thoughtful growth and sets a high benchmark for our brand standards across India.”

Expressing his confidence in the partnership, Sanjeev Tyagi, Owner of DiVi Hotels, Udaipur, shared, “Partnering with ALIVAA Hotels & Resorts to operate The Hoften DiVi Hotel, Udaipur, was a clear choice. Their management expertise and focus on efficiency align perfectly with our vision for the property, ensuring guests enjoy exceptional value and memorable stays.”

With brands like ALIVAA, The Hoften, and XENIOUS, the hospitality group continues to build a diverse portfolio that blends innovation, quality, and guest delight across India’s evolving travel landscape

Rubystone Hospitality has announced its latest offering, Regal Wedding Experiences in Udaipur, a bespoke celebration concept that beautifully merges Rajasthan’s royal charm with the warmth of boutique hospitality. Designed to make destination weddings more personal, meaningful, and memorable, this new venture captures the soul of Udaipur’s timeless romance.

Nestled in the heart of the City of Lakes, Rubystone Udaipur presents couples with a dreamy setting of scenic lake views, heritage-inspired décor, and exceptional service. Every wedding here is envisioned as a one-of-a-kind story, whether it’s an intimate lakeside mandap, a terrace overlooking the Aravallis, or a vibrant mehendi brunch that flows into a moonlit reception. The focus is on personalisation, ensuring every detail reflects the couple’s unique journey through thoughtful décor, curated menus, and soulful ambience.

“Our vision has always been to create experiences that go beyond luxury, experiences that feel personal, emotional, and memorable. With Udaipur’s timeless beauty as our backdrop, we’re crafting weddings that celebrate love in its purest and most elegant form,” said Sandeep Singh, Founder of Rubystone Hospitality.

Behind the scenes, a talented team of planners, chefs, and designers work together to craft tailor-made wedding packages that balance traditional aesthetics with modern comforts. Each event also highlights local art, music, and cuisine, giving guests an authentic taste of Udaipur’s regal legacy.

Destination weddings have become the modern expression of romance, not just about grandeur, but about connection, intimacy, and creating lasting memories. With India continuing to rise as a global hub for such celebrations, Udaipur remains one of its most sought-after gems. Through this initiative, Rubystone Hospitality opens the doors to luxury weddings that are both elegant and value-driven, proving that a royal experience doesn’t always have to come with an extravagant price tag