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Chalet Hotels Limited (CHL), part of K Raheja Corp, is an owner, developer, asset manager and operator of high-end hotels and resorts in India, comprising of 11 operating hotels & resorts with 3,389 keys across globally recognized hospitality brands including JW Marriott, The Westin and Novotel, to name a few. Additionally, the company has ~1,200 rooms under development. Chalet is augmenting its commercial real estate portfolio from the current size 2.4 million square feet to 3.3 million square feet. Chalet Hotels’ enhanced sustainability performance is reflected in the latest Dow Jones Sustainability Index with an overall score of 57 (CSA Score Date: 16/02/2024). It is also the first hospitality company across the globe to commit to the three key Climate Group initiatives - RE100, EP100 and EV100.
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Chalet Hotels Limited is a renowned hotel real estate investment company based in Mumbai, with a strong presence across India. As an owner, developer, asset manager, and operator of high-end hotels, Chalet Hotels offers exceptional hotel investment opportunities in key metro cities like Mumbai Metropolitan Region, Hyderabad, Bengaluru, and Pune. With a focus on driving business efficiencies and sustainable growth, Chalet Hotels maximizes returns throughout the entire lifecycle of its assets.
The company's impressive portfolio consists of nine fully operational hotels, including renowned brands such as JW Marriott, The Westin, Four Points by Sheraton, and Novotel. Additionally, they offer commercial spaces in close proximity to their hospitality assets. What sets Chalet Hotels apart is their strategic location selection, efficient property design and development, and partnerships with leading international hospitality chains like Marriott and Accor.
They also prioritize active asset management and closely monitor operational and financial excellence. Emphasizing their commitment to sustainability, Chalet Hotels integrates environmental, social, and governance (ESG) aspects across their value chain. They actively engage in initiatives that protect the environment, uplift communities, and demonstrate responsible business conduct.
Backed by the expertise of the K Raheja Corp group, Chalet Hotels benefits from a deep understanding of infrastructure developments, seamless land acquisitions, and the advantages of scale. Their strong and independent board, chaired by Mr. Hetal Gandhi, further supports their vision and ethos.
Led by Managing Director & CEO, Mr. Sanjay Sethi, with over three decades of experience in the hospitality industry, Chalet Hotels boasts a meticulously curated portfolio, exceptional global partnerships, top-notch asset management capabilities, and outstanding synergies within the group. With these strengths, Chalet Hotels is poised for exponential growth in the future
Brand industry
Travel and Tourism
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