Chalet Hotels

Chalet Hotels Limited is an Indian hotel chain company founded in 1986 and part of K Raheja Corp. It owns, develops, and manages assets and a hotel-led mixed-use developer in metro cities in Mumbai, Hyderabad, Bengaluru, and Pune. It currently manages upscale hotels like JW Marriott Mumbai Sahar, Four Points by Sheraton Navi Mumbai, The Westin Hyderabad Mindspace, Bengaluru Marriott Hotel Whitefield, and The Westin Mumbai Powai Lake (Renaissance Hotel).

History
Chalet was publicly listed on the National Stock Exchange and Bombay Stock Exchange on 7 February 2019.

In 2020, the company signed a Share Purchase Agreement (SPA) for the purchase of the Pune-based Novotel Hotel and another affiliate entity for an aggregate enterprise value of ₹290 crore. It partnered with US-based Marriott Hotels for over 1,500 keys in the luxury and upper-upscale hotel segment in India.

In March 2023, the company acquired the 80-room resort The Dukes Retreat in Khandala, Maharashtra, for an enterprise value of ₹133 crore.

In June 2023, in total the company have 2,800 keys (owned and leased rooms). It launched its new all-women-operated hotel, The Westin Hyderabad HITEC City, in partnership with Marriott International. In 2023, Tata Power Renewable Energy Limited (TPREL) has strategically partnered with the company for a power delivery agreement (PDA) for a captive project for 6 MW AC. Under this arrangement, from the renewable sources plant will generate 13.75 million units of clean energy.