 "Sanjay Sethi")
Mumbai-based Chalet Hotels Ltd., which owns, develops and manages high-end hotels in larger Indian cities, is scouting for distressed hospitality assets as the declining rate of Covid-19 infections enables some parts of the country to ease movement curbs.
“We certainly want to expand into the leisure side of the business. We don’t have a leisure asset,” Sanjay Sethi, Chalet Hotels’s chief executive officer said in a Bloomberg Television interview Tuesday. “Goa could potentially be a target market for us. Maybe something in Delhi and a couple of cities where we’re not present in right now.”
The hotel chain currently
