Chalet Hotels is one of the preferred picks of Elara Capital in the hotel and hospitality space.
The structural outlook remains favourable, analysts said. Mumbai contributes nearly 15 per cent to India's hotel room revenue and disproportionately dominates the luxury segment.
Around 10:50 AM, Chalet Hotels share price was trading 3.07 per cent higher at ₹906.75 per share. In comparison, BSE Sensex was trading 0.43 per cent lower at 84,773.55 levels.
Business travel, MICE, and wedding season expected to drive Chalet Hotels' occupancy and RevPAR growth in H2 FY26
Chalet Hotels reported a strong turnaround in Q2FY26 with a ₹154.84 crore profit and nearly 95% revenue growth, announcing its maiden interim dividend and debuting the ATHIVA brand.
The industry witnessed 18-20 per cent growth in the first half of Fy26 and is expected to clock mid to high teens growth in the second half as well
The premium lifestyle brand ATHIVA will start with six hotels and 900 keys, as Chalet Hotels aims to double capacity and expand into Goa and Thiruvananthapuram
Technical charts suggest that share price of ITC Hotels, Indian Hotels, Taj GVK, Lemon Tree and Chalet Hotels could see up to 20 per cent upside from here.
The company's overall income for the quarter ended June 30, 2025, stood at ₹908 crore, as compared to ₹369 crore reported in the corresponding period of the previous fiscal year.
Singh will take over from Sanjay Sethi. The board of directors, in a meeting on Thursday, approved the appointment of Singh as the MD and CEO
Sanjay Sethi says that bulk of the company's growth will come from its existing pipeline taking the total keys to over 5,000 on the back of the domestic hospitality boom till 2030
Technical outlook on hotel stocks: Taj GVK, Juniper Hotels look good on charts, while EIH could face some downward pressure.
New hotel properties and stronger office leasing expected to drive margin growth for Chalet Hotels in FY26 despite geopolitical headwinds and seasonal weakness
Chalet Hotels' consolidated profit after tax (PAT) zoomed 50 per cent year-on-year (Y-o-Y) to ₹123.9 crore in the March quarter of financial year 2025 (Q4FY25), from ₹82.4 crore in Q4FY24
The hospitality firm posts 50.2 per cent rise in Q4 profit; acquires 15-acre beachfront land in North Goa to develop a 170-room luxury resort as part of expansion
The company will acquire a 100 per cent stake in Mahananda Spa and Resorts, a wholly owned subsidiary of Mankind Pharma Limited
The rally in Chalet Hotels share price came after domestic brokerage Axis Securities initiated coverage with 'Buy' on Chalet Hotels, for a target price of Rs 1,191 per share, as per reports
Indian Hotels stock update: Share price declined 5% day after company reported 29% growth in net profit.
Analysts at Emkay Global see the strength in hospitality industry sustaining in March (Q4)/June (Q1) quarter, based on their channel checks, with year-on-year (YoY) improvement in average room rates.
The resort, which came up in July 2022, reported an average daily rate of Rs 13,500 till December 2023 with an occupancy rate of 44 per cent, the company added