Chalet Hotels Posts Nearly Double Q2 Revenue and Launches Upscale Athiva Hotels & Resorts Brand

Robust Growth and New Ventures in Hospitality

Chalet Hotels has achieved a remarkable 94% year-on-year increase in total revenue for the second quarter of fiscal 2026, reaching INR 7.4 billion. This surge is attributed to its strong hospitality outcomes and expansion of its property portfolio. In the same period, the company introduced a premium lifestyle brand, Athiva Hotels & Resorts, signaling its strategic push into upscale market segments.

Financial Highlights – Q2 FY26 Performance

Chalet Hotels reported a total EBITDA of INR 3.1 billion, up by 98% compared to the previous year’s second quarter. Core hospitality revenue, excluding residential operations, climbed 20% to INR 4.6 billion, with EBITDA increasing 25% to INR 2.0 billion. The EBITDA margin improved by 1.4 percentage points, hitting an impressive 43.4%. Portfolio growth was supported by a 10% increase in room inventory, boosted by acquisitions and property additions across key locations.

Ключові фінансові показники

Athiva Hotels & Resorts: A New Chapter in Premium Hospitality

The unveiling of the Athiva brand represents Chalet Hotels’ ambition to enter the premium lifestyle segment, emphasizing wellness, sustainability, and unique travel experiences. Its inaugural property, Athiva Resort & Spa in Khandala (formerly The Dukes Retreat), lays the foundation for a wider expansion under a cohesive brand framework. This launch aligns well with evolving traveler preferences, where comfort and experiential offerings increase demand for elevated accommodation options.

Shareholder Value and Environmental Leadership

Adding to its positive financial news, Chalet Hotels declared its very first interim dividend of INR 1 per equity share, reflecting a balanced approach to rewarding shareholders amid growth. Additionally, the company distinguished itself as the first hospitality brand to meet the Climate Group’s EV100 initiative, committing to transitioning its fleet to electric vehicles. This move underscores a growing trend towards greener operations in travel and accommodation sectors.

Development Pipeline – Properties in Progress

• The Taj at Delhi Airport: Construction is progressing steadily, with completion targeted for the first half of fiscal 2027.
• Varca Beachfront Resort, Goa: On track for delivery in fiscal 2028, promising a fresh beachfront experience.
• Cignus II, Powai: Development continues as planned, with expectations to open in fiscal 2027.

Residential Real Estate and Operational Expansion

Chalet Hotels also made progress in its residential segment by handing over 55 flats in its Koramangala, Bengaluru project. This diversification reflects the company’s integrated approach combining hospitality with real estate development, offering both accommodation and investment opportunities within established urban locations.

Management Outlook

The CEO expressed confidence in the company’s growth. The solid Q2 results illustrate operational discipline and portfolio diversification resilience even amid challenging market conditions. The launch of Athiva Hotels & Resorts is seen as a milestone, reinforcing Chalet’s integrated platform geared for long-term value creation. Leadership strength and clear strategic vision are expected to sustain momentum moving forward.

Вплив на туристичні та трансферні послуги

Such dynamic growth in hospitality often creates ripple effects for associated transport and transfer services, especially for travelers seeking dependable and comfortable rides between airports and hotels or resorts. Platforms like GetTransfer.com enhance the travel experience by providing users the ability to select exact vehicles, get clear fare prices, and review driver and vehicle details before booking. This level of transparency and personalization meets the expectations of quality-conscious travelers attracted by premium brands such as Athiva.

Table: How Chalet Hotels’ Growth Benefits Taxi and Transfer Services

Personal Insights and Travel Convenience

While official reviews and financial reports provide crucial insights into hospitality trends, nothing quite beats personal experience to understand the value of a hotel or resort. On platforms like GetTransfer.com, travelers can hire cars with drivers from verified providers, ensuring reliability and avoiding potential disappointments. The combination of affordability, a wide range of vehicle choices, and transparent pricing makes planning airport transfers or resort rides straightforward and stress-free.

This system lets users pick vehicles tailored to their needs—whether a compact car for a solo journey or a spacious limousine for family or group travel—with confidence in quality and service consistency. The interface’s clarity about prices and driver credentials removes guesswork found in traditional booking methods, fitting perfectly with the demands of discerning travelers aiming to maximize comfort and cost-effectiveness.

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Conclusion: Growth, Experience, and Seamless Travel

Chalet Hotels’ impressive revenue growth and strategic introduction of the Athiva Hotels & Resorts brand highlight a promising phase in hospitality, with a strong focus on wellness, premium experience, and sustainability. Meanwhile, the ripple effect extends into related sectors like taxi and transfer services, essential components for seamless traveler journeys.

Booking platforms like GetTransfer.com perfectly complement this evolving landscape by offering travelers the ability to pre-select vehicles, compare fare prices, and check driver ratings, all ensuring a transparent and personalized travel experience. Whether heading to an airport, city center, or a luxury resort, the platform’s convenience, affordability, and varied fleet options empower users to get the most from their trips.

Looking ahead, while this news might not drastically reshape global travel patterns immediately, it remains a key indication of how hospitality brands evolve to meet changing traveler desires. GetTransfer stands ready to keep pace with these developments, delivering reliable and detailed transfer options worldwide. Start planning your next adventure and secure your worldwide transfer with GetTransfer.