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Chalet Hotels targets 5,500 keys by FY30, bets on hybrid model: CEO
Chalet Hotels Ltd aims to have around 5,500 hotel keys by FY30 as it expands beyond its traditional asset-ownership model, the hospitality player's MD and CEO Shwetank Singh said. The expansion marks a shift in Chalet's business model, with the company now pursuing a combination of third-party operated hotels, franchise properties and hotels under its own Athiva brand. The Athiva brand accounts for 1,200-1,300 keys of the pipeline. "So, the way we look at our business is that we have graduated …
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