Hotel operator Chalet Hotels, expects revenue per available room (RevPAR) to grow at over 10% in the next few years. MD and CEO Sanjay Sethi said, “We have seen that panning out over the last few quarters. Last quarter was significantly higher than that. We expect this quarter to perform very strongly, being the strongest […]
Sensex Today | Stock Market LIVE Updates: Nifty, Sensex set for a muted open; Tata Motors, Bajaj Finance in focus
Sensex Today | Stock Market LIVE Updates: Indian benchmark indices Nifty 50 and Sensex ended the previous trade session higher. Nifty 50 closed at 76,532.9, while Sensex ended at 76,532.96. Sensex Today | Stock Market LIVE Updates: Nifty 50 ended the previous trade session 3,114.25 points away from its record high of 26,277.35. Overnight, Wall […]
Chalet Hotels anticipates margin boost with Bengaluru expansion and The Dukes Retreat reopening – CNBC TV18
Sanjay Sethi, MD & CEO of Chalet Hotels, shared insights on CNBC-TV18 about the company’s Q2 performance. He mentioned that rates and Revenue Per Available Room (RevPAR) grew by about 10%, indicating steady occupancy levels compared to last year. While he refrained from discussing specific future numbers, Sethi suggested that the hotel industry could see […]