Chalet Hotels

Chalet Hotels up 6%, hits 52-week high in a weak market on ratings upgrade

The Positive Outlook reflects a consistent recovery in CHL's business operations since 2QFY22, with 1QFY23 revenue and EBITDA exceeding the pre-COVID-19 levels.

Hospitality sector in sweet spot but revenue boost eludes five key players

Lower costs, improving occupancies as well as room rents augur well

Here's why Vinay Rajani suggests buying Chalet Hotels, UTI AMC

According to technical analyst from HDFC Securities, Chalet Hotels is trying to find support at 50 days EMA, whereas, UTI AMC has formed a bullish 'hammer' candlestick pattern on the chart.

Chalet Hotels consolidated net loss narrows to Rs 11.45 crore in Q4

The company had posted a consolidated net loss of Rs 5.98 crore in the same quarter of the preceding fiscal

Hotel stocks gain on hopes of demand rebound; Chalet Hotels surges 20%

Analysts anticipate a faster recovery in the demand environment and are hopeful that consumption will reach normalised pre-Covid levels in H1FY23

Business hotels start seeing signs of recovery after protracted lull

Pent-up demand in MICE segment as firms start hosting physical events again, and easing of curbs on international travel will also help in getting closer to pre-Covid revenue levels, says industry

Hotel stocks on a roll; Indian Hotels, Chalet, EIH surge over 10%

Easing of travel related restrictions, coupled with pent-up vacation demand, seems to the driving force behind a sharp surge in hotel shares

Mumbai's Chalet hotels scouting for distressed assets as Covid curbs ease

'We've had a rough five quarters now since March of 2020,' says company's CEO Sanjay Sethi.

Hotels limp back to normalcy as business travel remains depressed

Recovery still far away; blended average occupancy up 28-30% in current quarter from 18-25% in three months to September

Hospitality firms look at one-time debt restructuring as moratorium ends

On account of being highly leveraged, 15 per cent of the total 160,000 rooms are at a risk of being shuttered forever according to hotel industry estimates

Unlock 4: Maharashtra allows hotels and lodges to operate at 100% capacity

Even as the hotel association welcomed the move, it said the notification is silent on restaurants and will help if there is further clarity

Sensex slips 557 pts from day's high, ends 83 pts up; pharma, PSBs decline

All that happened in the markets today

From Sanjay Sethi to Ameera Shah, meet new entrants in BS1000 club

The latest members of the BS1000 club have bet on capital expenditure, acquisitions and partnerships for growth

Coronavirus outbreak: Hotel stocks likely to see earnings downgrades

Hotel stocks are under pressure because the coronavirus outbreak could impact occupancies and, thus, drive down room tariffs

Chalet Hotels hits record high on inking 5 new contracts with Marriott Int

Last week, Chalet Hotels had entered into a Franchise Agreement and other related agreements with Hyatt India Consultancy and its affiliates for the brand 'Hyatt Regency'

Chalet Hotels jumps 5% on signing franchise agreement with Hyatt Group

Chalet Hotels had made its debut on the stock exchanges earlier this year. The initial public offering (IPO) of the company was subscribed 1.57 times

Hotel stocks: Good room for gains as demand-supply scene turns favourable

Strong occupancy rates and muted increase in new rooms to keep the demand-supply scenario favourable for the next 5 years; top listed players to benefit more

Sidestepping growth slowdown: Upscale business hotels see surge in bookings

However, according to industry estimates, there is a shortage of close to 100,000 rooms across different categories

Chalet Hotels may buy out Accor's Novotel in Pune for Rs 290 crore

Deal will be the first acquisition by the K Raheja Group company

Chalet Hotels scouts for distressed assets in hospitality sector

Chalet is also developing two office towers in Mumbai and Bengaluru