Chalet Hotels Launches ‘Athiva’ Brand | Shwetank Singh On Growth, Expansion, Funding & Outlook

In an exclusive conversation with Business Today TV’s Aabha Bakaya, Shwetank Singh, Executive Director, Chalet Hotels spoke about the newly launched hospitality brand — 'ATHIVA'. He spoke about Chalet’s evolution from an asset-owning company to a full-fledged hotel operator, marking a major milestone in its growth journey. He explained that the new brand will initially be used for the company’s own properties, with 900 keys under development and a planned CapEx of around ₹1,500 crore. He also shared insights on how the expansion will be funded, the company’s focus on both leisure and business travel segments, and why he believes India’s hospitality sector still has strong growth potential over the next few years.