Chalet Hotels Plans ₹3,500 Crore CapEx Over Three Years For 2,036 New Rooms And Office Space

Chalet Hotels has outlined a capital expenditure plan of around ₹3,500 crore over the next three years to support its expansion plans. The investment will fund approximately 2,036 rooms across upcoming projects, along with 9 lakh to 10 lakh square feet of office space. The company says most projects are progressing broadly on schedule, with construction already underway at key developments, including the Ritz-Carlton in Hyderabad and Hyatt Regency in Airoli. Shwetank Singh, MD & CEO, Chalet Hotels, discusses the investment roadmap, project timelines and execution progress. The Goa project remains a challenge but is expected to be completed by the first quarter of next year.