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Chalet’s next 1,000: acquisitions, new builds to fuel hotel chain’s aggressive expansion

Chalet Hotels Ltd is preparing to add another 1,000 rooms in India’s big cities over the next few years, including through acquisitions, seeking to expand its capacity by about one-third in the country’s heated hospitality sector.

The K Raheja Corp.-backed company, which owns big-ticket properties including JW Marriott Mumbai, Sahar and Westin Powai, will use internal accruals and target both new and existing projects in metros cities for the expansion, said managing director and chief executive Sanjay Sethi.

Source: Live Mint