Chalet Hotels Share Price Jumps 4% as New Luxury Brand ‘Athiva’ Boosts Investor Confidence

On December 3, 2025, Chalet Hotels’ share price (NSE: CHALET) rose by 4.45%, hitting a high of ₹918 even as the broader market was weak. Around 10:50 AM, the stock was trading 3.07% higher at ₹906.75, while the Sensex was down 0.43%.

Key Reason for Today’s Rally

Launch of New Premium Brand: Athiva

Chalet Hotels announced the launch of Athiva Hotels & Resorts, its new premium hospitality brand. The Athiva portfolio includes 6 hotels with more than 900 rooms, featuring:

• Athiva Navi Mumbai
• Athiva Resort & Spa, Aksa Beach (Mumbai)
• Athiva resorts in Varca and Bambolim (Goa)
• Athiva Resort & Convention Centre, Thiruvananthapuram

This move signals an aggressive push into high-end resorts and convention spaces, lifting investor sentiment.

Chalet Hotels Q2FY26 Performance Supports Rally

Revenue and Profit Surge

Chalet Hotels posted excellent Q2FY26 results:

• Revenue: ₹740 crore (up 94% YoY)
• EBITDA: ₹310 crore (nearly doubled YoY)

Hospitality Business Highlights

• Revenue: ₹460 crore (up 20% YoY)
• EBITDA: ₹200 crore (up 25% YoY)
• Margins: Improved to 43.4%

Dividend and Expansion

• Declared its first interim dividend of ₹1 per share
• Inventory grew 10% YoY due to acquisitions and new builds
• Became the first hospitality brand to meet Climate Group’s EV100 target
• Delivered 55 residential flats in Bengaluru as part of its real estate pipeline

Management Commentary

CEO Sanjay Sethi said the company delivered a strong and steady performance, showing resilience despite challenges like unpredictable weather and global uncertainties.

Read More: Sterling and Wilson Renewable Energy Share Price Rises as Reliance-Linked Indemnity Update Offers Clarity.

About Chalet Hotels

Chalet Hotels, part of K Raheja Corp, owns, develops, and operates luxury hotels and resorts across India.
Its portfolio includes:

• 11 hotels and resorts with 3,359 keys, managed by JW Marriott, The Westin, Novotel, and others
• 1,200+ rooms under development
• A growing commercial real-estate footprint expanding from 2.4 mn sq. ft. to 3.3 mn sq. ft.

The company follows a dual strategy of hospitality + commercial real estate, creating an integrated platform.

Conclusion

Chalet Hotels’ share price rose sharply thanks to the launch of its new premium brand Athiva and strong Q2 financial performance. 

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