Chalet Hotels Achieves Nearly Double Revenue Growth in Q2 FY26 and Launches New Luxury Brand Athiva Hotels & Resorts

Robust Financial Growth Amid Expanding Hospitality Portfolio

Chalet Hotels has experienced a remarkable 94% year-over-year hike in total revenue for Q2 FY26, reaching INR 7.4 billion. This surge highlights the strong performance of its hospitality segment and portfolio expansion efforts. Alongside the revenue boost, the company’s Earnings Before Interest, Taxes, Depreciation, and Amortization (EBITDA) rose by 98%, standing at INR 3.1 billion for the quarter.

Core Business Strength Drives Growth

Focusing solely on the hospitality arm, excluding residential operations, Chalet Hotels saw revenues increase by 20% to INR 4.6 billion. EBITDA in this segment grew by 25%, reaching INR 2.0 billion, reflecting greater operational efficiency with EBITDA margins expanding by 1.4 percentage points to 43.4%. The company also expanded its room inventory by 10%, fueled both by acquisitions and the addition of new properties in key markets.

Introducing Athiva Hotels & Resorts: A New Chapter in Premium Hospitality

The company recently launched Athiva Hotels & Resorts, a premium lifestyle brand that embraces wellness, sustainability, and experiential travel. Its inaugural property, Athiva Resort & Spa in Khandala (previously The Dukes Retreat), sets the tone for Chalet Hotels’ ambitious expansion under a unified brand identity.

Focus on Sustainability and Guest Experience

Athiva Hotels & Resorts is positioned to attract discerning travelers seeking more than just a stay — it offers immersive experiences rooted in mindful wellness and environmental responsibility. This strategic move enhances Chalet’s already diverse portfolio, cementing its role as a future-ready integrated hospitality platform.

Dividend Declaration and Residential Growth

The Board declared the company’s first-ever interim dividend of INR 1 per equity share (face value INR 10), marking its dedication to rewarding shareholders. In parallel, Chalet has progressed in its residential business by handing over 55 flats to owners at its Koramangala project in Bengaluru during the quarter.

Development Projects on Track

• The Taj at Delhi Airport: Construction is advancing steadily with a target completion in the first half of FY27.
• Varca Beachfront Resort, Goa: Progressing as planned, aiming for completion in FY28.
• Cignus II, Powai: Development continues on schedule, with completion expected by FY27.

Industry Leadership and Commitment to Climate Goals

Chalet Hotels has also become the first hospitality brand to meet the Climate Group’s EV100 initiative, demonstrating its commitment to electric vehicle adoption and sustainability within the travel sector. These efforts not only reflect environmental responsibility but also align with the growing preferences of eco-conscious travelers.

Impact on Taxi and Transfer Services

With portfolio expansion, premium brand launches, and sustainable initiatives, Chalet Hotels is shaping a landscape that impacts ground transportation services. Increased room inventory and luxury properties typically call for refined taxi and transfer options catering to diverse traveler profiles—from private limousines and airport shuttles to eco-friendly ride services. Platforms like LocalsRide.com offer travelers the convenience of choosing exact vehicles with transparent fare options, ensuring seamless transfers to these premium destinations.

How Transfers Complement Hospitality Growth

• Expanded Demand: More hotels and resorts mean increased need for reliable intercity and airport transfers.
• Luxury Experience: Premium guests often expect high-end transportation, aligning with new lifestyle brands like Athiva.
• Transparency & Choice: Travelers prefer services where they can book rides with full details on vehicle type and driver ratings, such as offered by specialized platforms.

Understanding the Financials behind Hospitality Expansion

Financial indicators like revenue growth, EBITDA improvements, and expanding margins demonstrate operational health in hospitality. These metrics are vital signals for related sectors, including taxi and transfer services, which rely on steady guest flows and tourism activity. The dividend payout further indicates confidence in sustained performance—a positive sign for ancillary industries.

Table: Financial Performance Highlights

Why Personal Experience Trumps All

While financials and press releases paint a promising picture for Chalet Hotels and its innovative Athiva brand, nothing beats experiencing these properties firsthand. Similarly, while online reviews and travel feedback offer valuable insights, personal encounters remain the ultimate test of quality and service. Travelers using platforms such as LocalsRide can, however, enhance their journey by booking cars and drivers from verified providers offering competitive prices and a range of vehicle options—helping maintain service expectations and budget considerations.

LocalsRide.com’s transparency and convenience empower users to select the best rides, whether a private sedan, a seven-seater, or a limousine, tailored to airport transfers, city tours, or specific destinations. This integration of reliable transfer services complements the expanding hospitality sector and furthers seamless travel experiences. Book your Ride LocalsRide.com

Looking Ahead: Hospitality Growth and Transfer Service Synergies

Though Chalet Hotels’ strong quarterly results and launch of a luxury brand might not instantly transform the global travel market, they signal positive trends in the hospitality industry. This matters greatly to travelers and service providers alike, since evolving guest expectations demand flexible, transparent transportation options linked to premium stays. LocalsRide remains committed to keeping pace with such developments, ensuring users can access comprehensive transfer services worldwide.

Start planning your next adventure and secure your worldwide transfer with LocalsRide, combining convenience, choice, and reliable pricing for every journey.

Summary

Chalet Hotels’ impressive 94% revenue growth in Q2 FY26 underscores a robust hospitality sector propelled by portfolio expansion and operational improvements. The launch of Athiva Hotels & Resorts introduces an elevated offering centered on wellness and sustainability, promoting experiential travel. The company’s dividend declaration and steady progress on residential and resort projects further affirm financial strength. Expanding venues and premium lifestyle brands will naturally heighten demand for refined taxi and airport transfer services, where transparent platforms like LocalsRide.com provide travelers with tailored options, clear pricing, and reliable drivers. Together, these developments paint a promising picture for both hospitality and ground transport sectors, weaving convenience and luxury into the traveler’s entire journey. Whether booking a cab or limousine to a city hotel or arranging a seater for an airport transfer, an informed choice from verified providers ensures an experience that matches expectations of price, quality, and timeliness.