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Chalet Hotels gets nod to acquire Seasons Hotels

24 Apr 2026 Evaluate

Chalet Hotels has secured approval for the acquisition of Seasons Hotels for a consideration of Rs 171 crore. Seasons Hotels owns a 144-room hotel - Inder Residency Resort & Spa, Udaipur in the state of Rajasthan. The hotel also has around 3 acres of lawn area, a large banqueting space, 2 restaurants, and a bar. The Board of Directors of the company in its meeting held on April 24, 2026 has approved the same. 

The acquisition is in line with the company’s expansion strategy to diversify the portfolio to include leisure properties spanning different geographies. The acquisition is expected to be completed by May 15, 2026 or such date as may be mutually agreed upon.

Chalet Hotels (CHL), is an owner, developer and asset manager of high-end hotels in key metro cities in India.

Chalet Hotels Share Price

799.95 11.30 (1.43%)
24-Apr-2026 16:59 View Price Chart
Peers
Company Name CMP
Indian Hotel 635.65
ITC Hotels 158.35
EIH 326.75
Chalet Hotels 799.95
Mahindra Holi.&Resor 258.35
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