MoneyWorks4Me

Chalet Hotels acquires 100% stake in Lakeview Mercantile Company

08 Sep 2026 Evaluate

Chalet Hotels has completed execution of Share Purchase Agreement and acquisition of 100% of the Equity Share Capital of Lakeview Mercantile Company, being the owning entity of a land parcel at Bambolim in Goa with potential of a hotel development for around 170 room luxury resort. Consequently, the said entity has become a wholly-owned subsidiary of the company.

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


Peers
Company Name CMP
The Indian Hotels Co 717.75
ITC Hotels 153.75
Mahindra Holi.&Resor 196.75
EIH 286.55
Chalet Hotels 876.35
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