Chalet Hotels, the leading hotel operator in India, announced an estimated investment of 300 INR-Crore in developing a luxury hotel at Terminal 3 of the Indira Gandhi International Airport (IGI) in New Delhi. The hotel will be built on a warm shell lease arrangement between Chalet Hotels and Delhi International Airport.
The proposed hotel will be developed over a construction area of approximately 3,00,000 SqFt and will have 390 keys. It is scheduled to be open by the end of FY26. Chalet Hotels has signed a franchise agreement with IHCL (Indian Hotels Company Ltd) under which IHCL will provide their Taj brand to the hotel along with their loyalty program, access to the sales network, and distribution support. Meanwhile, Chalet will handle the day-to-day operations of the hotel.
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Currently, Chalet is developing about 900 rooms and revamping The Dukes Retreat in Khandala with an estimated investment of about 100 INR-Crores. Earlier this year, the firm purchased the 7.5-acre resort with 80 rooms for 133 INR-Crore.
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