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CHALET HOTELS LTD.

21 February 2025 | 12:00

Industry >> Hotels, Resorts & Restaurants

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ISIN No INE427F01016 BSE Code / NSE Code 542399 / CHALET Book Value (Rs.) 128.85 Face Value 10.00
Bookclosure 11/08/2020 52Week High 1052 EPS 12.73 P/E 56.40
Market Cap. 15689.47 Cr. 52Week Low 634 P/BV / Div Yield (%) 5.57 / 0.00 Market Lot 1.00
Security Type Other

History of Company

The company history sections lists out major chronological events that happened to the company.
The Company's business, activities, services, technology, capacity build-up, market segments, the growth of the Company, the standing of the Company with reference to prominent competitors, major suppliers, environmental issues, regional geographical segment etc., see "the Business", "Industry Overview" and "Management's Discussion and Analysis of Financial Condition and Results of Operations",

Major events and milestones

2015 

- Commencement of operation of the hotel project "JW Marriott Mumbai Sahar" at Sahar, Mumbai

2013

- Commencement of operation of the hotel project "Bengaluru Marriott Hotel Whitefield" at Bengaluru

2010

- Commencement of operation of the hotel project "Fthe Points by Sheraton Navi Mumbai, Vashi" at Vashi, Navi Mumbai

2009 

- Commencement of operation of the hotel project "The Westin Hyderabad Mindspace" at Hyderabad

- Commencement of operation of the hotel project "Renaissance Mumbai Convention Centre Hotel" at Powai, Mumbai

2000 

- Commencement of operation of the project "Lakeside Chalet, Mumbai-Marriott Executive Apartments" at Mumbai

1999

- Commencement of operation of the hotel project "Renaissance" at Powai, Mumbai

Awards and Accreditation

2018 

- JW Marriott Mumbai Sahar was declared the `2018 Luxury Airport Hotel - India' at the World Luxury Hotel Awards

- JW Marriott Mumbai Sahar was awarded for `Outstanding World-Class Wine List' and `Offering the Best Wine Experience' by India Wine Awards 2018

- `Quality Brands India Excellence Awards' was awarded to Fthe Points By Sheraton for best mid segment hotel in Navi Mumbai by National Chamber of Commerce & Industry for 2018.

- `Gold People Choice Award' was awarded to The Bengaluru Marriott Whitefield by World on a Plate

- Alto Vino at The Bengaluru Marriott Whitefield was awarded the `Best European Restaurant' by Eazy Diner Foodie Awards'

- `Certificate of Honthe' awarded to the Company by IMP for 2018-2019

2017

- Awarded the `Most Preferred Business Hotel of the Year' to JW Marriott Mumbai Sahar by CMO Asia Awards, 2017

- Awarded the `Most Preferred Luxury Hotel of the Year' to JW Marriott Mumbai Sahar by CMO Asia Awards, 2017

2016 

- Awarded the `HISCA 2016 Best New Hotel of the Year' to JW Marriott Mumbai Sahar in recognition of an outstanding hotel development in the `Luxury / Upper Upscale Hotel Segment'

2019 -Chalet Hotels inks pact with Hyatt Group. -Chalet Hotels signs 5 new management deals with Marriott.

2020 -Acquisition of Novotel Pune Nagar Road. -Chalet Hotels acquired 100% of the Equity Shares and Zero Coupon, Fully Compulsorily Convertible Debentures of Belaire Hotels Private Limited (BHPL) and Seapearl Hotels Private Limited (SHPL).

2021 -Chalet Hotels attains `Great Place to Work' title for the 2nd consecutive year. -Chalet Hotels joins Climate Group's initiatives linked to renewable energy, electric mobility. -Chalet Hotels Ltd. amongst India's top 10 mid-sized Best Workplaces for Women 2021. -Maharashtra Government encourages the Hospitality Industry to Partner with the State's EV Policy Appreciates Chalet Hotels' Leadership in EV initiatives.

2022 -Chalet Hotels Limited wins contract to develop hotel at Delhi Airport T3. -Chalet hotels limited receives great place to work certification for the third time in a row- Outlook India. -Chalet Hotels ranks 4th on India's Great Mid-Sized Workplaces 2022. -Chalet Hotels Limited is recognized as One of India's Top 10 Best Workplaces for Women 2022.

2023 -Chalet Hotels Limited completed acquisition of 26% of the Equity Shares of TP Agastaya Limited. -Chalet Hotels Limited Launch of All-women Run Hotel, The Westin Hyderabad HITEC City. -CHL has completed the acquisition of The Dukes Retreat.

2024 -Chalet Hotels Limited Acquires Courtyard By Marriott Aravali Resort, NCR.