Chalet Hotels eyes Jaipur, Jodhpur and Hyderabad as future growth clusters

“The underlying demand supply story is strong; demand is growing faster than supply. We have maintained strong pricing-led growth, supporting healthy RevPAR (revenue per available room) growth in key markets. Our commercial real estate portfolio also maintained strong momentum and rental income continued to grow steadily throughout the year. We are supported by a solid portfolio and are well positioned to capitalize on the long-term demand opportunity,” he said.