Chalet Hotels Enters Udaipur with ₹171 Crore Resort Acquisition — Expands into Rajasthan’s Leisure Market

Chalet Hotels Limited (CHL) has marked its entry into Rajasthan with the acquisition of a resort asset in Udaipur, reinforcing its strategy to expand into high-growth leisure destinations across India.

Strategic Acquisition Marks Rajasthan Entry

The company has acquired Seasons Hotels Private Limited, the owning entity of Inder Residency Resort & Spa Udaipur, for a total consideration of ₹171 crore.

This transaction represents Chalet Hotels’ first investment in Rajasthan, positioning the company within one of India’s established leisure and wedding destinations. The acquisition aligns with its broader focus on destination-driven markets with long-term growth potential.

Property Overview and Redevelopment Plans

Spread across approximately 8.2 acres, the resort features 144 rooms along with expansive lawns and banqueting facilities. The asset is currently suited for leisure stays, destination weddings, and MICE activities.

Following the acquisition, the property will undergo a comprehensive refurbishment and repositioning. During this phase, the resort will remain non-operational, with the company also evaluating opportunities for expansion and the addition of new room inventory to enhance scale and positioning.

Focus on Experience-Led Positioning

The redevelopment strategy is expected to transform the property into a premium leisure destination, with a focus on upgraded guest experiences and enhanced infrastructure.

By integrating design upgrades with experiential programming, Chalet Hotels aims to strengthen the resort’s appeal across multiple demand segments, including leisure travellers, social events, and corporate retreats.

Leadership Perspective on Growth Strategy

Commenting on the acquisition, Shwetank Singh, Managing Director and CEO of Chalet Hotels Limited, highlighted that the entry into Udaipur reflects the company’s intent to expand in high-potential leisure markets. He noted that the property offers significant scope for value creation through refurbishment, repositioning, and potential expansion.

He further emphasised that the company’s focus will remain on developing a high-quality, experience-led destination that balances guest appeal with long-term asset performance.

Conclusion

The acquisition of Inder Residency Resort & Spa Udaipur underscores Chalet Hotels Limited’s shift towards strengthening its leisure portfolio through strategic investments. With plans to reposition the asset into a premium offering, the move signals growing confidence in Udaipur’s sustained demand across leisure, weddings, and events-driven travel segments.