Chalet Hotels Launches Athiva Brand in Hyderabad, Pune

Chalet Hotels expands its ATHIVA brand with two new business hotels in Hyderabad and Pune, adding 381 rooms through long-term lease partnerships and strengthening its presence in India’s key commercial hubs.

Chalet Hotels Limited has made known that it will be expanding its own brand of hotels, which is called ATHIVA, with two more hotels that are business hotels located in Hyderabad and Pune. With the addition of these two hotels, there will be a total of 381 more hotel rooms added to their inventory.

This expansion involves the opening of 150 rooms in the city of Hyderabad and 231 rooms in the city of Pune. Both projects will be developed through long-term leases of special purpose vehicles of Mindspace Business Parks REIT. In the agreement, the hotel in Hyderabad will consist of the renovation of an existing building for use as a modern hotel, while the hotel in Pune will be built using a grey shell development process by Mindspace REIT with the interior and operational development undertaken by Chalet Hotels. Through this arrangement, Chalet is able to maximize capital investment during the later stage of the development process.

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This strategy is consistent with Chalet Hotels’ approach of integrating hotel-related facilities in big business parks in order to benefit from captive demand arising out of corporations. Through positioning its hotels near commercial centers, Chalet Hotels plans to cater to business travelers, Global Capability Centers (GCCs), conferences, corporate delegations, and other long-stay travelers.

The Hyderabad hotel marks the fourth hotel for Chalet Hotels in the city, demonstrating its faith in further growth of the market, thanks to developing infrastructure and the presence of numerous multinational companies and GCCs in the area. On the other hand, the Pune hotel will serve to build up the company’s presence in another fast-growing business hub, with increasing demand for luxury business hotels. The Hyderabad hotel is expected to open in FY2029, whereas the Pune hotel in FY2031.

As a result of the inclusion of these projects, Chalet Hotels will have close to 5,500 rooms in its pipeline. This shows the aggressive expansion strategy of Chalet Hotels. The growth of the hotel chain will be instrumental for the further development of the ATHIVA brand, which is an in-house brand of Chalet Hotels alongside their international hotels. The company is increasingly using a hybrid model of operations that involves both hospitality partnerships and self-operated branded hotels.

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Given the continued need for high-end business hotels in major commercial cities of India, Chalet Hotels sees the expansion of ATHIVA to help bolster their brand and aid their future growth plans. The new ventures clearly highlight the company’s dedication to providing quality hospitality services while tapping into the growing segments of corporate and business tourism in India.