On a year-to-date basis, the stock has risen by 0.66 per cent, while the three-month return stands at 24.81 per cent.

Chalet Hotels Limited witnessed a sharp rally in its share price on August 1, 2025, following the release of its robust Q1FY26 financial results. The stock surged nearly 19 per cent during early trade, touching an all-time high of Rs 1,082. This marked the company’s highest intraday gain in the past two months. By 10:57 am IST, the share price was trading at Rs 978.85, up 7.58 per cent.

The significant stock price movement was supported by Chalet Hotels’ strong operational performance in the June 2025 quarter. The company reported a 146 per cent year-on-year rise in total revenue to Rs 908.3 crore. Profit After Tax (PAT) jumped 235 per cent to Rs 203.1 crore, while EBITDA increased 150 per cent to Rs 371.1 crore.

Core business revenue (excluding residential operations) stood at Rs 470 crore, up 27 per cent year-on-year. Core EBITDA grew 37 per cent to Rs 210 crore, with margins expanding to 44.4 per cent. The company also achieved a 7 per cent increase in room inventory, driven by its expansion strategy. Chalet handed over 95 flats at its residential project in Koramangala, Bengaluru, further boosting revenue.

In the hospitality segment, despite a decline in occupancy from 70 per cent to 66 per cent, the Average Room Rate (ARR) increased by 17 per cent to Rs 12,207. Revenue from this segment rose by 18 per cent to Rs 385.6 crore, with EBITDA rising 20 per cent to Rs 160.8 crore. RevPAR stood at Rs 8,059, up 10 per cent.

The rental and annuity segment posted strong growth, with revenue rising 106 per cent to Rs 73.2 crore and EBITDA jumping 130 per cent to Rs 60.8 crore. EBITDA margins improved significantly to 83.1 per cent.

The residential segment reported revenue of Rs 439.1 crore and EBITDA of Rs 162.8 crore, resulting in an EBITDA margin of 37.1 per cent.

The company was also recognised as a Great Place To Work® in India for the sixth consecutive time. However, a one-time reversal of deferred tax assets worth Rs 202.17 crore in Q2FY25, due to changes introduced by the Finance (No. 2) Act, 2024, had previously impacted the company’s profitability.

Despite being a Mid-Cap hospitality stock, Chalet Hotels has demonstrated consistent Quarterly Results and may attract attention from investors looking for long-term compounding or potential multibagger opportunities in the travel and real estate segments.

On a year-to-date basis, the stock has risen by 0.66 per cent, while the three-month return stands at 24.81 per cent.

Disclaimer: The article is for informational purposes only and not investment advice.

Hong Kong only received HK$189 million (US$24.1 million) in the first quarter under a reintroduced hotel accommodation tax, authorities have revealed, prompting some tourism industry leaders to raise concerns about whether the government can meet its HK$1.1 billion annual income target.

Sector veterans also called for more government support measures, telling the Post that the tax figures reflected that hotels were struggling and had been forced to reduce their prices to attract tourists.

The 3 per cent tax, which applies to all patrons, was reintroduced on January 1.

The government announced the policy’s return last year and said the measure was expected to bring in HK$1.1 billion each year. The tax was previously waived in 2008.

But in a reply to the Post in June, the Inland Revenue Department said the government had garnered HK$189 million under the tax in the first quarter of this year, while payments for the second quarter were not yet due at the time of its reply.

“We aim to meet the government’s tax target, but we are concerned we might not be able to meet the target,” said Caspar Tsui Ying-wai, executive director of the Federation of Hong Kong Hotel Owners.

A dramatic scene unfolded at a hotel in Bhubaneswar‘s Infocity area when a woman employee allegedly went on a rampage, damaging property and attacking fellow staff members.

According to sources, the woman allegedly created a ruckus inside the hotel, assaulting people and breaking everything within her reach. From flower pots and computers to glass cupboards, she reportedly smashed several items using an iron rod. The incident has shocked hotel staff and guests alike.

The entire episode took place in a hotel under the jurisdiction of the Infocity police station. Following the incident, a case has been registered at the Infocity police station, and an investigation is currently underway.

While the motive behind the woman’s actions remains unclear, efforts are on to ascertain the full sequence of events. Police are examining CCTV footage and questioning witnesses to determine the cause of the outburst.

As per the allegation of the hotel manager, the woman employee was irregular in her duties and not maintaining workplace ethics. She was even accused of misbehaving with the customers. 

When she was served a notice to resign from the job, in a fit of rage, she went berserk and started damaging the hotel property. The woman employee even threatened to shut the hotel if she was terminated, the manager alleged. 

As of now, the woman’s statement has not been recorded, and her response to the incident is yet to be received.