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Chalet Hotels
3.6
based on 47 Reviews
Company Overview
Company Locations
Working at Chalet Hotels
Company Summary
Chalet Hotels is involved in owning and managing upscale hotels in Indian metro cities, focusing on premium hospitality experiences.
Overall Rating
3.6/5
based on 47 reviews
8% below
industry average
Critically rated for
Promotions, Work satisfaction, Salary
Work Policy
Monday to Friday
67% employees reported
Strict timing
53% employees reported
No travel
47% employees reported
Day shift
100% employees reported
View detailed work policy
Top Employees Benefits
Health insurance
5 employees reported
Cafeteria
4 employees reported
Job/Soft skill training
4 employees reported
Office cab/shuttle
3 employees reported
View all benefits
About Chalet Hotels
Founded in1986 (39 yrs old)
India Employee Count1k-5k
Global Employee Count1k-5k
India HeadquartersMumbai, Maharashtra, India
Office Locations
--
Websitechalethotels.com
Primary Industry
Other Industries
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Part of the K. Raheja Corp, Chalet Hotels Limited (CHL) is an owner, developer and asset manager of high-end hotels in key metro cities in India. The Company’s hotel platform comprises six operating hotels including a hotel with a co-located serviced residence, located in the key Indian cities of Mumbai, Hyderabad, Bengaluru and Pune representing 2,554 keys. All the hotels are branded with globally recognized brands, such as JW Marriott, Westin, Marriott, Marriott Executive Apartments, Renaissance, Four Points by Sheraton and Novotel, which are held by Marriott Group and the Accor Group.
The six hotel properties and a serviced residence which are managed by third parties are JW Marriott Hotel, Mumbai Sahar, Bengaluru Marriott Hotel Whitefield, The Westin Hyderabad Mindspace, Novotel Pune Nagar Road, Renaissance Mumbai Convention Centre Hotel and Marriott Executive Apartments
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Chalet Hotels Ratings
based on 47 reviews
Overall Rating
3.6/5
How AmbitionBox ratings work?
5
17
4
13
3
7
2
1
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9
Category Ratings
3.6
Skill development
3.5
Company culture
3.5
Job security
3.5
Work-life balance
3.3
Salary
3.3
Work satisfaction
3.1
Promotions
Chalet Hotels is rated 3.6 out of 5 stars on AmbitionBox, based on 47 company reviews.This rating reflects an average employee experience, indicating moderate satisfaction with the company’s work culture, benefits, and career growth opportunities. AmbitionBox gathers authentic employee reviews and ratings, making it a trusted platform for job seekers and employees in India.
Read more
Chalet Hotels Reviews
Top mentions in Chalet Hotels Reviews
Compare Chalet Hotels with Similar Companies
Change Company | Change Company | Change Company | ||
|---|---|---|---|---|
Overall Rating | 3.6/5 based on 47 reviews | 4.3/5 based on 331 reviews | 4.1/5 based on 1.3k reviews | 4.2/5 based on 2.1k reviews |
Highly Rated for | No highly rated category | Job security Company culture Skill development | Skill development Job security Company culture | Job security Skill development Company culture |
Critically Rated for | Promotions Salary Work satisfaction | No critically rated category | No critically rated category | No critically rated category |
Primary Work Policy | - | Work from office 85% employees reported | Work from office 90% employees reported | Work from office 76% employees reported |
Rating by Women Employees | 2.1 Poor rated by 6 women | 3.9 Good rated by 51 women | 3.9 Good rated by 251 women | 4.0 Good rated by 361 women |
Rating by Men Employees | 3.9 Good rated by 40 men | 4.4 Good rated by 253 men | 4.1 Good rated by 874 men | 4.2 Good rated by 1.5k men |
Job security | 3.5 Good | 4.5 Good | 4.0 Good | 4.3 Good |
View more
Chalet Hotels Salaries
Chalet Hotels salaries have received with an average score of 3.3 out of 5 by 47 employees.
Assistant General Manager
(4 salaries)
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₹16 L/yr - ₹36 L/yr
Finance Manager
(4 salaries)
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₹6 L/yr - ₹20.2 L/yr
Senior Project Manager
(4 salaries)
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₹13.7 L/yr - ₹17.5 L/yr
Planning Manager
(4 salaries)
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₹14.5 L/yr - ₹15.5 L/yr
MEP Manager
(4 salaries)
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₹17 L/yr - ₹19.8 L/yr
Head - Projects
(4 salaries)
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₹50 L/yr - ₹55 L/yr
Assistant General Manager Legal
(4 salaries)
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₹27.9 L/yr - ₹35.7 L/yr
Assistant Manager Procurement
(4 salaries)
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₹8 L/yr - ₹8.2 L/yr
Executive Accountant
(4 salaries)
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₹2.8 L/yr - ₹5.8 L/yr
Safety Manager
(4 salaries)
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₹8 L/yr - ₹15.7 L/yr
Chalet Hotels News
View all
Promoter pledge holdings in BSE-500 stocks decline to 0.84% in the December 2024: Kotak
- Promoter pledge holdings in BSE-500 stocks decline to 0.84% in the December 2024: Kotak
- Sun Pharma Advanced Research and UPL featured among companies with released pledged holdings to repay debts
- Nifty 50 constituents Apollo Hospitals, Asian Paints, IndusInd Bank, and JSW Steel had over 5% of pledged promoter holdings
- Highest pledged holdings in overall holdings found in Medplus Health Services, Chalet Hotels, and GMR Airports
HinduBusinessLine | 24 Feb, 2025
Luxury hotels record strongest growth in average room rate in December 2024 quarter
- Luxury hotels in India, including EIH Associated Hotels Limited, Indian Hotels Company, and Chalet Hotels, have recorded the strongest growth in average room rates (ARR) during the December 2024 quarter.
- EIH Associated Hotels Limited saw a 12.7% year-on-year increase in ARR, rising from ₹19,985 to ₹22,526 in Q3 FY25.
- Indian Hotels Company experienced an 11.3% increase in ARR, while Chalet Hotels witnessed a significant 17.9% increase.
- Factors like rising domestic travel, events, and banquet-related earnings have contributed to the uptick in demand for luxury hotels.
HinduBusinessLine | 21 Feb, 2025
'Buy' Chalet Hotels Says ICICI Securities, Hikes Target Price, Sees 45% Upside — Here's Why
- ICICI Securities retains 'Buy' rating on Chalet Hotels with a revised target price of Rs 1,017.
- Chalet Hotels completes the acquisition of The Westin Resort and Spa in Rishikesh.
- Expansion plans of Chalet Hotels, including the renovation and expansion of Dukes Retreat, Lonavala, remain on track.
- ICICI Securities expects a 45% upside in Chalet Hotels' stock price.
Bloomberg Quint | 20 Feb, 2025
Mankind Pharma Approves Sale Of Entire Stake In Wholly Owned Mahananda Spa And Resorts To Chalet Hotels
- Mankind Pharma has approved the sale of its entire stake in Mahananda Spa and Resorts.
- The sale is to Chalet Hotels for an enterprise value of Rs 530 crore.
- The proceeds will be used to retire part of Mankind Pharma's debts.
- The transaction is expected to be completed by February 28.
Bloomberg Quint | 10 Feb, 2025
Broker’s call: Chalet Hotels (Buy)
- Chalet Hotels reported in-line Q3 results, with a slight miss on profitability due to higher-than-expected depreciation and interest costs.
- Segmental financials for both hospitality and commercial lease rental segments were largely in line.
- Chalet Hotels showed a strategic diversification towards other key markets, with Mumbai Metropolitan Region (MMR) revenue contribution dropping from 63% to 56%.
- Despite a decline in occupancy, Chalet Hotels demonstrated strong pricing power with a 13% growth in average daily rate (ADR) in MMR.
HinduBusinessLine | 31 Jan, 2025
Stock Market Live: GIFT Nifty Near 23,100; Brigade Enterprises, Chalet Hotels, Tata Motors In Focus
- GIFT Nifty trading near 23,100 in early trade Thursday
- Brigade Enterprises, Chalet Hotels, Tata Motors may react to latest quarter results
- Nikkei 225 rebounds in Japan's markets in holiday thin trade
- US share indices decline after the Federal Open Market Committee's policy meet outcome
Bloomberg Quint | 30 Jan, 2025
Maha Kumbh Mela, Coldplay Concert To Drive Hotel Sector Growth In Final Quarter
- The Maha Kumbh Mela and Coldplay's concert tour are expected to boost hotel sector growth in the final quarter of fiscal 2024-2025.
- The Maha Kumbh Mela, held once every 12 years, is scheduled in Prayagraj from Jan. 13 to Feb. 26, 2025, and is expected to attract a massive influx of devotees from across the globe.
- The Coldplay concert tour, with pan-India participation, is anticipated to drive hotel demand.
- Elara Capital remains positive on hotel stocks and identifies Chalet Hotels, JUNIPER, and IH as their top picks in the space.
Bloomberg Quint | 3 Jan, 2025
Five Stocks To Buy Today: Tata Steel, Senco Gold, Shriram Finance, Chalet Hotels And EIH
- Analysts have 'buy' calls on shares of Senco Gold Ltd., Shriram Finance Ltd., EIH Ltd., Chalet Hotels Ltd. and Tata Steel Ltd.
- Senco Gold: Analyst recommends buying the stock at Rs 1,167 with a target price of Rs 1,309 and a stop loss at Rs 1,106. The stock has gained 56.77% in the past 12 months.
- Shriram Finance: Analyst suggests buying the stock at Rs 3,248 with a target price of Rs 3,597 and a stop loss of Rs 3,074. The stock has risen by 62.79% in the last 12 months.
- EIH: Analyst suggests buying the stock with a target price of Rs 460 and a stop loss at Rs 405. The stock has gained 75.43% in the last 12 months.
- Chalet Hotels: Analyst recommends purchasing the stock at Rs 1,017 with a target price range of Rs 1,070-1,090 and a stop loss at Rs 980. The stock has moved 58.26% in the past year.
- Tata Steel: Analyst advises buying the stock, targeting Rs 160 with a stop loss at Rs 147. The stock has shown a 14.75% change in the past 12 months.
Bloomberg Quint | 13 Dec, 2024
Is This Hotel Cycle Different? IHCL, Chalet Hotels And Lemon Tree Believe So
- Indian hoteliers, including Lemon Tree Hotels, Chalet Hotels, and Indian Hotels Company, believe that the hotel industry could experience a structural shift towards consistent growth.
- The optimistic outlook is driven by India's robust economic outlook, infrastructure development, and rising income levels.
- Leaders in the industry anticipate strong demand growth of 20-25% in the coming years, similar to China in its growth phase.
- While challenges such as regulatory hurdles and supply bottlenecks remain, the long-term outlook for the hotel industry is promising.
Bloomberg Quint | 12 Dec, 2024
Chalet Hotels Bets On Business And Leisure Travel To Drive Double-Digit Growth In H2
- Chalet Hotels expects double-digit growth in revenue per available room (RevPAR) for the second half of the year.
- In Q2, Chalet Hotels' RevPAR grew 10% YoY to Rs 775.6 crore.
- The company is confident of outperforming its FY24 H2 RevPAR significantly.
- Chalet Hotels anticipates strong performance in both business and leisure travel segments, supported by MICE and wedding businesses.
Bloomberg Quint | 10 Dec, 2024
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Chalet Hotels FAQs
When was Chalet Hotels founded?
Chalet Hotels was founded in 1986. The company has been operating for 39 years primarily in the Hospitality sector.
Where is the Chalet Hotels headquarters located?
Chalet Hotels is headquartered in Mumbai, Maharashtra.
How many employees does Chalet Hotels have in India?
Chalet Hotels currently has approximately 1,700+ employees in India.
Does Chalet Hotels have good work-life balance?
Chalet Hotels has a Work-Life Balance Rating of 3.5 out of 5 based on 40+ employee reviews on AmbitionBox. 64% employees rated Chalet Hotels 4 or above, while 36% employees rated it 3 or below on work-life balance. This indicates that the majority of employees feel a generally balanced work-life experience, with some opportunities for improvement based on the feedback. We encourage you to read Chalet Hotels reviews for more details
Is Chalet Hotels good for career growth?
Career growth at Chalet Hotels is rated as moderate, with a promotions and appraisal rating of 3.1. 36% employees rated Chalet Hotels 3 or below, while 64% employees rated it 4 or above on promotions/appraisal. This rating suggests that while some employees view growth opportunities favorably, there is scope for improvement based on employee feedback. We recommend reading Chalet Hotels reviews for more detailed insights.
What are the cons of working in Chalet Hotels?
Working at Chalet Hotels does have some drawbacks that potential employees should consider. The company is poorly rated for promotions / appraisal, work satisfaction and salary & benefits, based on 40+ employee reviews on AmbitionBox.
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