Chalet Hotels Limited (CHL), owner, developer, asset manager and operator of high-end hotels and resorts in India, marks its foray into Udaipur, Rajasthan, with the acquisition of ‘Seasons Hotels Private Limited’, the owning entity of the property – “Inder Residency Resort & Spa Udaipur”, for a total consideration of ₹171 crores
This acquisition reinforces CHL’s strategy of disciplined expansion in high-growth leisure markets, with a focus on asset enhancement, premium positioning, and long-term value creation. The property, spread across ~8.2 Acres, features 144 rooms, expansive lawns, and banqueting facilities, making it well-suited for weddings, MICE, and leisure travel. The property will be upgraded to an upper upscale/premium lifestyle destination and remain non-operative during this period. CHL will evaluate the possibility of expanding the property and adding additional rooms.
Speaking on the acquisition, Shwetank Singh, Managing Director & CEO, Chalet Hotels Limited, said, “We are delighted to announce our entry into Rajasthan with the acquisition of this resort in Udaipur, a market we have been keen to enter. This investment reflects our continued focus on expanding in high-growth leisure destinations with strong long-term potential. The property is well-located and offers significant headroom for value creation through refurbishment, repositioning, and expansion. As we enhance and reposition the resort, our focus will be on creating a high-quality, experience-led destination that delivers both strong guest appeal and long-term value.”
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