EBITDA margins have improved significantly for Chalet Hotels: Sanjay Sethi

EBITDA margins have improved significantly for Chalet Hotels: Sanjay Sethi

“We have actually been able to report 46.4% EBITDA margin on a consolidated basis whereas the hospitality part of the business recorded 47.6% EBITDA margin which is extremely healthy by any benchmark,” says Sanjay Sethi, MD & CEO, Chalet Hotels.Congratulations a stellar quarter, was not expecting anything different as well. With strong growth having said … Read more

Stocks to buy today: 6 short-term trading ideas by experts for 11 August

Stocks to buy today: 6 short-term trading ideas by experts for 11 August

Indian market opened on a gap-up note on Thursday tracking positive global cues. The S&P BSE Sensex rose over 500 points while the Nifty50 reclaimed 17700 levels in the first 15 minutes of trade. Sectorally, buying was seen in IT, Realty, banks, and auto. Despite muted market conditions, Nifty50 held on to 17,500 on Wednesday … Read more

Premium luxury hotels need to be more customer focused than ever before: Rajneesh Malhotra, Chalet Hotels

luxury hotels

At Lakeside Chalet – Marriott Executive Apartments in Powai, Mumbai we have observed a rise in demand. With festive cheer all around, the green shoots of recovery seem to add its golden hue for India’s travel and hospitality segments. Earlier, Cleartrip had told The Financial Express Online that Indian travellers are ready to pay a … Read more