Chalet Hotels Acquires Seasons Hotels in Udaipur for $18.1 Million
Chalet Hotels has finalized the acquisition of Seasons Hotels in Udaipur for $18.1 million, expanding its presence in India's leisure tourism sector. The acquisition includes the Inder Residency Resort & Spa, which will be upgraded to a premium lifestyle destination. The move aligns with Chalet Hotels' strategy to enhance assets and generate long-term value in high-growth leisure markets.
Topics: acquisition expansion hotel industry India real estate