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Chalet Hotels puts plans on hold due to Coronavirus pandemic

Tuesday, 09 Jun 2020

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Chalet Hotels has put plans for certain project on hold due to the current Coronavirus pandemic.

These involve--renovations for Renaissance Mumbai Convention Center Hotel, which will be limited to 44 rooms and public areas, while the Brand Change for the same has been postponed to 2021. Completion of 88 rooms and Spa at Novotel Pune, Nagar Road, also has been deferred to 2021.

The company will recommence three ongoing projects -- two office buildings and hotel at Hyderabad in Telangana after reviewing cash flow and demand situation in Q2/FY20.

The proposed projects involving Hyatt Regency at Airoli and ‘W’ at Powai, Mumbai, Maharashtra have been deferred.