The growth will be driven by new room additions, among other things, the top executive mentioned.
“We have got quite a bit going actually on a base of 3,050 rooms. We have got 1,100 rooms under development, which in itself is a third more supply coming into our portfolio,” Sethi said.
“In addition to that, the business development team is extremely active, and we would like to add at least another 1,000 rooms to the pipeline going forward,” he added.
In the next two quarters, the hospitality firm aims to have around 5,000 rooms in total, the Chalet Hotels MD said.
“So to give an overview between operational and pipeline, I expect it to be around 5,000 rooms in the next couple of quarters,” he shared.
The company saw its…
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