Chalet Hotels Limited CC-Dec23.pdf · 2024-01-25
So, my first question to the management is, so in the absence of meaningful recovery in the FTA as compared to pre-COVID levels, how confident are you to say a double-digit growth in the room rate for the next couple of years? And what according to you will trigger the faster recovery in FTA growth which would also think of contributing the room rate growth in addition to double-digit which you have been talking of?
My second question was on the Novotel Pune front. With the addition of 82 rooms, what sort of ARRs are we looking at inventory because I believe there are more premium rooms and what occupancy is likely to be once you ramp up?