Stockrabit · Analysts
Questions across 2 calls

Saurabh Jain

HDFC Life Insurance

Chalet Hotels Limited

Chalet Hotels Limited CC-Mar24.pdf · 2024-05-14
So a couple of questions from my side. First is on this Aravali resort. You mentioned that we are also looking at expanding the inventory there, but with the sizable inventory of what 150 - odd rooms and occupancy that they did last year was about 40%, would n't be prudent to ramp up the occupancy cost and then look for expansion? And generally we see that the resort properties are in this range of 150 to 200 inventory? So what makes you confident that adding an inventory here will lead to more occupancy and more revenue?
Okay. That's helpful. Secondly, I just need to understand this slide on real estate development at Bangalore a little better. So when you say the receivables of about INR3-odd billion, so this is against the sale of INR5.7 lakh square feet or what is it against?