Archive · 31 Jul 2025
Chalet Hotels Announces Shwetank Singh as New CEO
Imagine a big hotel company, Chalet Hotels, is getting a new boss!
Right now, the CEO is Sanjay Sethi, but in 2026, Shwetank Singh will take over.
This change has been planned to keep the company going strong.
The company also made a lot of money recently!
They earned much more profit than last year.
They have hotels like JW Marriott and The Westin.
They also have more rooms being built.
This is great news for the company!
Shwetank Singh to become MD & CEO of Chalet Hotels on February 1, 2026.
Sanjay Sethi will be succeeded by Singh, ending his term on January 31, 2026.
Chalet Hotels reported a substantial increase in net profit and total income.
Revenue from the Koramangala residential project contributed significantly to income.
The company operates 11 hotels and resorts with around 1,200 rooms under development.
- Who
- Shwetank Singh will succeed Sanjay Sethi as MD & CEO.
- What
- Shwetank Singh will become the next MD & CEO of Chalet Hotels.
- When
- Effective February 1, 2026.
- Where
- Mumbai, India.
- Why
- The leadership change is part of a succession plan to maintain the company's strategic direction.
- New MD & CEO
- Shwetank Singh
- Effective Date
- February 1, 2026
- Predecessor
- Sanjay Sethi
- Net Profit (FY26 Q1)
- ₹203.1 crore
- Total Income (FY26 Q1)
- ₹908.3 crore
- Hotel Rooms Under Development
- Around 1,200