With this, CHL will enter the northern India market. Chalet said this is in line with the planned business expansion strategy and geographical diversification of the company. The upcoming terminal hotel will be company’s ninth hospitality property in the country and first in northern India. The hotel will have 350-400 rooms positioned in the 5-star deluxe space.
The cold shell is to be delivered by DIAL, the governing body for this project. CHL will complete the interiors and other fit outs. JLL was the transaction advisor to DIAL for the bid process. The hotel is expected to be commissioned in FY26 or earlier. The IGI Airport in Delhi witnessed around 67.3 million passengers in FY 2019, and in the month of April and May 2022, it had already seen 10.2 million passengers, thus making it one of the busiest airports in Asia.
Sanjay Sethi, MD & CEO of Chalet Hotels said the company looks forward to working with DIAL and ‘the best of the hotel brands’ to create a marquee asset in the airport district of New Delhi.
Aman Kapoor, CEO ALD, GMR Group, said the development of a terminal hotel at New Delhi’s T3 will bring hospitality to the travellers at the gates of the international terminal. It will provide a significant benefit to transit passengers, both domestic and international. “We welcome the partnership with Chalet Hotels in the development of this world-class hotel at India’s busiest airport, which has also been a pioneer of outstanding customer experience in the Indian aviation landscape,” he added.