Chalet Hotels Limited, a prominent player in the hospitality sector, is set to acquire Seasons Hotels Private Limited, the owner of the 144-room Inder Residency Resort & Spa in Udaipur, Rajasthan, for a total consideration of ₹171 crore (approximately $20.5 million USD). The acquisition, approved by the company's Board of Directors on April 24, 2026, will be executed through the purchase of 100% of equity shares in tranches, with completion expected by May 15, 2026, or a mutually agreed date. This acquisition marks Chalet Hotels' entry into the Udaipur market, aligning with its expansion strategy to diversify its portfolio into leisure properties across various geographies. The property will undergo significant upgrades to transform it into an upper upscale lifestyle destination, remaining non-operative during the refurbishment period. Shwetank Singh, Managing Director & CEO of Chalet Hotels, expressed enthusiasm about entering Rajasthan, emphasizing the potential for value creation through refurbishment and expansion, aiming to establish a high-quality, experience-led destination that appeals to guests and delivers long-term value.