Chalet Hotels unveils rebranded ‘The Westin Mumbai Powai Lake'; Stock surges 6%

3 Mar 2022 , 01:15 PM

Chalet Hotels Limited, owner, developer, and asset manager of highend hotels in key metro cities in India, announces the upgrade and rebranding of its iconic hotel at Powai Lake to ‘The Westin Mumbai Powai Lake’ from the erstwhile ‘The Renaissance Mumbai Convention Center Hotel’.

The new brand was unveiled on the night of March 01, 2022, company said in a filing on Wednesday.

Chalet Hotels which already houses global brands in association with Marriott International and Accor, fortifies its offerings with this newly renovated and upgraded Hotel.

The 600-room asset has undergone extensive upgradation over the past two years, to make it an aspirational choice for the new age traveller.

The remodeled contemporary spaces include ‘Mayouchi’ a brand-new Japanese Tapas bar, ‘Mumbai Express’ a feel-good Deli, ‘Nawab Saheb’ a rejuvenated Indian restaurant, a relaxing spa, a state-of-the-art gym, a smart new lobby and stunning views of the lake front and the city skyline offering distinctive experiences. With sustainability at its core, the design philosophy takes inspiration from the concept of ‘Biophilia’, which suggests that humans have an innate tendency to seek connection with nature.

At around 1.18 pm, Chalet Hotels Ltd was trading at Rs274.40 per piece up by Rs16.4 or 6.36% from its previous closing of Rs258 per piece on the BSE. The scrip opened at Rs262.15 and has touched a high and low of Rs288.05 and Rs262.15 respectively. 

Embracing brand ‘Westin’s’ foundational pillars of Eat Well, Move Well and Sleep Well, the Hotel features signature brand programs that empower guests to regain control and maintain their holistic well-being while they are on the road. This will be the second Westin in the Company’s hospitality portfolio with a third in the offing.

“We are delighted to relaunch Mumbai’s iconic hotel at the banks of Powai Lake in its new avatar of lifestyle and wellness, ‘The Westin Mumbai Powai Lake’ in partnership with Marriott International. The team at the hotel looks forward to welcoming guests — the old loyalists as well as new adventurists to this upgraded asset.” said Sanjay Sethi, MD & CEO, Chalet Hotels Ltd.