π Tender Overview
Scope : To Develop a Hotel at the T3 Terminal of Indira Gandhi International Airport (IGIA).
Chalet Hotels (CHL) has been awarded the contract by Delhi International Airport (DIAL) to develop a hotel at the T3 Terminal of Indira Gandhi International Airport (IGIA).
With this, CHL will enter the northern India market and the most important gateway city into India, Delhi. This is in line with the planned business expansion strategy and geographical diversification of the company.
The upcoming terminal hotel will be companyβs ninth hospitality property in the country and first in northern India. The hotel will have around 350-400 rooms positioned in 5-star deluxe space. CHL will complete 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.
On May 2023, Indian Hotels Company (IHCL) has signed up an agreement for a 400-key Taj branded hotel at Indira Gandhi International (IGI) Airport's Terminal-III in New Delhi in partnership with Chalet Airport Hotel. The property which has easy access to domestic and international travellers and is in proximity to Aero City, will be opened for use in a period of two years.
The hotel will be a significant addition to IHCL's portfolio in the National Capital Region (NCR) across Taj, SeleQtions, Vivanta and Ginger brands, and further establishes the Taj brand's presence at the Delhi, Mumbai and Bengaluru airports.
With this, IHCL has notched up a count of 15 hotels across the NCR, including three under development.
Chalet Airport Hotel is a wholly-owned subsidiary of Chalet Hotels, which develops, manages and operates high-end hotels and hotel-led mixed-use developments.