These properties of Royal Orchid Hotels are located in close proximity to the cities central business district and other transport hubs which is predicted to feed a strong demand pipeline originating from industrial organisations and IT companies.
Royal Orchid Hotels, India’s fastest growing hospitality chain with a diverse portfolio of hotels now operates 64+ hotels across 42 locations in India. The chain announced the opening of 8 new properties under the brands of Regenta Resort, Regenta Central and Regenta Inn in Bengaluru, Noida, Goa, Jaipur, Ajmer, Mashobra (Himachal Pradesh) and Udaipur.
Three business hotels were opened in prominent business districts in Bengaluru and Noida. Three business/leisure hotels were opened in Goa (Panjim), Jaipur and Ajmer. Mashobra and Udaipur got one leisure property each.
These hotels are located in close proximity to the cities central business district and other transport hubs which is predicted to feed a strong demand pipeline originating from industrial organisations and IT companies.
Regenta Resort and Spa, Shimla in Mashobra, marks the group’s foray into the tourist-intensive and high-demand area of Shimla and Mashobra. Nestled among fir trees and surrounded by mountains on all sides, the hotel offers an experience that is second to none. This resort further strengthens the group’s presence in the state, where they are currently operating another resort.
Located on the foothills of the world-renowned Sajjan Garh Fort, Regenta Central Mewargarh, Udaipur is the latest addition to the group’s portfolio. The hotel features contemporary rooms and cottages which will serve business as well as leisure guests, while also providing contemporary banquet and open spaces for weddings and events.
Commenting on the new launches, Chander K. Baljee, Chairman & Managing Director said, “We are on a path to set up 100+ hotels across the length and breadth of our country. The addition of 8 new properties in the last quarter alone is a testament to the efforts we’ve been putting and the speed at which we have been working. All these properties have been onboarded after careful consideration of the respective hotel’s market potential and also to cater to the ever-evolving needs of our guests. In the Q1 and Q2 of FY 21-22 we are expecting to add another 7 hotels.”
“I’m not just optimistic but certain that in the months and years to come, all these new properties will deliver results that will exceed our expectation,” he further added.
The share price of Royal Orchid Hotels rose by around 5% in the stock market after the announcement of the new hotel properties.