Royal Orchid Hotels has opened a contemporary five star business hotel ‘Regenta One’ at ISB Road, Gachibowli in Hyderabad. With the opening of the above hotel, the company has now 22 hotels across 15 cities in India.
The above hotel is with 158 guest rooms in addition to bar, specialty restaurants, conference hall and other facilities.
The company has reported net loss of Rs 2.73 crore for the quarter ended March 31, 2012 as compared to Rs 1.27 crore as for the March quarter of the previous year. Company’s total income has increased by 2.52% to Rs 26.49 crore for the quarter from Rs 25.84 crore for the March quarter of the previous year.
