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Royal Orchid Hotels to add 30-35 new properties in FY25

02 Apr 2024 Evaluate

Royal Orchid Hotels is planning to add 30-35 new properties with about 2,000 rooms in the 2024-25 fiscal as part of its expansion plans across India. The company, which operates hospitality properties under the Royal Orchid and Regenta brands, is also looking to expand its wedding destination portfolio by adding four to five locations every year. These new properties will be across various segments under the management contract. There would not be any company-owned properties but some properties would be on a flexi-lease revenue sharing model.

Royal Orchid Hotels is one of India's fastest-growing hospitality brands.


Peers
Company Name CMP
The Indian Hotels Co 732.25
ITC Hotels 158.85
Mahindra Holi.&Resor 198.85
EIH 318.00
Chalet Hotels 867.45
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