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Friday, November 15, 2024

Royal Orchid Hotels to expand footprint in India with 30-35 new properties in the coming year

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Royal Orchid Hotels is set to expand its reach across India in the fiscal year 2024-25, with plans to add 30-35 new properties comprising approximately 2,000 rooms. This expansion, as announced by Chairman and Managing Director Chander K Baljee, also includes a strategic focus on enhancing its wedding destination portfolio by introducing four to five new locations each year.

“We’re experiencing rapid expansion. Having already surpassed the milestone of 100 hotels, I anticipate that in the upcoming year (2024-25), we’ll be adding another 30-35 hotels,” stated Baljee.

Regarding the locations for these new hotels, he mentioned, “We’re considering various regions across India. Specifically, we’re aiming to establish a presence in areas where we currently don’t operate, such as Andhra Pradesh, Telangana, and other select locations.”

When questioned about the total room count expected from the new properties, he remarked, “I estimate that there will be an addition of around 2,000 rooms.”

Continue Exploring: Indian hospitality industry set for a record-breaking 2024: Surge in new hotel rooms expected

He explained that these new properties will span various segments under management contracts. He added that while there won’t be any company-owned properties, some will operate under a flexi-lease revenue-sharing model.

Regarding job creation through the new hotels, he remarked, “We are actively conducting training sessions for numerous individuals ourselves. Typically, for every room, there’s at least one staff member. With the addition of 2,000 rooms, we anticipate hiring 2,000 individuals.”

With Prime Minister Narendra Modi spearheading the promotion of India as a wedding destination, Baljee noted that the company is intensifying its endeavors to participate in this initiative.

“At present, we manage 20 wedding locations across the country…”We are planning to add more wedding locations, with the goal of adding four or five every year,” he said. He went on to say that these might be in a variety of locations, such as beachfront venues, hillside places, heritage resorts, or wildlife resorts.

Royal Orchid Hotels currently operates in more than 65 places across India and in nearby nations like Nepal and Sri Lanka.

Continue Exploring: Royal Orchid & Regenta Hotels unveil luxurious Regenta Inn Bhavani in Nellore

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