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Friday, November 15, 2024

Royal Orchid Hotels

After a sluggish first quarter, Royal Orchid Hotels Ltd. expects occupancy rates to rebound to around 80% in the third and fourth quarters, according to company President Arjun Baljee. Q1 Hit͏ ͏by H͏͏ea͏t͏͏͏wave,͏ T͏r͏a͏v͏͏el ͏Drop: ͏͏Var͏ious fa͏cto͏rs,͏͏͏ such...
Bengaluru-based Royal Orchid Hotels Ltd aims to expand its hotel network to 200 properties by FY27. The company plans to leverage the rising demand for domestic travel and increase its footprint in tier-two and tier-three cities...

Royal Orchid Hotels plans aggressive expansion, targets 11,000 keys by 2026 across new Indian markets

Bangalore-based hospitality c͏ompany Royal Orchid aims t͏o exp͏and i͏ts portfolio to 11,000 keys within the next two ye͏ars.͏ The com͏pany'͏s growth s͏trate͏gy i͏ncludes entering...

Royal Orchid Hotels reports PAT of INR 50.82 Cr for FY24

Royal Orchid Hotels Limited has recorded a total income of INR 312.70 crore for the financial year 2024, showing growth from the total income...

Hotel industry on hiring spree, set to create about 100,000 jobs in next 12-18 months

Hotel operators, who previously slashed jobs in large numbers during the Covid era, are now re-entering the market with vigor, hiring thousands to support...

Royal Orchid Hotels expands presence in East India, launches Regenta Central as first property in Odisha

Expanding its footprint in the eastern region of India, Royal Orchid Hotels Ltd (ROHL) has established its presence in Odisha by inaugurating Regenta Central...

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

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...

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