Hot Pursuit     17-Mar-25
Royal Orchid jumps on Goa expansion
Royal Orchid Hotels rose 5.69% to Rs 414 after the company said it launched two new properties under Regenta brand in the coastal town of Colva, Goa.
Royal Orchid Hotels has expanded its Goa presence to six properties by launching Regenta Baywatch Resort and Regenta Beach House in Colva. These beachfront properties offer modern amenities, diverse dining options, and extensive event spaces, catering to both leisure and event-based travelers. The expansion aims to capitalize on Goa's popularity, which saw 10 million visitors in 2024.

Arjun Baljee, President of Royal Orchid Hotels, "Building on our 15+year legacy in Goa, ROHL is proud to announce the launch of two new signature properties that will further solidify our commitment to elevating the state's hospitality landscape and delivering unparalleled guest experiences. With their unique locations and superior amenities, we're confident that these two hotels will carve out a distinct presence in Goa's thriving market especially for weddings and MICE (meetings, incentives, conventions and exhibitions) events."

Royal Orchid Hotels is one of India’s fastest-growing hotel chains. It primarily operates 5-star, 4-star, and resorts, enabling it to target discerning business and leisure travellers. It currently operates 110+ hotels across India.

On a consolidated basis, net profit of Royal Orchid Hotels rose 15.96% to Rs 17.80 crore while net sales rose 9.03% to Rs 89.31 crore in Q3 December 2024 over Q3 December 2023.

Previous News
  Royal Orchid Hotels launches two new properties in Colva, Goa
 ( Corporate News - 17-Mar-25   15:53 )
  Royal Orchid jumps on Goa expansion
 ( Hot Pursuit - 17-Mar-25   14:43 )
  Royal Orchid Hotels announces cessation of director
 ( Corporate News - 13-Feb-25   19:17 )
  Royal Orchid Hotels consolidated net profit rises 15.96% in the December 2024 quarter
 ( Results - Announcements 12-Feb-25   17:43 )
  Royal Orchid Hotels to convene board meeting
 ( Corporate News - 07-Feb-25   16:25 )
  Royal Orchid gains on inking new property in Rajasthan
 ( Hot Pursuit - 07-Jan-25   11:55 )
  Royal Orchid signs new property in Pune
 ( Hot Pursuit - 11-Dec-24   08:31 )
  Royal Orchid Hotels consolidated net profit rises 9.97% in the September 2024 quarter
 ( Results - Announcements 14-Nov-24   15:13 )
  Royal Orchid Hotels to convene board meeting
 ( Corporate News - 09-Nov-24   11:59 )
  Royal Orchid Hotels signs new 5-star property in Chittorgarh, Rajasthan
 ( Corporate News - 26-Sep-24   12:33 )
  Royal Orchid Hotels launches new property in Chitwan, Nepal
 ( Corporate News - 09-Sep-24   19:00 )
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