Royal Orchid Hotels

From Wikipedia, the free encyclopedia

Royal Orchid Hotels
TypePublic
BSE: ROHLTD
NSE: ROHLTD
IndustryHotel
Founded1 January 1973 (1973-01-01)[1]
Founder[1]
Headquarters
Bangalore
,
India
Number of locations
58[1]
Area served
India
Key people
​ (chairman​ &​ managing​ director)
RevenueIncrease₹154.8 crore (US$22 million)[2]
Net income
Increase₹12.2 crore (US$1.7 million)[2]
Total equitySteady₹27.2 crore (US$3.8 million)[2]
Owner
Websiteroyalorchidhotels.com

Royal Orchid Hotels a hotel chain operating hotels in India and Kenya.[1]

History[]

The flagship hotel was established in Bangalore in 1973 by Chender K. Baljee.

In 2008, Royal Orchid Hotels operated 15 hotels.[3] By May 2015, the count of hotels rose to 28, including 10 owned by the company, and 18 managed through joint ventures or contracts.[4] In 2015, the Royal Orchid Hotels opened its first hotel outside of India, the Hotel Royal Orchid Azure in Nairobi.[1] As of 26 October 2019, Royal Orchid Hotels has 58 hotels under its fold with 3948 keys – just short of 4000 – out of which 47 are under management contract.[citation needed]

In January 2017, Royal Orchid Hotels became the full owner of Amartara Hospitality.[5] In September 2017, the Royal Bank of Scotland Group bought 9.28 lakh shares of Royal Orchid Hotels.[6]

In August 2020, Royal Orchid Tie-uped With Jaipur Based Fine Acers Private Limited A Developer Company For an Upcoming 5 Star Resort Venture Regenta Spa & Resort Pushkar by Royal Orchid Hotels Ltd in Pushkar.

Properties[]

As of July 17, 2021, there are 60+ hotels and resorts with 3920 rooms open and operating, in addition to 9 hotels & Resort with 1000+ rooms in the pipeline, under the brand

  •  India
    • Regenta Spa & Resort Pushkar - A 5 Star Luxurious Resort Property On Tropical Maldives Theme With 132 Keys, Including 50 Deluxe Rooms 80 Suites Rooms & 2 Presidential Suites Villa, Situated In Aravali Mountains Near Pushkar, Spread In 56 Bigha Land

Gallery[]

See also[]

  • Hotel
  • List of hotels

References[]

  1. ^ Jump up to: a b c d e "History". Official website. Retrieved 1 October 2017.
  2. ^ Jump up to: a b c "Financial results". Bombay Stock Exchange. Archived from the original on 1 October 2017. Retrieved 1 October 2017.
  3. ^ Pooja Sarkar (21 June 2008). "Royal Orchid lines up six new hotels". Dnaindia.com. Retrieved 1 October 2017.
  4. ^ "Royal Orchid Hotels targets 50 hotels in two years". Business-standard.com. 23 May 2015. Retrieved 1 October 2017.
  5. ^ "Royal Orchid Hotels acquires Amartara Hospitality". Thehindubusinessline.com. 11 January 2011. Retrieved 1 October 2017.
  6. ^ "Royal Bank of Scotland buys 9.28 lakh shares of Royal Orchid". Moneycontrol.com. 20 September 2017. Retrieved 1 October 2017.
Stub icon

This article about a hotel or resort in India is a stub. You can help Wikipedia by .

  • v
  • t
Stub icon 1 Stub icon 2

This article about an Indian company is a stub. You can help Wikipedia by .

  • v
  • t
Retrieved from ""