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Royal Orchid ventures into upscale hotels, secures Mumbai Airport property
The Business Guardian
|April 06, 2024
Royal Orchid Hotels Ltd, which operates Royal Orchid and Regenta Inn brands, has signed an agreement for a 300 room five-star hotel property at Mumbai airport’s terminal 2, chairman and managing director Chander K. Baljee said on the sidelines of the HICSA hospitality event.
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The property, located just a minute away from the terminal, is expected to be operational by late 2024, he added. Last year, the company had secured three properties through revenue-sharing agreements in Gurugram, Pune and Goa.
The company is also set to launch an upmarket full-service hotel brand, offering superior amenities compared to mid-market and budget options, but falling short of the luxury associated with full 4-star or 5-star establishments. Baljee refused to share further details on the new category.
Esta historia es de la edición April 06, 2024 de The Business Guardian.
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