Royal Orchid Hotels marked its entry in Odisha with the opening of Regenta Central in the coastal city of Puri. ROHLs maiden property in the state, and the 4th in East India, Regenta Central in Puri is poised to become the preferred abode for tourists visiting the city for spiritual, wellness or cultural tourism from across the country. The newest addition to ROHL`s portfolio is located a proximity of 50meters from the Golden Beach and provides the perfect setting for guests to immerse themselves in the rich heritage of Odisha.Powered by Capital Market - Live News

Royal Orchid Hotels announced the opening of its 8th hotel in thestate, Velmore by Royal Orchid in the hill town of Kasauli. The timely opening of the new hotel, coinciding with the onset of the Indian summer, will attract families and tourists alike, looking to escape the heat of NorthIndia.Powered by Capital Market - Live News

Royal Orchid Hotels has signed a Lease/Revenue sharing agreement with MASA Hotels for their upcoming 300 Rooms - 5-star hotel in Mumbai, Maharashtra the commercial capital of India. This property comes follow after ROHL recently announced the opening of 288 Keys upcoming 5-star hotel in Surat, Gujarat last week. Both new properties will be part of the soon-to-be announced new upscale brand under ROHL Ownership.Powered by Capital Market - Live News

Net profit of Royal Orchid Hotels rose 6.15% to Rs 15.35 crore in the quarter ended December 2023 as against Rs 14.46 crore during the previous quarter ended December 2022. Sales rose 12.99% to Rs 81.91 crore in the quarter ended December 2023 as against Rs 72.49 crore during the previous quarter ended December 2022. ParticularsQuarter Ended�Dec. 2023Dec. 2022% Var. Sales81.9172.49 13 OPM %30.1932.71 - PBDT24.7724.07 3 PBT19.7819.23 3 NP15.3514.46 6 Powered by Capital Market - Live News

Royal Orchid Hotels will hold a meeting of the Board of Directors of the Company on 9 February 2024.Powered by Capital Market - Live News