Royal Orchid Hotels Limited has informed the Exchange regarding a press release dated January 12, 2026, titled "Press Release".
ROHLTD · price
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Royal Orchid Hotels has signed a new property called Regenta Place Udaipur, a 43-key hotel located in Nakoda Nagar, Udaipur, Rajasthan. The hotel will be operated under a hotel management agreement with the property being developed by Mokkshi Hospitality & Services. The property will feature a 7,000 sq. ft. indoor banquet hall and a 30,000 sq. ft. landscaped lawn, targeting leisure travellers and the destination wedding market. The hotel is expected to open by March 2026, expanding the company's presence in Rajasthan's leisure and wedding segment under its asset-light growth strategy.
This signing adds to Royal Orchid's portfolio in a high-demand leisure and wedding market, but since it is an asset-light management contract, the financial impact will depend on future revenue sharing. No immediate material impact on earnings is indicated.