Royal Orchid Hotels Limited has informed the Exchange regarding a press release dated May 15, 2025, titled "Press Release".
ROHLTD · price
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Awaiting price reaction for this filing.
Royal Orchid Hotels has opened a new 75-key resort called Regenta Waterfront Resort-Dapoli in the coastal town of Dapoli in Ratnagiri district of Maharashtra. This is the company's first Regenta-branded property in Dapoli and brings its total portfolio in Maharashtra to 15 hotels. The hilltop beachfront resort offers panoramic Arabian Sea views, multiple dining options, an infinity pool, spa, fitness centre, kids' play area, a 4,000 sq. ft. ballroom and an 800 sq. ft. banquet hall. The company currently operates 110+ hotels across India and the launch aligns with its strategy to expand into lesser-known tourist destinations near metropolitan cities like Mumbai and Pune.
Modest positive for long-term growth as the expansion strengthens ROHL's footprint in Maharashtra and diversifies into the leisure-cum-business tourism segment, though a single property launch is unlikely to materially move the stock in the short term.