Royal Orchid Hotels Limited has informed the Exchange regarding a press release dated April 07, 2026, titled "press release".
ROHLTD · price
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Royal Orchid Hotels has launched a new property called 'Regenta Place Iris Park' in Rishikesh, Uttarakhand, under its Regenta Place brand. The hotel has 36 keys, including 8 Suites, 16 Premium Rooms, and 12 Deluxe Rooms, with amenities such as a multi-cuisine restaurant, rooftop lounge, banquet space, swimming pool, and a proposed spa. Located on the Badrinath Highway near Ram Jhula, the property targets pilgrims, adventure seekers, and leisure travellers. The launch is part of the company's 2030 expansion roadmap, and Royal Orchid currently operates 119+ hotels across India.
This is a modest positive development as the company continues its expansion into a high-potential spiritual and adventure tourism destination. However, with only 36 keys, the immediate financial impact on revenue is likely small, though it strengthens the brand's footprint and long-term growth narrative.