Royal Orchid Hotels Limited has informed the Exchange regarding a press release dated January 07, 2026, titled "Press Release".
ROHLTD · price
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Awaiting price reaction for this filing.
Royal Orchid Hotels has signed a new 60-key property called Regenta Suites & Residences Jaipur, to be operated under a hotel management agreement. The property is being developed by SSBC Group and is expected to open by April 2026. The hotel will follow a suites and residences format targeting long-stay guests, business travellers, and families. This addition strengthens the company's asset-light expansion strategy and increases its presence in Jaipur, a key leisure and business market.
Positive for shareholders as the asset-light model means minimal capital expenditure while adding to the company's growing portfolio of managed properties, supporting future revenue growth through management fees.