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Kamat Hotels (India) Limited signs a new property in Rishikesh, Uttarakhand

Posted On: 2025-03-07 19:08:43 (Time Zone: IST)


Kamat Hotels (India) Ltd (KHIL), a pioneer in Environmentally Sensitive Indian Hospitality Services, has signed an agreement for the management and operations of a Luxury hotel, The Orchid Hotel at Rishikesh in Uttarakhand ("Hotel").

The Hotel will feature 54 elegantly designed rooms, surrounded by dense forest, the luxurious rooms of different types. It also has a state-of-the-art high-end spa, a swimming pool, a modern recreation center, and a dedicated yoga center next to a decades old Shivling temple, all aimed at those seeking relaxation and peace. Additionally, the property will include a fully equipped conference room, making it an ideal venue for corporate retreats as well as weddings celebrations. Exquisite dining experiences at the 24 hours all day dining restaurant and Mountain View Bar.

Mr. Vishal Kamat, Executive Director said the hotel is expected to be fully operational by July 2025. Dr. Vithal Kamat, Chairman & Managing Director said this would enhance our presence in the hospitality of Uttarakhand with the Second Orchid Hotel opening here. The first hotel was signed in Dehradun.

Rishikesh, nestled in the Himalayas along the Ganges River in Uttarakhand, India, is a spiritual and cultural hub known as the "Yoga Capital of the World." This revered Hindu pilgrimage town features temples, ashrams, and renowned yoga centers. As the "Gateway to the Garhwal Himalayas," Rishikesh attracts both spiritual seekers and adventure enthusiasts. Visitors can explore temples, participate in the Ganga Aarti, and join yoga camps, while also enjoying activities like river rafting and bungee jumping. Rishikesh beautifully blends tranquility with adventure, making it an ideal destination for those seeking both spiritual growth and excitement.

Shares of Kamat Hotels (I) Limited was last trading in BSE at Rs. 312.40 as compared to the previous close of Rs. 284.55. The total number of shares traded during the day was 45798 in over 2945 trades.

The stock hit an intraday high of Rs. 317.05 and intraday low of 281.85. The net turnover during the day was Rs. 14032505.00.


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