Royal Orchid Hotels Ltd. (ROHL) has announced the signing of their latest property at Bhopal, at the heart of Madhya Pradesh as its expansion in the Northern region. The strategic expansion aligns with the brand's strategy of expanding in the less discovered and growing regions of India to boost tourism and hospitality in these smaller undiscovered destinations. Developed in association with Regenta Hotel Bhopal Airport, the 70-key resort will be operated under a management agreement. The property reflects ROHL's asset-light model and its focus on offering guests an amazing stay.
The new 70 key business hotel, including four spacious suites, is strategically situated on Airport Road, just 1 km from Raja Bhoj International Airport. With a built-up area of 56,000 sq ft, the brownfield property is designed to serve the evolving needs of modern business travellers and MICE clientele. It features three fully equipped conference rooms, a rooftop bar and restaurant, and wellness amenities such as a spa, swimming pool, and gym - creating a perfect balance of business efficiency and leisure comfort.
Commenting on the signing, Arjun Baljee, President, Royal Orchid Hotels Ltd., said, " As we continue to grow our presence across India, cities like Bhopal play an important role in our journey, It's a city on the rise, with a growing business landscape and a strong demand for quality hospitality. This new hotel is designed with today's business traveller in mind, practical, comfortable, and wellconnected. We're proud to bring the Regenta experience to Bhopal in partnership with Sarla Builders & Developers and we eagerly await visitors looking for connectivity, comfort, and genuine hospitality".
Bhopal - the capital city of Madhya Pradesh - is a vibrant administrative and commercial centre with growing infrastructure, numerous regional offices, and increasing demand for organised hospitality offerings. Apart from its business appeal, Bhopal also attracts a steady influx of leisure travellers, thanks to its unique blend of serene lakes, cultural heritage, and historical monuments.
Mrs.Komal Punjabi & Mr.Manal Punjabi said "We're excited to collaborate with Royal Orchid Hotels to bring the Regenta experience to Bhopal. This partnership reflects our shared commitment to offering guests an elevated stay experience - professional yet warm, efficient yet relaxed."
Shares of Royal Orchid Hotels Limited was last trading in BSE at Rs. 408.05 as compared to the previous close of Rs. 403.15. The total number of shares traded during the day was 3443 in over 127 trades.
The stock hit an intraday high of Rs. 411.75 and intraday low of 398.05. The net turnover during the day was Rs. 1395793.00. |
