Royal Orchid Hotels soars on expanding Regenta brand in Goa with two new strategic signings
Royal Orchid Hotels is currently trading at Rs. 370.50, up by 9.95 points or 2.76% from its previous closing of Rs. 360.55 on the BSE.
The scrip opened at Rs. 362.80 and has touched a high and low of Rs. 380.30 and Rs. 361.90 respectively. So far 3953 shares were traded on the counter.
The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 448.10 on 21-Feb-2024 and a 52 week low of Rs. 301.50 on 25-Oct-2024.
Last one week high and low of the scrip stood at Rs. 380.30 and Rs. 328.10 respectively. The current market cap of the company is Rs. 1003.49 crore.
The promoters holding in the company stood at 63.65%, while Institutions and Non-Institutions held 7.35% and 29.00% respectively.
Royal Orchid Hotels (ROHL) has expanded its Regenta brand in Goa with two new strategic signings. The signing of the new properties Regenta Baywatch Resort and Regenta Beach House further underscore ROHL’s commitment to further elevate the tourism landscape of Goa with a diverse portfolio of brands.
With a total of 155 keys in Phase 1 and acres of banquet lawns, multiple restaurants, conferencing & wellness facilities and a beach club, the properties are ideal for destination weddings, corporate retreats, and large gatherings. Strategically located on the beach and within great accessibility to transport hubs, the properties will be positioned at the upper end of the mid-market spectrum, catering to Regenta brands loyal guests.
Regenta Rewards benefits will be applicable at this property, that will go live this month. Guests can choose from a mix of different categories of rooms and multiple dining options along with recreational amenities including swimming pools, fitness center, a wellness retreat with programmed treatments and arguably South Goa’s best positioned beach restaurant.
Royal Orchid Hotels is one of India's fastest-growing hospitality brands.
