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Royal Orchid Hotels Ltd launches Regenta Central Grand Exotica Pune



Posted On : 2023-04-05 09:55:48( TIMEZONE : IST )

Royal Orchid Hotels Ltd launches Regenta Central Grand Exotica Pune

Royal Orchid Hotels Limited (ROHL), India's rapidly expanding hospitality company, has announced its newest property located in Pune. The Regenta Central Grand Exotica located in Pune is being included in the brand offerings of ROHL. The company is acquiring the property on a revenue sharing basis, which will directly contribute to our bottom line income. This addition brings our portfolio to a total of 14 JLO properties. With the acquisition of the Grand Exotica Business Hotel, ROHL now owns and operates three grand hotels in Pune, including the Royal Orchid Central, Kalyani Nagar, Marisoft Annexe, and Royal Orchid Golden Suites, Kalyani Nagar, Cerebrum IT Park.

Chander K Baljee, Chairman and Managing Director, Royal Orchid Hotels, stated, "Pune is a leading metro with significant tourism potential, making it a key economic and industrial hub. The signing of this hotel is in line with ROHL's vision of strengthening our presence in key domestic markets. With the new property, ROHL will now have three hotels across brands in the city."

The Regenta Central Grand Exotica Business hotel is located in the heart of PCMC at Chinchwad amidst green surroundings. It is situated within driving distance of the airport (45 mins) and Pune Railway station (30 mins).

The hotel has 72 rooms across categories, such as Deluxe, Executive, Suite, and Classic Suite, and provides world-class hospitality services for both business and leisure guests. The property also has several F&B outlets, including Pinxx, Tiger Trail, Mix - The Bar, and the rooftop Sky Lounge, offering a panoramic view of Pune. Additionally, the hotel has a stateof-the-art conferencing facility with a spacious centrally airconditioned three elegant banquet halls, making it an ideal venue for conferences, weddings, and special events. Regenta Grand Exotica is the top choice for hotels in the upscale market of Pune.

Shares of Royal Orchid Hotels Limited was last trading in BSE at Rs. 243.90 as compared to the previous close of Rs. 270.70. The total number of shares traded during the day was 66440 in over 3160 trades.

The stock hit an intraday high of Rs. 259.95 and intraday low of 232.20. The net turnover during the day was Rs. 16114495.00.

Source : Equity Bulls

Keywords

RoyalOrchidHotels INE283H01019 ROHL TheRegentaCentralGrandExotica Pune