Stock Report

Royal Orchid Hotels Ltd launches Regenta Place Phagwara

Posted On : 2023-05-25 12:39:54( TIMEZONE : IST )

Royal Orchid & Regenta Hotels, India's rapidly expanding hospitality chain, proudly unveils its latest gem, Regenta Place Phagwara, nestled in the serene landscapes of the religious and agricultural land of Beas and Satluj rivers.

Regenta Place Phagwara offers a memorable experience to its esteemed guests, with its enchanting location in the heart of Phagwara. The property boasts 38 spacious and thoughtfully designed rooms, catering to the needs of both leisure and business travelers. Choose from a range of categories, including premium deluxe rooms, executive suites, and interconnecting family rooms.

Guests at Regenta Place Phagwara can indulge in world-class hospitality services, including high-speed Internet access and exceptional in-room dining. The hotel's two exquisite dining outlets, PINXX and Terrace Side Bar Lounge, cater to diverse palates, offering a delightful array of Indian, Chinese, Oriental, and Continental cuisines. Whether it's enjoying a coffee catchup or unwinding with exotic cocktails and fine liquor, both outlets provide an ideal setting to relax and rejuvenate.

Regenta Place Phagwara is poised to captivate visitors with its unparalleled charm and exceptional service. As a valued addition to the Royal Orchid & Regenta Hotels' portfolio, the property promises a memorable stay that will leave a lasting impression on guests.

Chander K Baljee, Chairman and Managing Director of Royal Orchid Hotels, expressed his thoughts on the recent opening, stating, "Punjab holds significant importance for us, particularly as we expand our presence in Northern India. Recognized for its religious heritage, agricultural prominence, and significant NRI community, this new property has been meticulously designed to meet the diverse needs of our esteemed guests. The expansion and inauguration of this hotel align perfectly with our vision of fortifying our foothold in India, particularly in pivotal domestic markets."

At Regenta Place Phagwara, private functions can be hosted at the open-air rooftop restaurant, accommodating 70-80 guests.

For corporate events, Orchard Hall, a banquet room, offers facilities for business meetings, conferences, theme parties, and special gatherings. Professional staff are available to assist guests throughout the event planning process.

Centrally located, Regenta Place Phagwara enjoys proximity to Phagwara Railway Station (3.2 km) and the bus stand, both just an eight-minute drive away. The closest airport, Adampur Airport in Jalandhar, is located 27 km away, providing a convenient 38-minute drive. Other nearby airports include Ludhiana Airport (53 km) with a 114-minute drive and Amritsar Airport (116 km), reachable within a two-hour drive.

Regenta Place benefits from its strategic location in the wellconnected city of Phagwara, offering easy access to renowned museums, temples, and attractions. Visitors can explore the Sardar Bhagat Singh Museum, Punjab Agriculture Museum, Gurudwara Talhan Sahib Ji, Devi Talab Mandir Temple, Maharaja Ranjit Singh War Museum, Tulsi Mandir Temple, and Sodal Mandir. Additionally, fun places like Wonderland Theme Park, The Fun Factory, and Surjit Hockey Stadium are nearby for entertainment.

Shares of Royal Orchid Hotels Limited was last trading in BSE at Rs. 364.70 as compared to the previous close of Rs. 367.90. The total number of shares traded during the day was 9001 in over 506 trades.

The stock hit an intraday high of Rs. 374.90 and intraday low of 362.05. The net turnover during the day was Rs. 3304310.00.