Kamat Hotels India Limited expands presence with a Second Property in North Goa

Kamat Hotels (India) Limited (KHIL), a pioneer in environmentally sensitive Indian hospitality, is pleased to announce the signing of its second property in North Goa under the "IRA by Orchid" brand through a Management Agreement.

The upcoming hotel will feature 43 well-appointed guest rooms, a swimming pool, banquet hall, in-house restaurant, and a fully equipped health club, offering guests a seamless blend of leisure, comfort, and signature of Orchid hospitality. This strategic addition strengthens KHIL's presence in one of India's most popular leisure and tourism destinations. The hotel is scheduled to open its doors by September 30, 2025.

North Goa, known for its vibrant beaches, rich Portuguese heritage, and thriving nightlife, continues to be a favored destination for both domestic and international travelers. From the bustling markets of Anjuna and Mapusa to the serene beaches of Vagator and Morjim, the region offers a unique mix of culture, adventure, and relaxation. The addition of IRA by Orchid Hotel - North Goa will further enhance the brand's footprint in this highly sought-after market, catering to both leisure seekers and event travelers.

Commenting on the development, Dr. Vithal Kamat, Executive Chairman & Managing Director, said, "We are delighted to announce our new hotel in North Goa, a destination that holds immense potential for hospitality and tourism. This will be another milestone in our growth journey under the IRA by Orchid brand, and we remain committed to offering eco-friendly, world-class hospitality experiences to our guests across India."

Adding to this, Mr. Vishal Kamat, Executive Director, said, "North Goa has always been a preferred choice for travelers, and with IRA by Orchid Hotel, we aim to provide them with an authentic yet sustainable hospitality experience. The property's facilities are designed to serve both leisure and business guests, making it a perfect blend of comfort, convenience, and our signature eco-conscious ethos."

Shares of Kamat Hotels (I) Limited was last trading in BSE at Rs. 288.70 as compared to the previous close of Rs. 287.60. The total number of shares traded during the day was 61859 in over 2557 trades.

The stock hit an intraday high of Rs. 298.00 and intraday low of 283.10. The net turnover during the day was Rs. 17957867.00.

Source : Equity Bulls

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KamatHotelsIndia INE967C01018 Expansion SecondProperty NorthGoa