| Company type | Public |
|---|---|
| BSE: 532699 NSE: ROHLTD | |
| Industry | Hotel |
| Founded | 1 January 1973[1] |
| Founder | Chander K. Baljee[1] |
| Headquarters | , |
Number of locations | 65+[1] |
Area served | India, Sri Lanka, & Nepal |
Key people | Chander K. Baljee |
| Revenue |  ₹154.8 crore (US$19 million)[2] |
| ₹12.2 crore (US$1.5 million)[2] | |
| Total equity |  ₹27.2 crore (US$3.4 million)[2] |
| Owner | Chander K. Baljee |
| Website | royalorchidhotels |
Royal Orchid Hotels a hotel chain operating hotels in India, Sri Lanka and Nepal.[1]
History
The first hotel was established in Bangalore in 1973 by Chander K. Baljee, starting with Hotel Harsha. Harsha enjoyed a number of firsts in the sleepy town of Bangalore - the first hotel with chana bathura, the first hotel with a North Indian restaurant, the first hotel to start outdoor caterings, the first with Colour TV's in the rooms, and most recently the first hotel with free Wi-Fi. In 2001, the company opened The Royal Orchid, its flagship with 195 rooms on the KGA Golf Course in Bangalore.
In 2008, Royal Orchid Hotels operated 15 hotels.[3] By May 2015, the count of hotels rose to 28, including 10 owned by the company, and 18 managed through joint ventures or contracts.[4] In 2015, the Royal Orchid Hotels opened its first hotel outside of India, the Hotel Royal Orchid Azure in Nairobi.[1] As of 26 October 2019, Royal Orchid Hotels has 58 hotels under its fold with 3948 keys – just short of 4000 – out of which 47 are under management contract.[citation needed] In March 2024, the company celebrated a milestone of opening its 100th hotels with dozens in the pipeline to open in the next few months.
Properties
As of February 18, 2024, there are 100+ Hotels and Resorts with 5900+ rooms open and operating, under the brand.
See also
References
- ^ a b c d e "History". Official website. Retrieved 1 October 2017.
- ^ a b c "Financial results". Bombay Stock Exchange. Archived from the original on 1 October 2017. Retrieved 1 October 2017.
- ^ Pooja Sarkar (21 June 2008). "Royal Orchid lines up six new hotels". Dnaindia.com. Retrieved 1 October 2017.
- ^ "Royal Orchid Hotels targets 50 hotels in two years". Business-standard.com. 23 May 2015. Retrieved 1 October 2017.
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This page was last edited on 12 March 2024, at 11:28