Royal Orchid Hotels - Revision history

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Properties

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	In January 2017, Royal Orchid Hotels became the full owner of Amartara Hospitality.<ref>{{cite web\|url=http://www.thehindubusinessline.com/companies/royal-orchid-hotels-acquires-amartara-hospitality/article9473638.ece\|title=Royal Orchid Hotels acquires Amartara Hospitality\|website=Thehindubusinessline.com\|date=11 January 2011\|access-date=1 October 2017}}</ref> In September 2017, the [[Royal Bank of Scotland Group]] bought 9.28 lakh shares of Royal Orchid Hotels.<ref>{{cite web\|url=http://www.moneycontrol.com/news/business/stocks-business/royal-bank-of-scotland-buys-9-28-lakh-shares-of-royal-orchid-2392253.html\|title=Royal Bank of Scotland buys 9.28 lakh shares of Royal Orchid\|website=Moneycontrol.com\|date=20 September 2017\|access-date=1 October 2017}}</ref>		In January 2017, Royal Orchid Hotels became the full owner of Amartara Hospitality.<ref>{{cite web\|url=http://www.thehindubusinessline.com/companies/royal-orchid-hotels-acquires-amartara-hospitality/article9473638.ece\|title=Royal Orchid Hotels acquires Amartara Hospitality\|website=Thehindubusinessline.com\|date=11 January 2011\|access-date=1 October 2017}}</ref> In September 2017, the [[Royal Bank of Scotland Group]] bought 9.28 lakh shares of Royal Orchid Hotels.<ref>{{cite web\|url=http://www.moneycontrol.com/news/business/stocks-business/royal-bank-of-scotland-buys-9-28-lakh-shares-of-royal-orchid-2392253.html\|title=Royal Bank of Scotland buys 9.28 lakh shares of Royal Orchid\|website=Moneycontrol.com\|date=20 September 2017\|access-date=1 October 2017}}</ref>

			== Properties ==

			As of July 17, 2021, there are 70+ hotels and resorts with 3920 rooms open and operating, in addition to 9 hotels & Resort with 1000+ rooms in the pipeline, under the brand

			* {{IND}}
			** Regenta Spa & Resort Pushkar - A 5 Star Luxurious Resort Property On Tropical Maldives Theme With 132 Keys, Including 50 Deluxe Rooms 80 Suites Rooms & 2 Presidential Suites Villa, Situated In Aravali Mountains Near Pushkar, Spread In 56 Bigha Land

	==See also==		==See also==
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			[[Category:Companies listed on the National Stock Exchange of India]]
			[[Category:Companies listed on the Bombay Stock Exchange]]


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New page

{{Short description|Indian Hotel Chain}}
{{Use dmy dates|date=May 2018}}
{{Use Indian English|date=May 2018}}

{{Infobox company
| name = Royal Orchid Hotels
| logo =
| type = [[Public company|Public]]<br />{{BSE|ROHLTD}}<br />{{NSE|ROHLTD}}
| traded_as =
| genre = 
| fate =
| predecessor =
| successor =
| foundation = {{Start date|df=yes|1973|01|01}}<ref name=" History ">{{cite web|title= History |publisher=Official website|access-date=1 October 2017|url=http://www.royalorchidhotels.com/about}}</ref>
| founder = [[Chender K. Baljee]]<ref name=" History " />
| defunct = 
| location_city = [[Bangalore]]
| location_country = [[India]]
| location =
| locations = 58<ref name=" History " />
| area_served = [[India]]
| key_people = [[Chender K. Baljee]]{{wbr}} (chairman{{wbr}} &{{wbr}} managing{{wbr}} director)
| industry = [[Hotel]]
| products =
| services =
| revenue = {{profit}}{{INRConvert| 154.8|c}}<ref name=" Financial results ">{{cite news|title=Financial results|publisher=Bombay Stock Exchange|access-date=1 October 2017|url-status=dead|url=http://www.bseindia.com/StockInfo/Result.aspx?scrip_cd=532699|archive-url=https://web.archive.org/web/20171001123544/http://www.bseindia.com/StockInfo/Result.aspx?scrip_cd=532699|archive-date=2017-10-01}}</ref>
| operating_income =
| net_income = {{profit}}{{INRConvert| 12.2|c}}<ref name=" Financial results " />
| aum = 
| assets =
| equity = {{unchanged}}{{INRConvert| 27.2|c}}<ref name=" Financial results " />
| owner = [[Chender K. Baljee]]
| num_employees =
| parent =
| divisions =
| subsid =
| homepage = {{url|royalorchidhotels.com}}
| footnotes =
}}

'''Royal Orchid Hotels''' a [[hotel chain]] operating hotels in India and Kenya.<ref name=" History " />

== History ==
The flagship hotel was established in [[Bangalore]] in 1973 by Chender K. Baljee.

In 2008, Royal Orchid Hotels operated 15 hotels.<ref>{{cite web|url=http://www.dnaindia.com/business/report-royal-orchid-lines-up-six-new-hotels-1172513|title=Royal Orchid lines up six new hotels|website=Dnaindia.com|date=21 June 2008|author=Pooja Sarkar|access-date=1 October 2017}}</ref> By May 2015, the count of hotels rose to 28, including 10 owned by the company, and 18 managed through joint ventures or contracts.<ref>{{cite web|url=http://www.business-standard.com/article/companies/royal-orchid-hotels-targets-50-hotels-in-two-years-115052300672_1.html|title=Royal Orchid Hotels targets 50 hotels in two years|website=Business-standard.com|date=23 May 2015|access-date=1 October 2017}}</ref> In 2015, the Royal Orchid Hotels opened its first hotel outside of India, the Hotel Royal Orchid Azure in [[Nairobi]].<ref name=" History " /> 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|date=July 2019}}

In January 2017, Royal Orchid Hotels became the full owner of Amartara Hospitality.<ref>{{cite web|url=http://www.thehindubusinessline.com/companies/royal-orchid-hotels-acquires-amartara-hospitality/article9473638.ece|title=Royal Orchid Hotels acquires Amartara Hospitality|website=Thehindubusinessline.com|date=11 January 2011|access-date=1 October 2017}}</ref> In September 2017, the [[Royal Bank of Scotland Group]] bought 9.28 lakh shares of Royal Orchid Hotels.<ref>{{cite web|url=http://www.moneycontrol.com/news/business/stocks-business/royal-bank-of-scotland-buys-9-28-lakh-shares-of-royal-orchid-2392253.html|title=Royal Bank of Scotland buys 9.28 lakh shares of Royal Orchid|website=Moneycontrol.com|date=20 September 2017|access-date=1 October 2017}}</ref>

==See also==
*[[Hotel]]
*[[List of hotels]]

==References==
{{Reflist}}

{{Hotel chains}}
{{Tourism}}
{{Portal bar|India}}

[[Category:Hotel chains in India]]
[[Category:Companies based in Bangalore]]
[[Category:1973 establishments in Karnataka]]
[[Category:Indian companies established in 1973]]

{{India-hotel-stub}}
{{India-company-stub}}