Royal Orchid Hotels soars on launching Regenta Central Imperial Candolim in Goa

Royal Orchid Hotels is currently trading at Rs. 278.15, up by 10.10 points or 3.77% from its previous closing of Rs. 268.05 on the BSE.

The scrip opened at Rs. 263.65 and has touched a high and low of Rs. 284.00 and Rs. 263.65 respectively. So far 6721 shares were traded on the counter.

royal orchid regenta hotels launch two new properties
Royal Orchid Hotels

The BSE group ‘B’ stock of face value Rs. 10 has touched a 52 week high of Rs. 307.70 on 23-Sep-2022 and a 52 week low of Rs. 78.40 on 01-Dec-2021.

Last one week high and low of the scrip stood at Rs. 304.90 and Rs. 253.30 respectively. The current market cap of the company is Rs. 763.11 crore.

The promoters holding in the company stood at 67.68%, while Institutions and Non-Institutions held 3.79% and 28.53% respectively.

Royal Orchid Hotels has launched its fifth property — Regenta Central Imperial Candolim in Goa under leisure hospitality brand Royal Orchid & Regenta Hotels.

On October 15, 2022 the property opened for business. The Group is already running four properties in the state – Royal Orchid Beach Resort & Spa Utorda Beach, Regenta Central North Goa, Arpora, Regenta Place Mandrem Beach Resort, Pernem, and Regenta Inn Palacio De Goa, Panaji.

The Regenta Central Imperial Candolim is strategically located at the Candolim road — a short distance from north Goa’s exciting tourist attractions.

The newly opened luxury property comprises 73 rooms. These include four imperial suites, 18 luxury suites, four deluxe rooms, and 47 superior rooms.

The rooms exude luxury and comfort and come with modern-day amenities. The luxury property also houses a multi-cuisine restaurant to cater to guests’ taste buds.

The hotel will cater to individual guests or FITs, walk-in guests, Groups and MICE travelers. One of the property’s biggest selling points and attractions is its prime location.

Royal Orchid Hotels is one of India’s fastest-growing hospitality brands.

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