Hotel Chain Giant Royal Orchid Hotels Ltd lines up new mid-market brand, Latest Stock Price
Hotel chain operator Royal Orchid Hotels Ltd plans to add a new brand in the Indian mid-market space in the next couple of months to expand its portfolio, a top official said on Wednesday.
"As things emerge, we will be adding categories of hotels so we are planning to add a couple of new brands. These will be in the mid-market space," Managing Director Chander Baljee said in an interview.
"In the five-star segment we have the Royal Orchid brand, in four-star, Royal Orchid Central, and maybe a notch below that we are planning to put another brand," Baljee said, adding a new brand is likely to be launched in the next two months.
Hotel chain operator Royal Orchid Hotels Ltd plans to add a new brand in the Indian mid-market space in the next couple of months to expand its portfolio, a top official said on Wednesday.
"As things emerge, we will be adding categories of hotels so we are planning to add a couple of new brands. These will be in the mid-market space," Managing Director Chander Baljee said in an interview.
"In the five-star segment we have the Royal Orchid brand, in four-star, Royal Orchid Central, and maybe a notch below that we are planning to put another brand," Baljee said, adding a new brand is likely to be launched in the next two months.
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