Royal Orchid & Regenta Hotels Launches Regenta Suites Gurugram

India's fastest growing hospitality chain with a diverse portfolio of hotels now operates 70+ hotels across 45+ locations in India. The brand recently announced the opening of Regenta Suites in Gurugram- just 24 kms from Indira Gandhi International Airport.

The newly launched hotel is located in the heart of Gurugram's new IT & ancillary district- Sohna Road. Adjacent to Element One Mall and offering easy accessibility to the business district, city centre and other entertainment hubs, the hotel is predicted to feed a strong demand pipeline originating from business visitors, people on vacation and inveterate shoppers.

The hotel features 90 thoughtfully designed guest rooms and suites, banquet spaces, a swimming pool and a rooftop terrace that offers breathtaking views of the city. Making it a perfect lifestyle destination, Regenta Suites is a blend of shopping mall, restaurants, entertainment and wellness facilities.

Commenting on the new launch, Mr Chander K. Baljee, Chairman & Managing Director said, "Despite several challenges and volatility faced during the last 24 months, the brand has been growing from strength to strength. With the addition of this hotel in the Millennium City of Gurugram, there will now be 2 ROHL hotels in Delhi-NCR including one in Noida. The opening of Regenta Suites into our group will further bolster our portfolio, add revenues and increase profitability in the years to come. We remain steadfast and focused on our goal to reach the milestone of 100 hotels by the end of 2022. I'm confident that in the months and years to come we will continue to grow at a phenomenal rate and reach greater height's".

Shares of Royal Orchid Hotels Limited was last trading in BSE at Rs. 93.50 as compared to the previous close of Rs. 94.00. The total number of shares traded during the day was 4396 in over 132 trades.

The stock hit an intraday high of Rs. 95.60 and intraday low of 92.80. The net turnover during the day was Rs. 412435.00.

Source : Equity Bulls

Keywords

RoyalOrchidHotels INE283H01019 ROHLTD RegentaSuites Gurugram