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Royal Orchid Hotels Ltd Unveils Regenta Place Vasco, its Fifth Property in Goa

Posted On : 2024-03-01 14:48:37( TIMEZONE : IST )

Royal Orchid Hotels Ltd Unveils Regenta Place Vasco, its Fifth Property in Goa

Royal Orchid Hotels Ltd, a leading name in the hospitality sector, announces the launch of its newest property Regenta Place Vasco, marking its strategic expansion into the vibrant market of Goa. Nestled in the enchanting Mormugao peninsula region, amidst the serene beauty of Vasco da Gama, this exquisite property epitomizes Royal Orchid's commitment to preserving historical legacies while venturing into key markets.

Situated against the picturesque backdrop of the renowned Vaddem Lake and surrounded by a natural harbour, Regenta Place Vasco Regenta offers 37 elegantly appointed accommodations equipped with state-of-the-art amenities, seamlessly blending modern luxury with Goan hospitality. Strategically located just 3.2 km from Dabolim International Airport and 1.9 km from Vasco da Gama Railways Station, the hotel caters to both business and leisure travelers, providing easy access to key transportation hubs and tourist attractions.

Chander K Baljee, Chairman and Managing Director of Royal Orchid & Regenta Hotels, expressed his excitement about the new property, emphasizing its significance in expanding the company's MICE offerings and catering to the diverse needs of local and international visitors. "Goa is not only a renowned tourist destination but also a thriving business hub," he remarked.

Philip Logan, COO of Royal Orchid & Regenta Hotels, highlighted the unique design and architectural blend of Regenta Place Vasco, aimed at captivating travelers and reshaping Goa's hospitality landscape. "Our expansion strategy in Goa underscores our commitment to offering exceptional experiences in iconic destinations," he added. In addition to its luxurious accommodations, Regenta Place Vasco boasts a host of amenities including a swimming pool, multi-cuisine restaurant, conference hall, and a banquet hall spanning 1485 sqft, ideal for social gatherings and weddings.

Shares of Royal Orchid Hotels Limited was last trading in BSE at Rs. 395.30 as compared to the previous close of Rs. 396.45. The total number of shares traded during the day was 28879 in over 1598 trades.

The stock hit an intraday high of Rs. 402.75 and intraday low of 382.80. The net turnover during the day was Rs. 11285441.00.

Source : Equity Bulls


RoyalOrchidHotels INE283H01019 RegentaPlaceVasco 5thProperty Goa