Royal Orchid Hotels has plans to launch three new brands including a new upscale five star brand for which it signed a new 300-rooms hotel at Mumbai International airport on 04 April, 2024, which is its largest yet. The other two brands will be introduced as smart basics brand and a boutique brand.
The Mumbai hotel with the new five star brand will open in this financial year. The Mumbai hotel will have four different F&B zones with new fetaures, including a retail as well as a dine-in component. It will also incorporate a rooftop infinity edge pool.
NOESIS Capital Advisors facilitated the process for acquiring the operational rights of the Mumbai hotel for Royal Orchid Hotels.
The chain recently signed another 288 keys hotel in Surat, which would be launched under the new five star brand. Royal Orchid Hotels will open 35 hotels this year. As it looks to add about 2,000 rooms this year, it will also look at both greenfield and brownfield conversion opportunities.