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An announcement from Kamat Hotels (India) Ltd ( (IN:KAMATHOTEL) ) is now available.
Kamat Hotels (India) Ltd. has announced the signing of an agreement to manage and operate its second luxury boutique hotel in Nashik, Maharashtra, under The Orchid brand. This new hotel will feature 57 guest rooms and various amenities, aiming to serve both business and leisure travelers. The expansion marks a significant milestone in KHIL’s growth strategy, reinforcing its commitment to Maharashtra’s hospitality market. The hotel is expected to be fully operational by March 2026, further enhancing Nashik’s appeal as a destination known for its cultural heritage and emerging business landscape.
More about Kamat Hotels (India) Ltd
Kamat Hotels (India) Ltd. (KHIL) is a leader in environmentally sensitive Indian hospitality services, offering luxury accommodations and dining experiences under its flagship brand, The Orchid. The company focuses on catering to both business and leisure travelers, with a strong presence in Maharashtra.
Average Trading Volume: 10,760
Technical Sentiment Signal: Strong Buy
Current Market Cap: 7.23B INR
Learn more about KAMATHOTEL stock on TipRanks’ Stock Analysis page.