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Royal Orchid Hotels Limited ( (IN:ROHLTD) ) has issued an announcement.
Royal Orchid Hotels Limited has announced the signing of a new upscale lifestyle property in Mussoorie, Uttarakhand, enhancing its presence in the region to six hotels. This new 70-key hotel aims to elevate the wedding and experiential tourism landscape with luxurious suites, diverse dining options, and facilities for events, set amidst picturesque views of the Doon valley. The expansion aligns with the state’s initiatives to improve connectivity to tourist destinations, potentially boosting the company’s market positioning and stakeholder value.
More about Royal Orchid Hotels Limited
Royal Orchid Hotels Limited operates in the hospitality industry, focusing on upscale lifestyle properties. The company offers luxurious accommodations, dining options, and facilities for events such as weddings and conferences, with a market focus on experiential and wedding tourism.
YTD Price Performance: 2.17%
Average Trading Volume: 8,826
Current Market Cap: 10.59B INR
Find detailed analytics on ROHLTD stock on TipRanks’ Stock Analysis page.