Latest news with #RoyalOrchidHotels
Mint
2 days ago
- Business
- Mint
Breakout stocks to buy or sell: Sumeet Bagadia recommends five shares to buy today — 22 July 2025
Breakout stocks buy or sell: Strong gains in major banking stocks such as HDFC Bank and ICICI Bank lifted the Indian market benchmarks — Sensex and Nifty 50 — on Monday, July 21, helping them snap a two-day losing streak despite mixed global signals. The Sensex advanced by 443 points, or 0.54 per cent, to settle at 82,200.34, while the Nifty 50 gained 122 points, or 0.49 per cent, to close at 25,090.70. The BSE Midcap index also climbed 0.55 per cent, mirroring the benchmarks, whereas the BSE Smallcap index closed on a flat note. Sumeet Bagadia, Executive Director at Choice Broking, believes that Indian stock market is indicating a trend reversal as the Nifty 50 index has bounced back strongly after inching close to 50-DEMA support of 24,900. Speaking on the outlook of Indian stock market, Bagadia said, ' The key benchmark index is facing hurdle at 25,250. On breaking above this resistance on a closing basis, we can expect the 50-stock index to touch 25,500 and 25,700 soon. So, one should maintain stock-specific approach and look at those stocks that are looking strong on the technical chart. Looking at breakout stocks can be a good option." Sumeet Bagadia recommends five breakout stocks to buy today: Nelcast, Vintage Coffee and Beverages, Royal Orchid Hotels, Chemplast Sanmar, and KRBL. 1] Nelcast: Buy at ₹ 152.7, target ₹ 163, stop loss ₹ 147; 2] Vintage Coffee and Beverages: Buy at ₹ 146.55, target ₹ 157, stop loss ₹ 141; 3] Royal Orchid Hotels: Buy at ₹ 437.8, target ₹ 470, stop loss ₹ 422; 4] Chemplast Sanmar: Buy at ₹ 467.4, target ₹ 505, stop loss ₹ 350; 5] KRBL: Buy at ₹ 414, target ₹ 444, stop loss ₹ 399. Disclaimer: This story is for educational purposes only. The views and recommendations above are those of individual analysts or broking companies, not Mint. We advise investors to check with certified experts before making any investment decisions.
India.com
12-07-2025
- Business
- India.com
Meet Perkin Rocha who lost his father at..., studied while working, today he is owner of chain of hotels, is originally from...
Meet Perkin Rocha who lost his father at..., studied while working, today he is owner of chain of hotels, is originally from... Some people are destined to shine, no matter what. It is said that entrepreneurship cannot be taught, rather it is inherent in a person. Such was the case with Perkin Rocha had a desire to have his own hotel chain even when he was EVP in a big company like Royal Orchid Hotels. Perkin Rocha, who is founder and CEO of ECKO Hotels and Resorts had led a very difficult life but utimately got what he wanted. Where was he originally from? Parkin Rocha's family was originally Portuguese and lived in Goa. His father Michael Rocha worked for Godfrey Phillips India and was posted in Delhi. His mother Dorcy Rocha also worked here. But on September 22 1989, his father suddenly passed away. Parkin was just 13 years old at that time. Despite the circumstances, Rocha studied at Delhi's most prestigious St. Columba's School. Then persued hotel management from a prestigious institute in Darjeeling. His first job… Parkin wanted to join Army, but life had other plans for him. Rocha started working in Inter Continental Hotel as soon as he completed his hotel management. He continued studying while working and then he joined JP Basant Continental located in Vasant Kunj, Delhi. He is also made Lemon Tree a success along with Patu Keshwani and Ratan Keshwani. What turned him to be an entrepreneur? Parkin had a pet named Laila and when she died he performed her last rites and took her remains to Haridwar. It was then that it struck to Parkin to open a hotel here on the banks of the Ganga. He decided to leave his job in a big company. After this the foundation of Eco Hotels and Resorts was laid.
Business Standard
08-07-2025
- Business
- Business Standard
Royal Orchid Hotels gains on expansion in Maharashtra with new property in Solapur
Royal Orchid Hotels (ROHL) rose 1.09% to Rs 390 after the company announced a new property launch, Regenta Central Shivani, in Solapur, Maharashtra. This marks the fourth hotel the company has opened in the state this year, underscoring its commitment to expanding its footprint across key regional markets. Strategically located in the MIDC area of Solapura major industrial and commercial hub in the south-western region of Maharashtrathe new property overlooks scenic lake views and is designed to cater to both business and leisure travellers. Solapur, often referred to as the "Textile City," is known for its commercial prominence, religious significance, and proximity to major cities like Pune and Hyderabad. Regenta Central Shivani features 65 Rajasthani-themed rooms, including three accessible rooms, and comes equipped with modern amenities such as a swimming pool, spa, and gym. The property is positioned to attract a wide range of guests, from corporate visitors to tourists exploring nearby religious destinations like Tuljapur, Pandharpur, and Akkalkot. The hotel also boasts the largest common area in the city, featuring ROHLs signature all-day dining restaurant with 170 covers, a poolside bar with 40 covers, and a cozy lobby caf Ideal for small gatherings and medium-scale events, the property offers a 1000 sq. ft. meeting room, an expansive 8600 sq. ft. banquet, and a sprawling 25,000 sq. ft. lawn. Chander K. Baljee, Chairman and Managing Director of Royal Orchid Hotels Ltd., said, We are thrilled to expand our presence in Maharashtra with our 13th property in the state, addressing the growing demand for tourism and business accommodations. Solapur, with its rich tradition of textiles, handicrafts, and leather goods, serves as a strategic commercial hub with excellent connectivity to cities like Hyderabad and Pune. This expansion aligns with our plans to penetrate micromarkets with properties ranging from upscale hotels to value stays. We are excited to partner with Mathura Agro for Regenta Central Shivani, Solapur. Venugopal Karwa and Lavesh Karwa, MD of Mathura Agro Industries, added, This collaboration with ROHL is an exciting milestone for us. The introduction of the Regenta brand fresh and vibrant energy to Solapur, we look forward to offering our guests a distinctive and exceptional experience. Royal Orchid Hotels operates and manages hotels/resorts and provides related services through its portfolio of hotel properties. The company's consolidated net profit declined by 21% to Rs 13.14 crore, despite a 13.8% increase in revenue from operations, which rose to Rs 86.74 crore in Q4 FY25 compared to Q4 FY24.
Business Standard
07-07-2025
- Business
- Business Standard
Royal Orchid Hotels launches new property in Solapur
Royal Orchid Hotels (ROHL) has today launched a new property in the industrial and commercial hub of Solapur. Regenta Central Shivani, Solapur is thoughtfully crafted to offer modern conveniences, catering to both business and leisure travellers. ROHL has launched 4 properties in Maharashtra this year and continues to strengthen its foothold in the state. On in south-western region of the state, on the Bhima and Seena river basins, Regenta Central Shivani, Solapur is tactically located in MIDC area offering beautiful lake views. The property features Rajasthani Themed designed with 65 well-appointed rooms, including three accessible rooms, ensuring comfort and convenience for all guests. With modern amenities like a swimming pool, spa, and gym, it caters to both leisure and business travellers. Also known as textile city, Solapur is a leading manufacturer of many commercial goods with religious significance and rich history. Situated just four hours from urban centres like Pune and Hyderabad, the property is surrounded by iconic temples such as Tuljapur, Pandharpur, and Akkalkot. The hotel also boasts the largest common area in the city, featuring ROHL's signature all-day dining restaurant with 170 covers, a poolside bar with 40 covers, and a cozy lobby caf Ideal for small gatherings and medium scale events, the property offers a 1000 sq. ft. meeting room, an expansive 8600 sq. ft. banquet, and a sprawling 25,000 sq. ft. lawn.
Mint
09-06-2025
- Business
- Mint
India's hotel industry eyes double-digit growth in FY26 despite geopolitical headwinds
Even as geopolitical tensions tempered the first quarter of FY26, India's hotel industry is confident of steady growth in the full fiscal year. Many listed hotel players expect double-digit growth supported by improving consumer incomes, expanding infrastructure, and disciplined pricing strategies. This follows a strong FY25 that saw most hotel companies reporting strong revenue and profit gains, driven by rising travel demand from both business and leisure travellers. In the current year, too, the industry sees robust overall demand, with new hotel openings and increased investor interest signalling confidence in the sector's future. Also read | India's organised hotel industry has recovered to pre-pandemic levels: Report According to Chander K. Baljee, managing director of Royal Orchid Hotels, Q1 of FY26 saw some challenges in the North and West due to tensions with Pakistan, but overall the impact was limited. 'Most of our hotels are managed properties in the south, which were less affected because of geography," he toldMint. Baljee said Royal Orchid added 40 hotels in FY25 and plans to open about 30 more this year. Profits from these new hotels and renovations are expected to show up in the second half of FY26. Meanwhile, profitability in existing hotels remained strong, he added. Patanjali G. Keswani, chairman and managing director of Lemon Tree Hotels, had earlier toldMintthat both business and leisure travel across the industry slowed down after the Pahalgam attack in Kashmir and a brief rise in covid cases. 'Despite that, we are still on track to grow in mid-teens for the entire fiscal," he said. Keswani said with the country's economy growing at 6-7% in real terms (after adjusting for inflation) and 10-11% in nominal terms, and with more Indians earning around ₹3 lakh a month, a new group of travellers is entering the market each year. He also pointed out that better transport connections and more people owning SUVs is encouraging drive vacations and hotel stays. Attracting investments Keswani added that hotel companies that have recently gone public have attracted serious investors who want clearer and more transparent business information. In FY25, Schloss Bangalore (parent of The Leela), ITC Hotels (post demerger from ITC Ltd), Ventive Hospitality, and Brigade Hotels went public or filed for IPOs. A number of companies are likely to follow this year as well. Mandeep Lamba, president & CEO (South Asia) at hotel consultancy HVS Anarock, toldMintthat while geopolitical uncertainty may continue to cast a shadow globally, domestic demand remains strong enough to support growth in India's hotel sector. 'I don't foresee any major pressure on hotel rates. Compared to global benchmarks, pricing of hotel rooms in India is still relatively reasonable," he said. While a few overheated markets may see minor corrections in FY26, Lamba pointed to a noticeable shift in industry behaviour post-pandemic, where hotel operators are no longer reacting to short-term demand dips with deep rate cuts. Also read | Hotel industry's double-digit growth to continue this fiscal, says ICRA report 'There's a far more mature understanding that the market can sustain higher rates," Lamba said. 'Over the past two to three years, hotel operators have gained the confidence to hold pricing. Any rate corrections or adjustments today are a part of planned revenue strategies, rather than reactive pricing cuts." Prashant Biyani market analyst at Elara Capital toldMintthat for FY26, they expect a healthy double-digit growth for the industry driven by both average room rates and occupancy, He also expects more hotel companies to go public and international hotel chains to ramp up their presence in India. He said the April-June quarter of FY26 will likely do well, though not as well as earlier projected, as tensions between India and Pakistan in end-April and early May marred air travel. That said, the impact may be limited, since many north-western tourist spots enter a lean season in peak summer anyway. Lamba of HVS further added that supply in most Indian markets continues to lag demand. 'India has emerged as one of the top 8-10 global markets in terms of demand, but new supply isn't keeping pace," he said. 'With infrastructure development progressing rapidly, there's no real reason for rates to decline—unless triggered by an unforeseen macro disruption." Strong FY25 In FY25, most large hotel chains showed strong revenue growth. Indian Hotels Company Limited (IHCL), which runs the Taj brand, saw revenues rising 23% to ₹8,335 crore. ITC Hotels' revenue jumped 60% to ₹3,559 crore. Other chains like Lemon Tree, Chalet Hotels, Schloss Bangalore (The Leela), and Juniper Hotels grew 15-25%. EIH, which operates Oberoi Hotels, grew its revenues 9%, and Royal Orchid Hotels, 8.7%. Looking at profits, EIH and ITC Hotels both reported steady profit growth in FY25, with ITC's net profit rising from ₹424 crore to ₹638 crore. Vikram Oberoi, MD & CEO of EIH Ltd, in the company's recently concluded earnings call, said the company will have more opportunity to drive average room rate growth within the Oberoi Hotel ecosystem. 'With strong demand, with everything that's happening in India, over the medium to long term, we'll be able to drive greater premiums in Oberoi," he said. Meanwhile, IHCL saw net profit rise 53% to ₹2,038 crore. Lemon Tree's profit grew by 34%, and Juniper Hotels' profit nearly tripled. Schloss Bangalore turned a small loss in FY24 into a ₹47.66 crore profit in FY25. Samhi Hotels also moved from an ₹80 crore loss in FY24 to a ₹20 crore profit. Also read | Indian hotels saw a tepid Q1. Will the next quarter bring cheer? Chalet Hotels, the owner of several Marriott and Taj branded properties in India, saw its profit drop by nearly half, due to a non-cash adjustment but remained Ebitda positive. Its revenue grew 22% on the back of higher average daily room rates being charged and earnings before interest, taxes, depreciation, and amortisation —a measure of operating efficiency—increased 28%, and profit before tax rose 61%. The one-time ₹202 crore non-cash accounting adjustment lowered net profit. Excluding that, profit after tax was up 24%. Royal Orchid's revenue from operations increased steadily but profit slipped marginally by ₹3.3 crore. Baljee said profits were slightly lower last year partly because the company bought a partner's stake in its Bangalore hotel and paid upfront costs for renovating its flagship hotel in Mumbai. 'India's hotel industry RevPAR grew by 13-15% in FY25, largely due to strong room rate growth of 11-13%," said Elara's BIyani, adding that growth could have been even better if not for the dip in travel during the April-June quarter because of the general elections. RevPAR, or revenue per available room, is a simple way hotels measure how much money they're making from all their rooms, whether they're booked or not.
