Royal Orchid Hotels reports income of ₹48.67 cr in Q4 FY 22-23

    Royal Orchid Hotels has announced its financial results for the quarter and period ending on 31 March 2023. The hotel chain reported standalone income at 48.67 cr in Q4 FY 22-23 and consolidated income at 76.54 cr in Q4. Chander K Baljee, Chairman & Managing Director, Royal Orchid Hotels expressed, “This year has been significant for us in multiple aspects—commemorating our 50 years in the industry, expanding internationally, and sustaining business success. We provide a value-driven luxury experience to every Indian through our portfolio of over 90 hotels and 5,442 keys till date. The resurgence of travel affirms our belief in the ever-evolving Indian traveller, whether for leisure or business purposes. Our strategic plan involves expanding the Regenta brand into Tier 2 & 3 cities, exploring smaller cities with promising potential.”