Royal Orchid Hotels plans to open 35 new properties, boasting a total of 2,000 rooms, by the end of FY25.

Royal Orchid Hotels is planning to add 30-35 new properties with about 2,000 rooms in the 2024-25 fiscal as part of its expansion plans across India, according to its Chairman and Managing Director Chander K Baljee.

The company, which operates hospitality properties under the Royal Orchid and Regenta brands, is also looking to expand its wedding destination portfolio by adding four to five locations every year.

We are expanding very fast. We have already crossed 100 hotels, and I think this coming year (2024-25), have already signed up for another 30-35 (hotels to be added)," Baljee told.

In terms of places where these new hotels will come up, he said, "We're looking at all over India. In fact, are we trying to focus on places where we are not present right now like Andhra Pradesh, Telangana and some other places".

When asked about the total number of rooms that will be added through the new properties, he said, "I think there should be an addition of approximately 2,000 rooms".

These new properties will be across various segments under the management contract, he said, adding there would not be any company-owned properties but some properties would be on a flexi-lease revenue sharing model. (Source: PTI)