The news: Royal Orchid Hotels Ltd. opened five new properties in Q2 FY27, adding 426 room keys to its national portfolio. The chain reported consolidated total income of Rs 116 crore (up from Rs 86.77 crore year-on-year) and EBITDA of Rs 31.66 crore, with profit after tax reaching Rs 14.73 crore compared to Rs 4.29 crore in the same period last year.
Why it matters for MICE operators: For DMCs and PCOs, this expansion signals more venue options across India for conferences and incentive events. Royal Orchid's growth in room inventory and profitability suggests improved operational capacity and reliability — critical factors when planning large delegations. The chain's financial strength also indicates stability for long-term partnership agreements and group bookings.
The takeaway: Contact Royal Orchid to explore their newly opened properties for your next conference or incentive event, especially if you're expanding into tier-2 markets.
Source: ET HospitalityWorld
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