Why is Royal Orchid confident of healthy revenues from new hotel?

In an interview with CNBC-TV18, Keshav Baljee, president of Royal Orchids said, "We expect the hotel to generate healthy revenues. But, in terms of this quarter or next, we don’t expect it to add significantly to the topline."

March 22, 2011 / 21:20 IST
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Royal Orchid Hotels has announced the launch of it's new hotel, Royal Orchid Central Shimoga, at Shimoga. The above hotel has 108 guest rooms in addition to bar, specialty restaurants, conference hall and other facilities. With the opening of this hotel, the company will have 15 hotels across eight cities in India.

In an interview with CNBC-TV18, Keshav Baljee, president of Royal Orchids said, "We expect the hotel to generate healthy revenues. But, in terms of this quarter or next, we don
first published: Mar 22, 2011 02:50 pm

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