Royal Orchid Hotels is in focus on the back of opening a new resort in Nashik. In an interview to CNBC-TV18, Amit Jaiswal, CFO of the company spoke at length about the same.
Hotel industry is doing very well and in the last quarter we saw 75 percent occupancy overall, said Amit Jaiswal, CFO of Royal Orchid in an interview to CNBC-TV18.
In an interview to CNBC-TV18, Amit Jaiswal, CFO of Royal Orchid Hotels spoke about the benefits from goods and services tax (GST) and his outlook going forward.
Royal Orchid Hotels is buzzing in trade, up 5 percent on the back of the new goods and services tax (GST) rates for hotels. In an interview to CNBC-TV18, Amit Jaiswal, CFO of the company spoke about the latest happenings in his company and sector.
Royal Orchid Hotels‘ board today gave the green signal for a debt restructuring for the company‘s Rs 154 crore debt. The stock was up Rs 2.50, or 5.79% at Rs 45.70. It touched an intraday high of Rs 47.35.
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."
In an interview with CNBC-TV18, Keshav Baljee, President, Royal Orchid Hotels, spoke about the latest happenings in his company and sector.