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Expect consolidated FY19 EBITDA to be at Rs 50 crore: Royal Orchid

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.

Higher ARR & occupancy will have better impact on margins & net profit: Royal Orchid

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.

Expect occupancy rate to rise to 80% going ahead: Royal Orchid Hotels

Current average room rate (ARR) is at Rs 3,600 and the company is looking to increase the same, Amit Jaiswal, CFO of Royal Orchid told CNBC-TV18.

Hotel operations in Jaipur may turnaround in FY18: Royal Orchid

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.

GST rate for hotel bookings at 18% positive for company: Royal Orchid

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 plans to start 5-6 new hotels before March 2017

The average revenue per room has risen by 5 percent year-on-year in the second quarter of current fiscal. Jaiswal is confident that the ARR will keep climbing up every quarter.

Royal Orchids to add 12 hotels annually; debt at Rs 154cr

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.

Royal Orchid aims to add 600 rooms to their portfolio

CK Baljee, Chairman of Royal Orchids, in an interview with CNBC-TV18’s Sonia Shenoy and Ekta Batra, gave his perspective of the fourth quarter performance and their divulged future plans.

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."