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  • Hotels sector Q2 review: Make hay while the sun shines

    Hotels sector Q2 review: Make hay while the sun shines

    Companies are now strategically concentrating on expanding the retail and mid-corporate segment, where there is more pricing power. This would help to improve margin, given the upcycle phase in the industry

  • Hotels Sector Q1 review: Growth momentum to continue on improving dynamics

    Hotels Sector Q1 review: Growth momentum to continue on improving dynamics

    Hotel companies reported an encouraging performance amid rising room rates and occupancies. With a favorable supply demand situation we stay positive on the growth story for the sector

  • Ideas for profit: Time to check into these hotels

    Ideas for profit: Time to check into these hotels

    We have high conviction on Indian Hotels and it remains our top pick. From the midcap space, we like Royal Orchid.

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

    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.

  • Royal Orchid plans to start 5-6 new hotels before March 2017

    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 Orchid aims to add 600 rooms to their portfolio

    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.

  • To add 1500 rooms over next 2 years: Royal Orchid

    To add 1500 rooms over next 2 years: Royal Orchid

    In an interview with CNBC-TV18, Keshav Baljee, President, Royal Orchid, spoke about the results and his outlook for the company.

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