Nov 29, 2018 12:42 PM IST
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
Sep 05, 2018 06:45 PM IST
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
Jun 14, 2018 04:24 PM IST
We have high conviction on Indian Hotels and it remains our top pick. From the midcap space, we like Royal Orchid.
Nov 16, 2017 01:50 PM IST
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.
Oct 26, 2016 11:08 AM IST
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.
May 30, 2011 06:59 PM IST
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.
Jan 22, 2011 04:04 PM IST
In an interview with CNBC-TV18, Keshav Baljee, President, Royal Orchid, spoke about the results and his outlook for the company.