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  • Hotels sector Q2 review: Make hay while the sun shines Nov 29, 2018 12:42 PM IST

    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 Sep 05, 2018 06:45 PM IST

    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 Jun 14, 2018 04:24 PM IST

    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 Nov 16, 2017 01:50 PM IST

    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 Oct 26, 2016 11:08 AM IST

    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 May 30, 2011 06:59 PM IST

    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 Jan 22, 2011 04:04 PM IST

    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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