Royal Orchid opens new hotel in Vapi

BSE listed hotel chain company, Royal Orchid Hotels, informed that it opened another hotel in Gujarat ’s Vapi region. 
  
Vapi City is an industry dominated region, especially small scale industry. Hence the company has offered its hotel with amenities such as banquet space for corporate and business events. It is expected to give Royal a competitive advantage over its peers in terms of industrial tie-ups. Vapi is strategically important as major cities such as Mumbai, Surat are 180 km and 120 km away from here. Both the Union territories, Daman and Dadra and Nagar Haveli, are only 12–40 km from Vapi, which has good residential and commercial areas. Daman and Silvassa attract tourists from all over the world and is expanding its footprints as a major tourist destination. 
  
Hotel is named Regenta Central Harsha, will have 57 rooms and all-day restaurant serving a combination of international plus domestic cuisines. It consists of a large banquet hall suitable for parties, corporate and business meetings. 
  
Royal Orchid Hotels primarily operates in a mix of 5 star, 4 star, leisure, business and adventure hotel chain. It operates around 48 hotels across the country. 
  

On Wednesday, at 14:05 hours, the stock traded with gains of almost 0.69 per cent at Rs. 101.45 per share on BSE.