Royal Orchid set to double room base

With a view to leveraging the rebound in occupancy rates and the possibility of an IT/BFSI sector revival, Royal Orchid Hotels Ltd (ROHL) plans to double its room base to about 2,000 rooms over the next three to four years from 989 in fiscal 2009. The expansion is expected to absorb a capex of Rs 370

See the article here:
Royal Orchid set to double room base

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Tagged as: bfsi, double-its, four-years, from-989, hotels, hyderabad, jaipur, new-projects, possibility, rebound, room-base, royal, royal orchid hotels ltd, royal-orchid, sector-revival

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