Royal Orchid Hotels Signs Agreement for 51-Key Resort in Bathinda
Filing Summary
Royal Orchid Hotels Ltd. has announced the signing of a new 51-key Regenta Resort in Bathinda, Punjab. The property, developed in partnership with Firdaus Hotels Pvt. Ltd., will operate under a management agreement. The resort spans 2.2 acres and includes facilities such as a multi-cuisine restaurant, swimming pool, and event spaces. Bathinda is a growing hub for agriculture and industry, enhancing its appeal for both leisure and business travelers. The resort is strategically located near major transport links, facilitating easy access for visitors.
Royal Orchid Hotels Ltd. has entered into a management agreement for a new 51-key Regenta Resort in Bathinda, Punjab. The agreement is in partnership with Firdaus Hotels Pvt. Ltd. and aims to expand the company’s presence in the region. The resort is situated in Bathinda, a city known for its historical and industrial significance, and is part of the company’s strategy to enhance its footprint in key regional centers.
The financial terms of the agreement have not been disclosed in the filing. The partnership with Firdaus Hotels Pvt. Ltd. involves a management agreement, indicating that Royal Orchid Hotels will oversee the operations of the new resort. This strategic move aligns with the company’s focus on expanding its portfolio in Tier-II cities with significant tourism and business potential.
The Regenta Resort in Bathinda will cover an area of 2.2 acres with a total built-up area of 80,500 square feet. The resort will feature 51 well-appointed rooms, a multi-cuisine restaurant and bar, a swimming pool, a gymnasium, and spa and wellness facilities. Additionally, the property will offer multiple banquet halls and event spaces, along with two expansive lawns suitable for weddings and social gatherings. These facilities are designed to cater to both leisure and business travelers, providing a blend of comfort and functionality.
Bathinda is one of Punjab’s oldest cities, with a history spanning over 1,200 years. It has evolved into a hub for agriculture, defense, and industry, attracting visitors for its blend of heritage and modernity. The city’s improved infrastructure and expanding road connectivity make it an attractive market for both leisure and business travel in North India. The resort’s location, 15 km from Bathinda Railway Station and 38 km from Bathinda Airport, ensures smooth connectivity to the national highway network.
The timeline for the resort’s development and opening has not been specified in the filing. However, the strategic location and comprehensive facilities are expected to enhance the appeal of the property to a diverse range of travelers. The management agreement with Firdaus Hotels Pvt. Ltd. signifies a collaborative effort to deliver high-quality hospitality experiences in the region.
Firdaus Hotels Pvt. Ltd. is involved in the development of hospitality properties, focusing on delivering premium experiences to guests. The partnership with Royal Orchid Hotels reflects a shared vision of offering exceptional comfort and quality service in emerging markets.
Royal Orchid Hotels Ltd. is a rapidly growing hotel chain in India, operating over 110 hotels across the country. The company focuses on 5-star, 4-star, and resort properties, targeting both business and leisure travelers. Royal Orchid Hotels is listed on the Bombay and National Stock Exchanges and is committed to expanding its presence in key markets through strategic partnerships and management agreements.