sector: Cyclical Consumer Goods & Services ·
industry: Hotels, Motels & Cruise Lines ·
As of
24 Nov 2009
71.70INR
Royal Orchid Hotels Limited is an India-based company. The Company is engaged in the management of hotels/holiday resorts and related services. The Company’s hotel properties include Hotel Royal Orchid, Royal Orchid Central, Royal Orchid Resorts and Ramada in Bangalore, Royal Orchid Metropole and Royal Orchid Brindavan, heritage properties in Mysore, Royal Orchid Central, Pune and Jaipur, and Royal Orchid Galaxy Resorts, Goa. The Company’s subsidiaries include Icon Hospitality Private Limited, Maruti Comforts and Inn Private Limited, Royal Orchid Hyderabad Private Limited, AB Holdings Private Limited, Royal Orchid Jaipur Private Limited and Royal Orchid South Private Limited.
BRIEF: For the three months ended 30 June 2009, Royal Orchid Hotels Limited's revenues decreased 32% to RS259M. Net income decreased 98% to RS1.6M. Revenues reflects decreased income from operations. Net income also reflects increased depreciation expense and lower other income. The hotel has 12 other hotels in 6 destinations. It offers loyalty programs, food festivals and holiday packages, etc. The company is engage into management of hotels.
Royal Orchid Hotels Limited
No.1, Golf Avenue
Adjoining KGA Golf Course
Airport Road
Bangalore 560 008
P: +9180.25584242
F: +9180.25587609