In a bid to take its overall portfolio to more than 4,000 rooms and 60 hotels in 40-odd locations, Regenta & Royal Orchid Hotels (RROH) will add about 500 hotel rooms across nine hotels.
This will be done over the next six months using the management contract route, said Chander K Baljee, managing director, RROH.
A mid-tier hospitality firm, RROH is also looking to double the number of existing hotels to over 100 with room inventory growing in the range of 60% to 70% over the next two to three years.
Baljee added: “The immediate additions are being made primarily through management contracts. However, the next phase of growth will see us use a combination of franchise, management, revenue sharing and leasing options to breach the figure of 100 hotels by 2022.
While the number of hotels will double, the increase in guest rooms will not be in the same proportion because guestroom inventory may not be uniform across all the new hotels.”
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