Royal Orchid Hotels reports 141% profit growth with INR 250.84 cr revenue – ET TravelWorld

Royal Orchid Hotels , a fast-growing hospitality group in India with over 110 hotels across the nation, has announced strong consolidated results for the nine months ending December 31, 2024. The company’s Board of Directors approved the results, revealing a significant 141 per cent growth in profit. For the nine-month period, ROHL reported consolidated revenues of INR 250.84 crore and an EBITDA of INR 71.26 crore.

The company has demonstrated impressive growth across all key metrics, including a 21 per cent quarter-on-quarter revenue increase and a remarkable 137 per cent growth in Earnings Per Share (EPS) compared to the same period last year. ROHL’s continued expansion has contributed to these results, as it added 11 hotels and 737 keys to its portfolio, bringing the total number of properties to over 110 and keys to over 6,600.

Chander K Baljee, Chairman and Managing Director of ROHL, stated, “We are pleased to report a national portfolio growth in our results with consolidated revenues for the quarter at INR 250.84 cr and an EBITDA of INR 71.26 cr. Our company has shown robust results in every metric, with 21 per cent QoQ Revenue growth, and a growth of 137 per cent in EPS over the same period last year.”

Looking ahead, ROHL is focusing on further expansion with a confirmed pipeline of development and conversion assets. The company is also rolling out new brands and formats, such as the exclusive pop-up resort at Prayagraj, designed to cater to guests visiting the Mahakumbh in 2025. Regenta, the company’s growing hotel brand, continues to be a key driver of growth, with over 90 Regenta hotels operating across various categories. Regenta Rewards, the group’s umbrella loyalty platform, will connect all 110+ properties, including the new hotels planned for the year.