Royal Orchid Hotels to expand presence in India
The Royal Orchid Hotels (ROHL) plans to expand its presence in India by setting up properties across the countries either independently or in partnership/JV with other firms. The company has raised funding from an IPO and venture capital for expansion purposes.
Royal Orchid has just recently established the Royal Orchid Brindavan Garden in Mysore. Next on the expansion list include hotels in Hyderabad and Jaipur in 2006 and a property in Pune in 2007.
By INRnews Correspondent
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