Royal Orchid Shares Soar as New Property in Himachal Pradesh Inaugurated

Royal Orchid & Regenta Hotels Ltd witnessed a surge of 7.15% in its shares following the inauguration of its seventh property in Himachal Pradesh. The newly opened establishment, Regenta Inn Luxinna, Bhagsung, is nestled in the serene hill town of McLeodganj.

Chander K Baljee, Chairman and Managing Director, underscored the vital role of the tourism sector in contributing to Himachal Pradesh's State Gross Domestic Product (SGDP). He expressed the company's dedication to providing a secure and welcoming experience for both leisure and business travelers.

Set amidst cedar woods with panoramic views of the Himalayas at an elevation of 7,010 feet, the property boasts 28 rooms, including Studio Balcony, Premium Balcony, and Executive Balcony rooms. The facility also features an open rooftop terrace, enhancing the overall experience for guests seeking a tranquil retreat in the picturesque landscapes of Himachal Pradesh. The positive market response to the inauguration highlights the growing appeal and strategic expansion of Royal Orchid & Regenta Hotels Ltd.

HBL