Expansion21 Jul 2026, 04:17 pm
Royal Orchid Hotels Expands Iconiqa Collection with Vadodara Resort
AI Summary
Royal Orchid Hotels Ltd., through its subsidiary Royal Orchid Goa Private Limited, has signed a revenue-sharing agreement for the Laxminarayan Palace Resort in Vadodara. This marks the expansion of the company's 'Iconiqa Collection' of unique upscale hotels. The resort, inspired by palace architecture and local heritage, features 106 rooms, extensive event spaces, and dining options. This move aligns with ROHL's asset-light growth strategy and aims to enhance its portfolio of distinctive hospitality destinations.
Key Highlights
- Royal Orchid Hotels subsidiary signs revenue-sharing agreement for Vadodara property.
- Laxminarayan Palace Resort joins the 'Iconiqa Collection' of unique hotels.
- Expansion reinforces the company's asset-light growth strategy.
- Resort offers 106 rooms, event spaces, and curated dining experiences.
- Aims to establish Vadodara's landmark destination for events and leisure.
Price Impact
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