Royal Orchid Hotels has opened a hotel ‘Regenta Central’ located at NH 21, near Chandigarh Airport, Zirakpur in Chandigarh. With the opening of the above hotel, the company has now 23 hotels across 16 cities in India.
The above hotel is with 66 guest rooms in addition to bar, specialty restaurant, conference hall and other facilities. Recently, the company had opened a contemporary five star business hotel ‘Regenta One’ at ISB Road, Gachibowli in Hyderabad.
The company has reported net loss of Rs 2.73 crore for the quarter ended March 31, 2012 as compared to Rs 1.27 crore as for the March quarter of the previous year. Company’s total income has increased by 2.52% to Rs 26.49 crore for the quarter from Rs 25.84 crore for the March quarter of the previous year.