Royal Orchid Hotels is accelerating its expansion plans, targeting a portfolio of 345 hotels and 22,000 rooms by 2030 under its Vision 2030 strategy. The hospitality group reported strong revenue and EBITDA growth in the first quarter of FY27, supported by new property additions and sustained demand across key markets.
For the quarter ended June 30, 2026, Royal Orchid Hotels recorded a 38.5% year-on-year rise in consolidated total income to ₹114.70 crore, compared with ₹82.80 crore in the corresponding quarter last year. Consolidated EBITDA increased 39.1% to ₹32.93 crore from ₹23.67 crore.
The company reported a consolidated profit after tax of ₹6.79 crore, compared with ₹11.19 crore in Q1 FY26. Royal Orchid said the adoption of Ind AS resulted in a notional increase in depreciation and finance costs, affecting consolidated PAT during the quarter.
Portfolio Expansion Continues
During the quarter, Royal Orchid Hotels added five new properties and 237 rooms across Hyderabad, Tirupati, Ahmedabad and Rishikesh. Including signed properties, the group’s portfolio has now grown to more than 123 hotels with approximately 11,350 keys.
The company currently has a development pipeline of more than 50 properties representing over 3,600 keys. Its expansion strategy is focused on business corridors, pilgrimage destinations, leisure markets and major metro gateway locations.
Royal Orchid is pursuing an asset-light growth model, relying on management contracts and other low-capital expansion approaches to increase its presence across India's hospitality market.
Focus on High-Growth Travel Markets
Chander K. Baljee, Chairman and Managing Director of Royal Orchid Hotels, said the company’s first-quarter performance was supported by portfolio expansion, operational efficiencies and continued demand across its key markets.
He added that the company intends to strengthen its presence in high-potential business, leisure and pilgrimage destinations, while maintaining disciplined capital allocation.
The group also plans to introduce new brand categories as part of its expansion strategy. According to the company, its growing pipeline and diversified portfolio position it to benefit from India's expanding domestic travel and hospitality market.
Dividend and Corporate Updates
The Royal Orchid Hotels board has recommended a 25% final dividend, equivalent to ₹2.50 per equity share, for FY26, subject to shareholder approval. The record date has been set for August 28, 2026, with payment proposed from September 26.
The company’s 40th Annual General Meeting is scheduled for September 26, 2026, and will be conducted through video conferencing or other permitted audio-visual means.
With more than 50 properties in its development pipeline and a long-term target of 345 hotels and 22,000 keys, Royal Orchid Hotels is positioning itself for significant growth as demand for branded accommodation continues to expand across India's business, leisure and pilgrimage markets.
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