Royal Orchid Hotels launches Z by Regenta City Centre Ahmedabad

1 min read     Updated on 09 Jun 2026, 04:56 AM
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Reviewed by
Suketu GScanX News Team
AI Summary

Royal Orchid Hotels Ltd. launched Z by Regenta City Centre Ahmedabad on June 08, 2026, marking a step in its Vision 2030 strategy. The 43-room hotel in Vastrapur offers modern amenities, dining, and conference facilities. The company partnered with PrimeStay Hospitality for the project.

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Royal Orchid Hotels Ltd. has expanded its footprint in Gujarat with the launch of Z by Regenta City Centre Ahmedabad. The new property, opened on June 08, 2026, is designed to cater to business and leisure travelers seeking contemporary amenities and digital-first conveniences. The launch marks a significant step in the group's Vision 2030 growth strategy, strengthening its presence in a key commercial market.

The hotel is strategically located in the upscale Vastrapur area at Sunrise Park, positioned between Himalaya Mall and Vastrapur Lake. It offers connectivity to major transportation hubs, situated approximately 15 km from Sardar Vallabhbhai Patel International Airport, 10 km from Ahmedabad Railway Station, and 7 km from the State Transport Bus Stand. The location provides access to business districts and attractions such as Sabarmati Ashram, Kankaria Lake, Riverfront, Akshardham Temple, Ahmedabad One Mall, and Himalaya Mall.

Z by Regenta City Centre Ahmedabad features 43 accommodations, comprising 42 Deluxe Rooms (180 sq. ft.) and 1 Suite (250 sq. ft.). Rooms are equipped with modern amenities including high-speed Wi-Fi, ergonomic workstations, tea and coffee makers, LED televisions, minibars, electronic safes, and the brand's signature Z Hug Pillows. The property operates under the Z by Regenta brand, which targets Gen Z and millennial travelers with affordable pricing and energetic design.

Key Property Features

Feature Details
Accommodations 42 Deluxe Rooms (180 sq. ft.), 1 Suite (250 sq. ft.)
Dining Neighbourhood all-day dining restaurant (7:00 AM to 11:00 PM)
Conference Hall 1 2,500 sq. ft.; 200 guests (theatre), 150 guests (classroom)
Conference Hall 2 1,085 sq. ft.; 100 guests (theatre), 65 guests (classroom)

The culinary experience at the hotel is anchored by Neighbourhood, an all-day dining restaurant offering an extensive vegetarian menu. The menu includes soups, salads, sandwiches, pizzas, comfort foods, Indian specialties, Oriental cuisine, bowls, and beverages. Additionally, guests have access to a lobby vending machine offering premium snacks and beverages round the clock.

Mr. Chander K. Baljee, Chairman & Managing Director of Royal Orchid Hotels Ltd., stated that Ahmedabad's cultural heritage and growing millennial traveler base make it an ideal destination for the Z by Regenta brand. The company has partnered with PrimeStay Hospitality for this project. PrimeStay Hospitality is a venture founded by partners including promoters of Wireless Teleinfra Private Limited, a telecom infrastructure company headquartered in Ahmedabad.

Historical Stock Returns for Royal Orchid Hotels

1 Day5 Days1 Month6 Months1 Year5 Years
-1.28%-5.50%-9.44%-19.12%-17.86%+246.46%

How will the introduction of the Z by Regenta brand impact Royal Orchid Hotels' average room rates and occupancy metrics in the Gujarat region?

Does the partnership with PrimeStay Hospitality signal a shift in Royal Orchid's strategy towards asset-light expansion models for future Vision 2030 targets?

What are the projected revenue contributions from the new Ahmedabad property to the company's overall financial performance in the upcoming fiscal year?

Royal Orchid Hotels completes sale of Multi Hotels for USD 3.41 million

1 min read     Updated on 03 Jun 2026, 03:51 AM
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Reviewed by
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AI Summary

Royal Orchid Hotels Limited completed the sale of its subsidiary Multi Hotels Limited to Greenleaf Properties Limited for USD 3,412,500 on June 2, 2026. The transaction, executed on January 29, 2026, involved the transfer of shares held by the Chairman and Managing Director and was conducted at arm's length.

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Royal Orchid Hotels Limited has completed the sale of its wholly owned subsidiary, Multi Hotels Limited, to Greenleaf Properties Limited for a total consideration of USD 3,412,500. The transaction concluded on June 2, 2026, following the receipt of the final installment. Consequently, Multi Hotels Limited has ceased to be a subsidiary of Royal Orchid Hotels Limited with effect from June 2, 2026.

The Share Purchase Agreement for the sale was executed on January 29, 2026. The buyer, Greenleaf Properties Limited, is a company registered in Tanzania and does not belong to the promoter or promoter group of Royal Orchid Hotels Limited. The target entity, Multi Hotels Limited, belongs to the hospitality industry and had not commenced operations during the last financial year.

The transaction involved multiple parties, including Mr. Chander Kamal Baljee, Chairman and Managing Director of Royal Orchid Hotels Limited, who held 3.33% shares in Multi Hotels Limited. He transferred his shareholding to Mr. Abdulhamid Haroon Pirmohamed as part of the agreement. The transaction was conducted at arm's length, despite the involvement of related parties such as Mrs. Sunita Baljee and Mr. Keshav Baljee, who are directors of the company.

Transaction Details

Detail Information
Name of Target Multi Hotels Limited
Date of Agreement January 29, 2026
Date of Completion June 2, 2026
Sale Consideration USD 3,412,500
Buyer Greenleaf Properties Limited
Industry Hospitality

The disclosure was made in accordance with Regulation 30 read with Schedule III Part A Para A (1) of the SEBI (LODR) Regulations, 2015. The sale was not pursuant to a scheme of arrangement.

Historical Stock Returns for Royal Orchid Hotels

1 Day5 Days1 Month6 Months1 Year5 Years
-1.28%-5.50%-9.44%-19.12%-17.86%+246.46%

How does Royal Orchid Hotels plan to utilize the USD 3.41 million proceeds from the sale?

Will the exit from Multi Hotels Limited allow Royal Orchid to focus resources on core operational assets?

What are Greenleaf Properties' strategic intentions for the dormant hospitality asset in Tanzania?

More News on Royal Orchid Hotels

1 Year Returns:-17.86%