Royal Orchid Plans 50 New Hotels Amid Domestic Travel Boom | PiQ Markets
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Royal Orchid Plans 50 New Hotels Amid Domestic Travel Boom
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IN SHORT
Royal Orchid Hotels is set to open at least 50 new properties in India within 12 to 18 months, anticipating a boom in domestic travel due to rising international travel costs. Luxury luggage brand Delsey Paris plans to double its investment in India over the next three years, aiming for significant business growth. Separately, TDI Infratech will invest Rs 75 crore to develop a 53-key Ramada by Wyndham hotel in Haryana, scheduled for a Q2 2028 opening.
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Key Numbers
50new hotels planned by Royal Orchid Hotels
12 to 18 monthstimeline for Royal Orchid Hotels' expansion
3 yearstimeline for Delsey Paris' investment doubling
Rs 75 croreinvestment by TDI Infratech
53-keynumber of keys for Ramada by Wyndham hotel
Who's Involved
Royal Orchid Hotels
hotel chain planning expansion in India
Delsey Paris
luxury luggage brand doubling investment in India
TDI Infratech
company investing in a new hotel in Haryana
Ramada by Wyndham
hotel brand for TDI Infratech's new property
Key facts
Royal Orchid Hotels plans to open at least 50 new hotels in India.
The expansion by Royal Orchid Hotels is expected within 12 to 18 months.
Royal Orchid Hotels anticipates a surge in domestic tourism.
Geopolitical tensions and a weaker rupee are cited as reasons for increased domestic travel.
Delsey Paris plans to double its investment in India.
Delsey Paris aims to double its business in India over the next three years.
TDI Infratech will invest Rs 75 crore in a hotel project.
The hotel developed by TDI Infratech will be a 53-key Ramada by Wyndham.
The TDI Infratech hotel will be located in Panipat, Haryana.
The Ramada by Wyndham hotel is slated to open in Q2 2028.
Royal Orchid Hotels is planning a significant expansion in India, with a target to open at least 50 new hotels within the next 12 to 18 months. This aggressive growth strategy is underpinned by an expected surge in domestic tourism. Factors contributing to this anticipated boom include ongoing geopolitical tensions and a weakening Indian rupee, which collectively make international travel less affordable for Indian consumers. The company aims to capitalize on this shift towards domestic travel.
In parallel, the luxury luggage brand Delsey Paris has announced its intention to double its investment in the Indian market over the coming three years. This increased financial commitment is aimed at doubling the company's business operations within India. Despite facing global economic headwinds, Delsey Paris identifies India as a crucial market for future growth and is prioritizing its expansion there.
Further contributing to the hospitality sector's development, TDI Infratech is set to invest Rs 75 crore in a new hotel project. This investment will fund the development of a 53-key Ramada by Wyndham hotel located in Panipat, Haryana. The hotel is an integral part of TDI Infratech's larger mixed-use development, TDI Connaught Estate. The opening of this hotel is projected for the second quarter of 2028.
These diverse investments signal a strong confidence in India's market potential across various sectors, including hospitality and travel-related goods, despite broader global economic uncertainties.
↳ Why This Matters
Royal Orchid Hotels is planning a significant expansion in India, with a target to open at least 50 new hotels within the next 12 to 18 months. This aggressive growth strategy is underpinned by an expected surge in domestic tourism. Factors contributing to this anticipated boom include ongoing geopolitical tensions and a weakening Indian rupee, which collectively make international travel less affordable for Indian consumers. The company aims to capitalize on this shift towards domestic travel.
Frequently asked questions
Royal Orchid Hotels plans to open at least 50 new hotels in India within the next 12 to 18 months, aiming to increase its room inventory to approximately 11,000 by the end of 2027.
Geopolitical tensions, increased airfares, reduced flight capacity, and a weaker rupee are making international travel more expensive, leading Indians to opt for domestic holidays.
The company follows an asset-light model, utilizing management contracts and franchising to enable rapid expansion with minimal capital.
What Happens Next
01Royal Orchid Hotels will aim to open 50 new hotels within 12 to 18 months.
02The company will continue to explore expansion opportunities in Sri Lanka and Nepal.
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