Kamat Hotels (India) Ltd (KHIL) has announced the signing of its second property in North Goa under the ‘IRA by Orchid’ brand, further expanding its footprint in one of India’s most popular leisure destinations. The hotel, scheduled to open by September 30, 2025, will operate under a management agreement.
The upcoming property will feature 43 guest rooms, a swimming pool, banquet hall, in-house restaurant, and a fully equipped health club, combining comfort with Orchid’s signature eco-friendly hospitality.
Commenting on the development, Dr. Vithal Kamat, Executive Chairman & Managing Director, said, “We are delighted to announce our new hotel in North Goa, a destination with immense potential for hospitality and tourism. This addition marks another milestone in our IRA by Orchid growth journey, as we continue to offer sustainable, world-class experiences across India.”
Adding to this, Vishal Kamat, Executive Director, noted, “North Goa has always been a preferred choice for travelers. With IRA by Orchid Hotel, we aim to provide guests with an authentic yet sustainable hospitality experience. Its facilities will serve both leisure and business travelers, making it a perfect blend of comfort, convenience, and our eco-conscious ethos.”
KHIL operates a diverse portfolio of luxury and mid-premium hotels across India under brands such as The Orchid, Fort JadhavGadh, Mahodadhi Palace, Lotus Resorts, and IRA by Orchid. The company continues to pursue expansion through lease agreements, revenue sharing, and management contracts.
For Q1 FY26, KHIL reported a 240.2% jump in consolidated net profit to INR3.64 crore, on a 12.1% rise in revenue from operations to INR 82.1 crore compared to Q1 FY25.
