• October 13, 2024

Royal Orchid Hotels acquires operations rights for high-end hotel at Mumbai International Airport

NOESIS Capital Advisors announced its exclusive advisory role infacilitating Royal Orchid Hotels’ acquisition ofoperational rights for a premier 300-roomfull-service hotel, strategically positioned at Mumbai International Airport. This milestone marks the initiation of Royal Orchid Hotels’ foray into a new era of hospitality excellence, unveiling a cutting-edge 5-star hotel brand tailored to cater primarily to the discerningneeds of business travelers.

This distinguished property boasts a myriad of unique features, including multiple Food & Beverage formats and expansive banqueting space, setting it apart as an unparalleled destination for corporate clientele. Notabljo,the hotel will pioneer an innovative approach-to guest services, integrating advanced-technological amenities such as automatedironing facilities, ensuring a seamless andcomfortable stay tailored to the modernbusiness traveller.

Chander Baljee, Chairman and Managing Director of Royal Orchid Hotels, expressed his utmost confidence in the strategic significance of this transaction, emphasising its potential to dominate the market landscape. With a commitment to superior product quality, prime location, and unparalleled guest experiences, Baljee heralded this venture as a pivotal asset inRoyal Orchid Hotels’ portfolio.

Nandivardhan Jain, CEO of NOESIS Capital Advisors, said “At NOESIS, our team is exceptionally equipped to navigate the intricate terrain of complex and large-scale transactions. With a wealth of experience, unrivalled expertise and an unwavering commitment to our clients’ success, we thrive in the face of challenge. This transaction with Royal Orchid Hotels stands as a validation of our team’s expertise in orchestration transformative deals that shape industries and drive sustainable growth.

Hotel is scheduled to commence commercial operations by January 2025, this venture heralds a new chapter in Royal Orchid Hotels’ journey towards redefining luxury hospitality. As NOESIS Capital Advisors, weare immensely proud to have played a pivotalrole in facilitating this landmark transaction,cementing our commitment to deliveringstrategic value and driving innovation in thehospitality sector.

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