
Royal Orchid Hotels Ltd (ROHL), one of India’s fastest-growing hospitality chains, has signed a new 36-key property in Rishikesh under a management agreement.
This entry marks a significant step in strengthening the brand’s footprint in Uttarakhand, a destination experiencing rapid growth in spiritual, wellness and adventure tourism.
The Tapovan-based property offers convenient access to the River Ganga, major ashrams and popular adventure zones, ensuring appeal to a wide range of travellers.
The upcoming hotel is designed to serve both spiritual seekers and adventure enthusiasts with a blend of comfort and functionality. It will feature contemporary rooms, a multi-cuisine restaurant, and versatile banquet and conference facilities suited for destination weddings, corporate retreats and social events.
Wellness-focused offerings such as a spa and fitness center will further enhance guest experience. Its location also provides easy access to iconic attractions including Ram Jhula and Laxman Jhula, making it an ideal base for exploration.
This property reinforces ROHL’s commitment to its asset-light model, enabling rapid expansion while maintaining operational efficiency. With demand for leisure travel rising in Uttarakhand, the company’s strategic move into Rishikesh is poised to contribute meaningfully to its growth trajectory.
Speaking on the strategic signing, Mr. Chander K. Baljee, Chairman & Managing Director said, “Rishikesh holds unparalleled importance in India’s tourism landscape, blending spiritual heritage with adrenaline-pumping activities. This signing perfectly aligns with our vision to establish a strong presence in culturally significant destinations. We are confident that this new property will set a benchmark for quality hospitality in the region and contribute significantly to our North India growth trajectory.”
The new hotel is being developed in partnership with IRIS PARK LEISURES PRIVATE LIMITED.
Commenting on the collaboration, Mr. Varun Sharma and Mr. Manoj Gupta, Authorized Representative of IRIS PARK LEISURES PRIVATE LIMITED, stated, “We are excited to join hands with Royal Orchid Hotels to bring the reliable and quality Regenta experience to Rishikesh. Our shared commitment is to offer every guest an exceptional stay, blending local tranquility with world-class service.
On December 9, 2025, Royal Orchid Hotels share price (NSE: ROHLTD) opened at ₹382.00, touching the day’s low at ₹371.60, as of 11:25 AM on the NSE.
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The new Rishikesh hotel underscores Royal Orchid Hotels’ focus on expanding into high-potential tourism destinations through an asset-light approach. With strong visitor demand and a well-planned offering, the property is set to enhance ROHL’s presence in northern India and cater to a diverse and growing market.
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Published on: Dec 9, 2025, 11:32 AM IST

Nikitha Devi
Nikitha is a content creator with 7+ years of experience in the financial domain. Specialising in personal finance, investments, and market insights, Nikitha simplifies complex financial topics, making them accessible to readers.
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