Mumbai, April 5, 2024: NOESIS Capital Advisors announces its exclusive advisory role in facilitating Royal Orchid Hotels’ acquisition of operational rights for a premier 300-room full-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 discerning needs of business travellers.
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. Notably, the hotel will pioneer an innovative approach to guest services, integrating advanced technological amenities such as automated ironing facilities, ensuring a seamless and comfortable stay tailored to the modern business traveller.
Mr. Chander Baljee, Chairman and Managing Director of Royal Orchid Hotels, expressed his utmost confidence in the strategic significance of this transaction, emphasizing its potential to dominate the market landscape. With a commitment to superior product quality, prime location, and unparalleled guest experiences, Mr. Baljee heralded this venture as a pivotal asset in Royal 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 orchestrating transformative deals that shape industries and drive sustainable growth.
The 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, we are immensely proud to have played a pivotal role in facilitating this landmark transaction, cementing our commitment to delivering strategic value and driving innovation in the hospitality sector.
