Royal Orchid Hotels considering sale of Jaipur hotel, land parcels in Mumbai, Tanzania
The chain is looking at getting investors for its loss making assets. It is looking for a buyer for its hotel in Jaipur which is loss making and has debt and the land parcels. Chairman and managing director Chander K Baljee said we planned to build a hotel in Powai but we got into the asset light mode and dropped the plan of constructing one.