-KH News Desk (editorial@imaws.org)
Royal Orchid Hotels Limited (ROHL) has announced the successful completion of the sale of its entire 100% shareholding in its subsidiary, Multi Hotels Limited. The transaction, valued at $3,412,500 (collectively), was executed with Greenleaf Properties, a Tanzania-based company, effective January 29, 2026.
Multi Hotels Limited had not yet commenced commercial operations. According to company filings, the decision to divest is part of ROHL’s broader strategy to optimize its asset portfolio and reallocate resources toward high-growth hospitality opportunities within its core Indian markets. The consideration is expected to be received in installments over a period of 120 days.
This move follows a series of expansion efforts by Royal Orchid, which recently signed new properties under its Regenta Place brand in Udaipur and Jim Corbett. By exiting non-core or non-operational international subsidiaries, the company aims to focus on its goal of adding over 2,500 keys to its pipeline in the coming months.
Mr. Chander K. Baljee, Chairman & Managing Director of ROHL, commented in recent filings that the divestment aligns with the company’s “strategic foresight” to ensure a leaner, more focused business structure that supports sustainable value creation for stakeholders.
