Profit

Royal Orchid Hotels on Hyderabad Property Sale

PUBLISHED ON: June 10, 2014 | Duration: 8 min, 13 sec

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Royal Orchid Hotels CMD C K Baljee tells NDTV that the hotel company has managed a turnaround in the January-March period by selling off its Hyderabad property and is now looking to come out of CDR after cutting down its debt. He says the worst is over for the hospitality sector and a revival in demand is expected this year
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