Managing Director. We have been expanding very aggressively in the last few years. How do you plan to face the competition? Comment on your occupancy? Keshav Baljee Angel Investor interested in Consumer, SAAS, Hospitality, Food, Travel Current CEO @ Spree Hotels Earlier Founder @ ZipRooms, a budget hotel aggregator startup Computer Engineer from Univ of Penn Business Undergrad at Wharton MBA from ISB Also Director, of Royal Orchid Hotels, a listed hotel … By clicking 'Accept' on this banner or by using this website, you consent to the use of cookies unless you have disabled them. Keshav Baljee, co-promoter of hospitality company Royal Orchid Hotels, has entered the room aggregation business with ZiP Rooms. Were your occupancies affected? In 2008, Royal Orchid Hotels operated 15 hotels. The hospitality industry is seeing a lot of international budget hotel chains foraying into India. Keshav Baljee Angel Investor interested in Consumer, SAAS, Hospitality, Food, Travel Current CEO @ Spree Hotels Earlier Founder @ ZipRooms, a budget hotel aggregator startup Computer Engineer from Univ of Penn Business Undergrad at Wharton MBA from ISB Also Director, of Royal Orchid Hotels… RelSci Relationships are individuals Keshav Baljee likely has professional access to. The group is present across three different categories of hotels enabling it to target top, middle and junior management of corporate. India Infoline News Service. We are looking forward to the Commonwealth games. During the fiscal year 2011,it added five new hotel properties to its portfolio. Whilst it may not be a huge deal, we thought it was good to see that the Royal Orchid Hotels Limited MD & Director, Chander Baljee, recently bought ₹1.3m worth of stock, for ₹47.96 per share. View Relationship Details. NEW DELHI: Keshav Baljee, co-promoter of hospitality company Royal Orchid Hotels, has hoorayed into the room aggregation business by setting up franchise hotel brand ZiP Rooms. Mr. Baljee started his career with the family business in Shimla and has more than four decades of experience in the hospitality industry. No worries for refund as the money remains in investor's account.". In view of the upcoming common wealth games, the Ministry of Tourism is very closely involved in monitoring the creation of additional accommodation for the games. India still sees a flood of business houses wanting to invest. Yes, like any other industry global recession and Mumbai attacks did impact the Hotel industry. His pedigree in hospitality and technology led him to launch Spree Hospitality in 2010. The occupancies went down in the first half of the last fiscal year but from the third quarter onwards occupancies saw a correction and have gradually improved. Keshav Baljee, VP of Royal Orchid Hotels, said, "We expect FY11 to be stronger than FY10. 09 March 2006. New Delhi: Rupesh Tambi, managing director of KsheerSagar Developers and a hotel partner for the Royal Orchid Hotel in Jaipur has filed a criminal defamation complaint before the magistrate court in Rajasthan concerning a statement given by Royal Orchid Hotels chairman and managing director Chander K Baljee that he was planning to sell his stake in the hotel. Chender K Baljee, Chairman & Managing Director, Royal Orchid Hotels Limited, spoke about expansion plans of Royal Orchid and topline growth targets during an interview with Zee Business. If you do not consent, do not use this website. In a tete-a-tete with RITZ, he talks about the hospitality business and his famous legacy. Out of which the projects at Hyderabad and Jaipur are at final stages of constructions. 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