Royal Orchid Hotels Divests Multi Hotels Limited for USD 3.41 Million

Royal Orchid Hotels Divests Stake in Multi Hotels Limited

Royal Orchid Hotels Ltd (ROHL) has announced the sale of its stake in Multi Hotels Limited to Greenleaf Properties Limited, a Tanzania‑based firm, for USD 3.41 million. This move forms part of ROHL’s broader strategy to optimise its portfolio and focus on core assets. 

Strategic Portfolio Optimisation

The divestment is aligned with ROHL’s ongoing efforts to streamline its asset base and concentrate on markets and properties that support its long‑term growth objectives. Selling non‑core assets can help unlock value and redeploy capital into higher‑priority segments.

About Greenleaf Properties

Greenleaf Properties, the buyer, is a hospitality and real estate firm based in Tanzania. The acquisition of Multi Hotels Limited expands its footprint in the region and reflects investor confidence in the potential of hospitality assets in East Africa.

Market Context and Industry Trends

Hotel owners and operators increasingly adopt asset‑light models, focusing on management and franchise deals over owned properties. ROHL has pursued similar strategies, signing new properties across India under its Regenta and Royal Orchid brands while divesting non‑core holdings. 

Conclusion

The sale of Multi Hotels Limited underscores Royal Orchid Hotels’ commitment to active portfolio management and strategic repositioning. By partnering with Greenleaf Properties, ROHL is refining its asset base to support future expansion and operational focus.