Royal Orchid Hotels Ltd announced the sale of its subsidiary, Multi Hotels, to Greenleaf Properties for a transaction value of USD 3.41 million. The divestment reflects a strategic move to streamline operations and unlock value, aligning the company’s portfolio with its long-term business priorities.
Royal Orchid Hotels Ltd has confirmed the sale of its wholly owned subsidiary, Multi Hotels, to Greenleaf Properties. The transaction has been valued at USD 3.41 million, as disclosed through regulatory filings.
The divestment marks a focused step by Royal Orchid Hotels to rationalise its corporate structure and monetise non-core assets. By exiting the subsidiary, the company aims to sharpen its operational focus on core hospitality assets while improving capital efficiency.
The sale is expected to support balance sheet optimisation and provide additional financial flexibility. Such transactions are increasingly common in the hospitality sector, as operators reassess asset ownership models and prioritise scalable growth.
Key Transaction Details
Royal Orchid Hotels sold its subsidiary Multi Hotels to Greenleaf Properties
Transaction value reported at USD 3.41 million
Strategic Significance
Move aimed at streamlining group structure and reducing complexity
Asset monetisation supports improved capital allocation and liquidity
Sector Context
Hospitality companies continue to optimise portfolios amid evolving demand patterns
Divestments enable sharper focus on high-performing and strategic assets
The transaction underlines Royal Orchid Hotels’ intent to remain agile while strengthening its financial position in a competitive hospitality environment.
Sources : Company Regulatory Filing, Stock Exchange Disclosures, Reuters