Royal Orchid Hotels Limited — Others, 16-04-2025: Change in Management

Mr. Philip Logan has resigned as Chief Operating Officer of Royal Orchid Hotels Ltd., effective immediately. His decision follows discussions about his future, as he aims to pursue consultancy work while prioritizing family time. Over his tenure, he contributed to significant growth, expanding the portfolio from 78 to over 115 operational hotels, positioning the company for future launches. This change in leadership may bring about a transitional phase, impacting operational continuity; however, it could also present opportunities for strategic realignment within the management team. Overall, investors may view this as a neutral impact while assessing future leadership directions.