Kamat Hotels Signs Second ‘IRA by Orchid’ Property in North Goa, Opening September 2025
Kamat Hotels (India) Ltd. (KHIL) has signed its second property in North Goa under the IRA by the Orchid brand through a management agreement.
The upcoming hotel will feature 43 guest rooms, a swimming pool, a banquet hall, an in-house restaurant, and a health club. The property is designed to cater to both leisure and business travellers, combining comfort with the brand’s eco-conscious hospitality approach.
Scheduled to open by September 30, 2025, the hotel strengthens KHIL’s presence in North Goa, a key tourism and leisure market.
Dr. Vithal Kamat, Executive Chairman & Managing Director, said: “We are pleased to announce our new hotel in North Goa, a market with strong potential for hospitality. This addition under the IRA by the Orchid brand supports our growth strategy and reflects our continued focus on environmentally responsible operations across India.”
Vishal Kamat, Executive Director, added: “North Goa remains a preferred destination for travellers. With IRA by Orchid, we aim to deliver a hospitality experience that combines sustainability with comfort and convenience for both leisure and business guests.”
Kamat Hotels (India) operates a portfolio of luxury and mid-premium hotels across the country. Its brands include The Orchid Hotels, Fort JadhavGadh, Mahodadhi Palace, Lotus Resorts, and IRA by Orchid. The company pursues growth primarily through management contracts, revenue-sharing models, and lease agreements, while continuing to focus on property improvement and portfolio expansion.
In Q1 FY26, KHIL reported a consolidated net profit of ₹3.64 crore, an increase of 240.2% year-on-year, on revenue from operations of ₹82.1 crore, up 12.1% compared to Q1 FY25.
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