Mumbai, Dec. 26 -- The hotel will be operated under a management agreement, in line with the group's asset-light growth strategy.

Strategically located near the Gwalior airport, the upcoming Regenta Gwalior will be Royal Orchid & Regenta Hotels' second property in the city and the third in Madhya Pradesh, further strengthening the chain's presence in the state.

The hotel will be developed in two phases. Phase I will comprise 71 rooms along with multiple banquet and event spaces catering to weddings, corporate meetings, social functions and MICE requirements. Phase II will add 30 more rooms, increasing the overall inventory and reinforcing the property's position in one of Madhya Pradesh's growing hospitality markets.

The property is ow...