INDEVA Hotels & Resorts, announces the signing of a management agreement with Royal Estcon Pvt. Ltd. to operate a new property under its “The Mor Stays” brand in the Delhi NCR region. This marks another milestone in INDEVA’s ongoing expansion within the smart and affordable hospitality segment.
The agreement was formalized in the presence of Dr. Rakesh Kumar, Chairman – IEML; Mr. Mukesh Kumar Gupta, Director – IEML; Mr. Barun Gupta, COO – INDEVA Hotels & Resorts; and Mr. Shubham Nagar, Director – Royal Estcon Pvt. Ltd.
Strategically located to cater to both business and leisure travellers, the upcoming property will feature 30 well-appointed rooms, a multi-cuisine restaurant, and a banquet facility, combining comfort and convenience with value-driven pricing.
The Mor Stays, a budget hotel brand by INDEVA Hotels & Resorts, is tailored for the modern traveller — offering a blend of efficiency, contemporary design, and warm hospitality to redefine the economy stay experience in India.
Speaking on the occasion, the leadership teams from both INDEVA Hotels & Resorts and Royal Estcon Pvt. Ltd. expressed their enthusiasm about the partnership, emphasizing shared values of quality, innovation, and guest satisfaction.
This collaboration strengthens INDEVA’s vision to build a diverse portfolio of hotels — from luxury to budget-friendly stays — across key destinations in India and beyond, providing guests with consistent quality and dependable hospitality under The Mor Stays brand.
