INDEVA Hotels & Resorts, a hospitality division of India Expo Mart Limited (IEML), has announced the signing of a management agreement with Royal Estcon Pvt. Ltd. to operate a new property under its fast-growing brand, “The Mor Stays,” in Delhi NCR. The agreement marks another strategic step in INDEVA’s mission to strengthen its footprint in India’s budget and mid-scale hospitality sector.
The signing ceremony was attended by 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.
The upcoming property is designed to meet the evolving needs of modern travellers – offering 30 well-appointed rooms, a multi-cuisine restaurant, and banquet facilities, ensuring a comfortable yet value-driven experience. Strategically located to cater to both business and leisure guests, the hotel reflects INDEVA’s vision of creating smart, affordable, and design-forward hospitality experiences across key markets.
“The Mor Stays” brand embodies INDEVA’s approach to efficient, contemporary hospitality – combining smart design, service excellence, and accessibility. The new partnership with Royal Estcon Pvt. Ltd. underscores the brand’s commitment to expanding in high-demand urban and suburban corridors while maintaining consistent quality and innovation.
Speaking on the occasion, leaders from both organizations expressed optimism about the collaboration and emphasized their shared commitment to guest satisfaction and operational excellence.
This addition reinforces INDEVA Hotels & Resorts’ broader vision to build a strong national network of properties ranging from luxury to budget-friendly stays – positioning “The Mor Stays” as a preferred choice for travellers seeking comfort, convenience, and reliability at the right price point.
