INDEVA Hotels and Resorts expands portfolio with ‘The Mor Stays’ in Delhi NCR
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INDEVA Hotels and Resorts, a subsidiary of India Expo Mart Limited (IEML), has finalized a management agreement with Royal Estcon to introduce a new property under its budget-friendly ‘The Mor Stays’ brand, strengthening its portfolio of smart hospitality solutions in the Delhi NCR region.
The partnership was formalized with Rakesh Kumar (Chairman, IEML), Mukesh Kumar Gupta (Director, IEML), Barun Gupta (COO, INDEVA Hotels and Resorts), and Shubham Nagar (Director, Royal Estcon) in attendance.
This alliance expands INDEVA’s footprint in Delhi NCR’s value hospitality sector, meeting increasing demand for accessible yet quality accommodations.
Situated to cater to business and leisure visitors, the property will offer 30 thoughtfully designed rooms, a versatile dining venue, and event spaces—delivering comfort and functionality at competitive rates.
The Mor Stays brand emphasizes efficiency, modern aesthetics, and exceptional service, aiming to elevate the economy lodging experience nationwide.
Leadership from both organizations expressed mutual commitment to innovation and guest-centric values through this collaboration.
This development advances INDEVA’s strategy to establish a diversified network of properties across India, ensuring reliability and consistent standards under The Mor Stays umbrella.