Latest news with #Oberoi
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Business Standard
11 hours ago
- Business
- Business Standard
Indian hospitality chains chart global routes; target UK, West Asia markets
Indian hospitality companies are spreading their wings far beyond the country's borders, charting expansion plans in the UK, West Asian countries and even in the African continent, even as Indian tourists flock to international destinations. On Thursday, the country's largest hospitality chain, Tata group-owned Indian Hotels Company Limited (IHCL) announced its debut in South Africa's Kruger National Park with three luxury lodges. 'As the demand for purpose-led travel continues to grow, Taj with its differentiated offerings brings exceptional safari experiences. Our foray into Kruger National Park builds on this legacy, offering travellers an authentic connection with nature,' said Puneet Chhatwal, managing director and chief executive officer at IHCL. The company, which expects to achieve double-digit growth in the financial year 2025-26 (FY26), plans to open 30 hotels in the year, which will also include a 126-key Taj property in Frankfurt by the fourth quarter. The company's international expansion will be through the capital-light model. Internationally, ten new properties are in the pipeline, which will include two offerings in Bahrain in three years and two in Saudi Arabia in the next three-four years. It currently has 28 properties, including in New York, the United Kingdom, and the Maldives, which contributed to nearly 20 per cent of the company's consolidated revenues in FY25. Since the start of the year, Chhatwal said the San Francisco property has started to see a growth comeback and occupancies have also gone up. 'We do believe that San Francisco will be a big positive surprise this year. April was extraordinarily good for San Francisco, but that changes in that city based on the big events that they get. In New York, too, our efforts are beginning to pay off. And for the first time, P&L was Ebitda positive, and we think this journey will continue in a positive way also this year,' he said. For the coming financial years, the share of international growth will continue to rise alongside domestic growth, with the overall pie increasing. Indian luxury giant Oberoi Hotels, too, has mapped out an extensive international expansion, including the much awaited 21-key Oberoi-branded property set to open in Mayfair in central London in 2028. With 497 international keys under the Oberoi brand, the company is looking at adding 290 keys to this portfolio by 2028, including two floating boat hotels of seven keys each, a Nile cruiser of 25 keys. The London property will be owned by Oberoi parent East India Hotels, while the rest will be run through management contracts. Another industry major, Bengaluru-headquartered Royal Orchid Hotels, is exploring locations in The Maldives and some of the South East Asian countries for international growth, even as it looks to expand its existing overseas presence in Sri Lanka and Nepal. 'We are expanding where we are existing. But of course we are open to other nearby locations. We'll definitely look at Maldives and the Middle East. Southeast Asia, we'll definitely look at,' Chander K Baljee, chairman and managing director of Royal Orchid Hotels, told Business Standard. The group is pushing its Regenta brand of hotels and resorts overseas, on similar lines as the Regenta resort and spa in Chitwan, near the Chitwan National Park, and Regenta Place in Sabrina. Sarovar Hotels, founded in India in 1994, plans to further expand its international network. 'In Africa, the upcoming openings include a Sarovar Portico Kampala in Uganda with 85 rooms and Sarovar Premiere Hargesia in Somaliland with 121 Keys,' Ajay Bakaya, chairman, Sarovar Hotels and director, Louvre Hotels India, told Business Standard. The company will develop these projects through management contracts to drive efficiency. In Nepal, it is set to open Royal Tulip Kathmandu, with 304 keys and a 22,000 sq. ft. convention centre this year, along with Royal Tulip Chitwan near the Chitwan National Park, and the Golden Tulip Bhairahawa, which will serve pilgrims visiting the nearby sacred city of Lumbini. It has already launched Sarovar Portico in Birgunj. 'Nepal offers proximity to India, cultural and tourism synergy, and growing demand in both leisure and religious travel segments,' said Bakaya. Meanwhile, increased economic activity in Africa is a good driver of growth for the chain. Sarovar has already launched The Heron Sarovar Portico in Nairobi with 108 keys. 'Cities like Nairobi, Kampala, and Hargeisa are experiencing increased business activity and urban development but continue to face a shortage of dependable mid-scale hotel options. Sarovar sees an opportunity to bridge this gap with its well-established, value-driven hospitality brands,' Bakaya added. ITC Hotels, which operates six brands spanning various segments, including luxury, boutique premium, upscale and midscale, expanded operations to Sri Lanka in April last year. ITC Ratnadipa, a mixed-use property with 352 keys, a retail space and residences, turned Ebitda positive from the December quarter. The hospitality arm of the ITC group opened a 66-key Fortune branded resort and wellness spa in Nepal, also last year.
The Independent
6 days ago
- Entertainment
- The Independent
The Oberoi Marrakech hotel review
Location Just a 25-minute drive from Marrakech Medina, the historic old city, the Oberoi is close to the foothills of the Atlas Mountains and set in 28 acres of gardens including fragrant olive groves and citrus orchards. It is half an hour from Marrakech Menara Airport, which is a three-hour and 40-minute flight from London. The vibe The hotel's design takes inspiration from Moroccan and Andalusian palaces and a palatial feel prevails throughout, from the open courtyard at the centre of the hotel to its 'grand canal', set against the stunning backdrop of the snow-capped Atlas peaks. Villas come with their own private pool, meaning you can relax without being troubled by other guests. Great care has been taken to cultivate a serene environment with flourishing native gardens creating a home for local birds, and on a clear night, the stargazing is unmatched. Service Service is impeccable at every turn, from check-in to the restaurants and spa. Guests are always greeted warmly, and can expect friendly, helpful staff to be on hand throughout the day, without feeling like they are being hassled. Each room has a 24-hour concierge line, who can help book trips and experiences, from a tour of the city to breakfast in a hot-air balloon and even a flight into the desert, if given the right amount of notice. Bed and bath Some 72 of the 84 rooms and suites are deluxe villas, which have a bedroom with a king-size bed and a large bathroom, both with large windows looking out onto the private pool and garden, with sun loungers. There is a standalone bath as well as a large shower that has a door out to the garden, meaning you can head straight in from the pool. The main suite is open plan and spacious with tasteful decorations in rich jewel tones. It includes a lounge area, as well as a dining table with a door leading out to the pool and garden. There is a separate walk-in closet that has ample room, as well as a desk if needed. Upon arrival, a thoughtfully arranged tray of complimentary cakes, snacks and local wine is laid out. Food and drink The Oberoi has two main restaurants. Rivayat, with a menu curated by Michelin-starred chef Rohit Ghai, offers Indian cuisine that the hotel says is an 'ode to the country's many culinary traditions and delights'. A highlight is the five-course 'Expedition' tasting menu, though there is also an à la carte option. Tamimt, next door in the main building, has food from around the world, including more traditional Moroccan tagines. The desserts were a particular standout, including a tiramisu constructed at the table. Diners can also eat on the terrace with views of the Atlas Mountains. Chefs use olive oil from the grounds' 3,000 olive trees, pressed specially to be used in the hotel's restaurants. There is another restaurant, Azur, by the main swimming pool, for light meals during the day, and also a hotel bar. Facilities As well as a large main pool, there is a spa built over a small lake within the grounds. It has an indoor, temperature-controlled pool, as well as a gym and five spa treatment rooms, plus two traditional Moroccan hammams. There is a range of complimentary fitness and wellness classes available, which can be booked through the concierge, including sunrise yoga, a morning run with the hotel's fitness trainer and high-intensity cross training. There is also a tennis court and bikes are available to use around the grounds. Disability access The hotel caters for disabled guests with facilities including wheelchair-accessible routes, grab rails, raised toilets, and lowered sinks. Pet policy Pets are not allowed. Check in/check out? Check-in is at 3pm, and check-out at 12pm. Family friendly? Children are welcome and the Oberoi has a kids' club with a programme including cooking classes, art workshops and treasure hunts. They can also be shown the secrets of falconry by the indigenous Kwassem tribe, or visit the hotel's donkeys, Brownie and Sugar, who are very friendly and happy to have visitors pop by to say hello. At a glance Best thing: Tranquillity – great service and privacy mean your peace is never interrupted. Perfect for: Mixing rest with an invigorating city break. Not right for: Anyone not looking to leave behind the hustle and bustle of central Marrakech. Instagram from: The hotel terrace at sunset, capturing the hotel's 'grand canal' and Atlas Mountains in the distance.
Web Release
23-05-2025
- Business
- Web Release
Indikaya Introduces Elevated Business Lunch by Culinary Chef Hemant Oberoi
Indikaya, a destination for refined Indian cuisine dining by culinary legend Chef Hemant Oberoi, introduces a four-course Business Lunch for AED 125. Designed for those who crave elegance even on a schedule, this midweek indulgence blends timeless Indian flavors with Chef Oberoi's signature storytelling, infused with modern flair, refined technique, and a dash of indulgent nostalgia. Across four weekly rotating menus, guests are offered a curated journey through India's diverse flavors—each course a carefully chosen ode to heritage, reimagined for the modern palate. From signature soups like the Bhuni Makai Ka Shorba and Lemongrass Rasam to inventive chaats including Hathodi Chaat and Strawberry Dahi Bhalla, every bite teases the senses. Mains span rich classics such as Butter Chicken, Paneer Butter Masala, and Lagan Ka Gosht, served with indulgent accompaniments: velvety dals, cooling raita, warm naan or roti, and a touch of royalty with biryani. The final flourish? Decadent desserts like Moong Dal Halwa, Rasmalai, and Baked Gulab Jamun, bringing a sweet close to your midday escape. Indikaya's business lunch isn't just a meal—it's a pause. A moment to reconnect with flavor, artistry, and India's storytelling soul. Whether you're impressing a client or simply treating yourself, this lunch promises a taste of timelessness in under an hour. Business Lunch · Available daily | 12:00 PM to 3:00 PM · AED 125 per person · Location: Level 2, Shangri-La Hotel, Sheikh Zayed Road, Dubai · For bookings, call: 054 279 3647
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Business Standard
21-05-2025
- Business
- Business Standard
EIH Q4 results: PAT up 6% to Rs 261.62 cr on strong demand across segments
EIH Ltd, owner and operators of Oberoi and Trident brands of hotels, reported a 6 per cent rise in its March quarter net profit on improved demand in both business and leisure segments. Consolidated net profit of Rs 261.62 crore in January-March - the fourth quarter of April 2024 to March 2025 financial year - was compared with Rs 247.59 crore earnings in the same period a year back, according to a company statement. "The company delivered its best-ever performance, reflecting sustained operational excellence and continued demand across both business and leisure segments," it said. Revenue was up 11 per cent at Rs 866 crore while EBITDA rose 13 per cent to Rs 389 crore. "These record results mark a milestone year and the strongest financial performance in EIH Limited's history. They reflect the company's unwavering focus on operational excellence and underscore the enduring appeal of our brand. With a robust financial position, EIH Limited is well-positioned to drive continued growth and create long-term value for all stakeholders," the statement said. For the full fiscal, the firm posted a 14 per cent rise in net profit to Rs 769.90 crore on a revenue of Rs 2,880 crore. EIH said it has a robust pipeline of 21 properties to be completed by 2029, comprising 19 hotels, 2 luxury boats, and a Nile cruiser. This expansion includes eight hotels to be owned, invested in, and operated directly or through joint ventures by EIH, 13 properties (including the 2 luxury boats and a Nile cruiser) to be managed by The Oberoi Group. The development pipeline spans 12 hotels in India and 9 international hotels and cruises across London, Egypt, Bhutan, Nepal, and Saudi Arabia. Upon completion, 16 hotels (including the boats and cruiser) will operate under the Oberoi brand and five hotels under the Trident brand, representing a total inventory of approximately 1,473 keys. Arjun Oberoi, Executive Chairman, The Oberoi Group, commented, "This has been a milestone year for EIH Limited, delivering record financial results. Our robust performance reflects our long-term vision, strong governance, and unwavering commitment to excellence. With a solid financial foundation, we are well-positioned to drive strategic growth across key markets while creating sustained value for all our stakeholders." Vikram Oberoi, CEO, The Oberoi Group, further added, "These results highlight the relentless dedication of our teams and their pursuit of operational excellence. As we continue to expand our footprint, we remain steadfast in delivering exceptional guest experiences driven through our values and culture that places our guests and their wellbeing at the centre of everything we do." EIH's board has recommended a final dividend of Rs 1.5 per equity share (75 per cent on the face value of Rs 2 each) for the financial year 202425.
Time of India
21-05-2025
- Business
- Time of India
EIH Limited posts PAT of Rs 770 cr for FY25, revenue at Rs 2880 cr for the fiscal
EIH Limited , the flagship company of The Oberoi Group has reported a consolidated profit after tax of Rs 262 crore for the fourth quarter of fiscal year 2025, up 6% year on year. The luxury hospitality chain reported revenues of Rs 866 crore, up 11% year on year. For fiscal year, 2025, the chain reported consolidated revenues of Rs 2880 crore, up 10% year on year. EIH Limited reported a profit after tax of Rs 770 crore for the full fiscal year, up 14% year on year. Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Moose Approaches Girl At Bus Stop In Yogyakarta Jw - Watch What Happens Happy in Shape Undo EIH Limited has a pipeline of 21 properties to be completed by 2029, comprising 19 hotels, 2 luxury boats, and a Nile cruiser. This expansion includes 8 hotels to be owned, invested in, and operated directly or through joint ventures by EIH Limited, and 13 properties to be managed by The Oberoi Group. The development pipeline spans 12 hotels in India and 9 international hotels and cruises across London, Egypt, Bhutan, Nepal, and Saudi Arabia. Upon completion, 16 hotels (including the boats and cruiser) will operate under the Oberoi brand and 5 hotels under the Trident brand, representing a total inventory of approximately 1473 keys. Live Events Arjun Oberoi, executive chairman, The Oberoi Group said fiscal year 2025 has been a 'milestone year' for EIH Limited, delivering record financial results. "With a solid financial foundation, we are well-positioned to drive strategic growth across key markets while creating sustained value for all our stakeholders," he added. Vikram Oberoi, CEO, The Oberoi Group said as the chain continues to expand its footprint, it remains 'steadfast' in delivering 'exceptional' guest experiences driven through its values and culture that places its guests and their wellbeing at the centre of everything it does.
