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Business Standard
06-08-2025
- Business
- Business Standard
EIH to open four hotels to expand presence in India's leisure market
East India Hotels (EIH), part of the Oberoi Group, will add four new hotel projects under management contracts in Goa, Bengaluru, Gujarat, and Hyderabad to strengthen its presence in key leisure and urban destinations. The company will expand through its Oberoi and Trident brands for the new hotels, it said in a release to the stock exchanges. The new properties include The Oberoi, Gir — a 20-key Oberoi luxury wildlife retreat located near Gir National Park; The Oberoi, Hyderabad — a 220-key luxury hotel; Trident, Nandi Hills — a 150-key Trident hotel in Bengaluru; and Trident, Fort Aguada — a 170-key Trident hotel near the 17th-century Fort Aguada in Goa. As announced at the company's annual general meeting (AGM), EIH also plans to strengthen its luxury portfolio with the launch of The Oberoi Rajgarh Palace, Khajuraho, and two Oberoi Nile Dahabeyas this year. 'Our growth trajectory is driven by a clear strategic focus: expanding into high-potential markets, delivering authentic and memorable guest experiences, and upholding the service philosophy that defines The Oberoi Group,' Arjun Oberoi, executive chairman, The Oberoi Group, said in the release. The company said these projects are part of its development pipeline of 25 properties scheduled for completion by 2030. Of these, eight hotels will be owned or jointly invested in and operated by the company, while 14 will be run under management contracts, along with two Dahabeyas (a type of sailboat) and one Nile cruise. Of the 25, 16 hotels will be in India, and nine will be overseas in locations including London, Egypt, Bhutan, Nepal, and Saudi Arabia, according to the release. On completion, 18 hotels will operate under the Oberoi brand and seven under the Trident brand, adding 2,033 keys to the portfolio. Currently, EIH has 30 owned and managed hotel properties across six countries, according to its website. Vikram Oberoi, chief executive officer, The Oberoi Group, said the company's development strategy is shaped by deep consumer insight, a sharp understanding of market dynamics, and a long-term vision.
Time of India
06-08-2025
- Business
- Time of India
75th AGM: Oberoi announces 4 more hotels, including a Trident in Goa
NEW DELHI: Hospitality major Oberoi Hotels announced it will soon open four new hotels in Goa, Gir, Hyderabad and near Bengaluru, at its 75th AGM Wednesday. These will be operated under management contracts, as part of its continued growth strategy. The Oberoi, Gir, will be a a 20-key luxury wildlife retreat in a 40-acre mango orchard near Gir National Park. The Oberoi, Hyderabad, will be a 220-key luxury hotel. Trident, Nandi Hills, will be a 150-key property north of Bengaluru. And Trident, Fort Aguada, will be a 170-key hotel near Fort Aguada in Goa. These four are part of Oberoi parent EIH Limited's development pipeline of 25 properties scheduled for completion by 2030. This includes 22 hotels and three luxury boats, all of which will be managed by EIH Limited through direct ownership, joint ventures, or management contracts. Of these, eight hotels will be owned or jointly invested in and operated by EIH Ltd, while 17, including two Dahabeyas and one Nile cruise, will be operated under management contracts by The Oberoi Group. The pipeline includes 16 hotels in India and nine international properties across London, Egypt, Bhutan, Nepal, and Saudi Arabia. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Indonesia: Unsold Sofas at Bargain Prices (Prices May Surprise You) Sofas | Search Ads Search Now Undo Upon completion, 18 of these will operate under the Oberoi brand and seven under the Trident brand, adding 2,033 keys to the portfolio. Arjun Oberoi, executive chairman of The Oberoi Group, said: 'Our growth trajectory is driven by a clear strategic focus: expanding into high-potential markets, delivering authentic and memorable guest experiences, and upholding the service philosophy that defines The Oberoi Group. As we broaden our footprint, we remain anchored in our core values of excellence, integrity, and care.' Vikram Oberoi, CEO of The Oberoi Group, said: 'Our development strategy is shaped by deep consumer insight, a sharp understanding of market dynamics, and a steadfast long-term vision. As we open new landmark hotels and earn continued global recognition, we are deeply grateful for the enduring trust our guests place in us. It is a testament to the passion of our people, the strength of our legacy, and our unwavering commitment to redefining luxury hospitality. ' This year EIH Ltd will launch The Oberoi Rajgarh Palace, Khajuraho, and two Oberoi Nile Dahabeyas cruisers. Earlier this year, The Oberoi Vindhyavilas Wildlife Resort, Bandhavgarh opened. Stay informed with the latest business news, updates on bank holidays and public holidays .
