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Amid family feuds and turmoil, EIH-owned Oberoi Hotels to develop two hotels in Pune, London - MSNEIH Ltd, the company behind the Oberoi and Trident hotel brands, has announced two significant new developments in Pune and London. However, amid these expansions, the company is also grappling ...
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EIH-Oberoi Hotels announces surprise exit from UAE market - MSNN ew Delhi: In a surprise move, Oberoi Hotels and Resorts owner EIH has decided to exit the important United Arab Emirates (UAE) market. The decision was announced by managing director and CEO ...
In December 2023, with luxury hotels owner and operator EIH trading at ₹236, we had recommended investors to continue to “ ...
EIH Limited, the parent company of Oberoi Hotels, aims to expand its portfolio by opening 20 new properties by 2029, with nine in international destinations such as Egypt, Bhutan, and Nepal.
The Oberoi, New Delhi, which initially opened its doors in 1965, is set in the city center, overlooking the 16th-century garden tomb of Emperor Humayun, a UNESCO World Heritage Site.
Oberoi-owned hotels led the way, with a 24% rise in RevPAR, outpacing the industry average of 16% and even edging out Trident’s 22% growth. Occupancy also climbed from 81% last year to 84%.
Oberoi Hotels plans multiple properties to cash in on upscale holiday demand While occupancies for Q2 stood at 73% against 69% in the same quarter last year, average room rates rose 9% year-on ...
With a London hotel now slated for 2028, Oberoi has said it's eyeing its key source markets. So, will the brand set its sights on the U.S., one of its top 3 markets? Stay tuned!
India Business News: NEW DELHI: Oberoi Hotels has reported a record profit of Rs 332 crore in the January-March 2025 period, 109% more than the same period in the previous.
Oberoi Hotels will leave the UAE market. Employees said the news took them by surprise on the eve of 18 September. The exit follows the termination of its partnership with the Ajman property's owners.
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