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EIH 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 ...
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.
As of March 2023, Reliance Strategic Business Ventures Limited owned 18.83% of EIH at a consolidated level with 11.77 crore shares while Oberoi Hotels Private Limited owned 17.67% or 11.05 crore ...
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 ...
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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