Oberoi Group announced that it has added four new hotel projects in India under management contracts.
This expansion by the group’s flagship company, EIH Limited, aims to strengthen its presence in key leisure and urban destinations under the Oberoi and Trident brands, reported The Economic Times.
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The projects include two luxury hotels under the Oberoi brand in Gir and Hyderabad, and two hotels near Nandi Hills and Fort Aguada under the Trident brand, stated the company.
Oberoi Group executive chairman Arjun Oberoi 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.”
The Oberoi brand will expand by 240 keys, with 20 keys near Gir National Park and 220 keys in Hyderabad’s Knowledge City. The Trident brand will add 320 keys, including 150 keys near Nandi Hills and 170 keys near Fort Aguada in Goa.
Oberoi Group CEO Vikram Oberoi said: “Our development strategy is shaped by deep consumer insight, a sharp understanding of market dynamics, and a steadfast long-term vision.”
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By GlobalDataThese four projects form part of EIH Limited’s development pipeline of 25 properties to be completed by 2030, including 22 hotels and three luxury boats.
Eight hotels will be owned or jointly invested in and operated by EIH Limited. In addition, 17 properties, 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 in Bhutan, Egypt, London, Nepal, and Saudi Arabia.
Upon completion, 18 will operate under the Oberoi brand and seven under the Trident brand, adding 2,033 keys to the portfolio. EIH Limited plans to launch The Oberoi Rajgarh Palace, Khajuraho, and two Oberoi Nile Dahabeyas this year.
