With fewer rooms, Oberoi Delhi also has lower occupancy post Rs 6 bn revamp

At under 50%, the hotel's occupancy is lower than 65-70% enjoyed by most peers; even its revenue per room, at Rs 7,000, falls short; hotel has also lost patronage of lawyers to its rivals

The Capital’s iconic luxury hotel, the Oberoi, which reopened in January this year after a two-year-long renovation, has not only fewer rooms, but also fewer guests, visible in an occupancy level of sub-fifty per cent, three industry executives tracking the Delhi hotel market said. This occupancy is lower compared with 65-70 per cent enjoyed by most peers in the city.

BSE-listed EIH, which runs hotels under the Oberoi brand, has invested Rs 6 billion in a renovation exercise that started in early 2016. The refurbished hotel has larger rooms but a lower capacity of 220