Oberoi

Oberoi family dispute: HC permits Anastasia Oberoi to attend November 5 AGM

The high court had earlier temporarily restrained the transfer of shares in EIH Ltd and EIH's holding companies, Oberoi Hotels Private Limited and Oberoi Properties Private

Oberoi Realty sells flats worth Rs 1.3K cr in 3 days of Maha project launch

Oberoi Realty has sold luxury homes worth Rs 1,348 crore in its newly launched 75-acre residential project at Thane in Mumbai Metropolitan Region. On October 18, the company launched project 'Oberoi Garden City Thane'. It will be developing and marketing this project in phases. The company has "recorded gross booking value of around Rs 1,348 crore for 5.65 lakh sq ft (carpet area) over the first three days," it said in a regulatory filing. Spread around 75 acres, the project will offer homes with over 30 world-class amenities, a 5-star deluxe JW Marriott Hotel Thane Garden City and an Oberoi International School. The first phase of the development will consist of five residential towers and bookings for two towers commenced on October 18, 2024. "We are thrilled by the tremendous response to the launch of our latest project at Oberoi Garden City Thane. The trust and confidence our customers have shown in our brand and product deeply humbles and encourages us. This project epitomise

Oberoi Group exits UAE market, ends partnership with Al Zorah Resort

The management contract between EIH Holdings Ltd, a subsidiary of EIH Ltd, and Al Zorah Development Private Co Ltd will officially end on February 28, 2025

Oberoi Grp family dispute: Delhi HC injuncts shares held by late PRS Oberoi

This order comes amid a legal dispute between Anastasia and her brother Vikramjit Oberoi, sister Natasha Oberoi, and cousin Arjun Oberoi

Demand-supply imbalance will help ARR growth, says Vikram Oberoi

The group plans to open two new hotels - The Oberoi Rajgarh with 65 keys and The Oberoi Vindyavilas wildlife resort in the Bandhavgarh region of Madhya Pradesh - in the ongoing financial year

Strong prospects fully priced in for real estate firm Oberoi Realty stock

The revenue increased 37 per cent Y-o-Y to Rs 1,310 crore in Q4FY24 and Ebitda was at Rs 790 crore, up 114 per cent Y-o-Y with the margin increasing sharply to 60 per cent

Biki Oberoi: The Perfectionist

On 14th November 2023, Prithvi Raj Singh or "Biki" Oberoi, Executive Chairman of the Oberoi Group of Hotels passed away at 94

PRS Oberoi, pioneer of Indian hospitality industry, passes away at 94

In 2008, Oberoi was awarded the Padma Vibhushan, India's second-highest civilian honour for his contributions to the hospitality industry

Oberoi, Godrej Prop to gain most from Maharashtra stamp duty cut: Analysts

After Maharashtra, analysts expect more states slash stamp duty rates. According to Jefferies, the state governments to watch out for will be Karnataka (Bangalore) and Haryana (Gurgaon)

EIH cites general slowdown, drop in airline catering for dismal Q1 show

The firm, which owns the Oberoi chain of hotels, posted a pre-tax loss of Rs 11 crore compared to Rs 16 crore profit a year ago

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

Reopening of Oberoi in Delhi to reflect positively in EIH Q4 numbers

The iconic Oberoi, New Delhi, that was closed for renovation, since April 1, 2016, will reopen ahead of schedule, in January 2018.The renovation - that cost a whopping Rs 500 crore - will reflect positively in the company's fourth quarter earnings. "The Oberoi, New Delhi, was originally scheduled to open in early April, 2018 after complete renovation. The progress on site has been very satisfactory and the new hotel is likely to open in January 2018. The Oberoi, New Delhi, is expected to retain its iconic position in the capital which it has since it first opened in the year 1965," P R S Oberoi, executive chairman of EIH Limited, said at the company's annual general meeting.The tariff of the refurbished Oberoi would be much higher. The hotel would house 218 guest rooms, including 32 suites. The rooms will be bigger with spacious bathrooms affording beautiful views. The suites will have Art Deco and Victorian themes. Earlier, the Oberoi used to have 283 guest rooms, including 17 ...