Oberoi Hotels & Resorts

Oberoi Hotels & Resorts
Hotels
Industry Hospitality
Founded 1934
Founder Mohan Singh Oberoi (1898–2002)
Headquarters Delhi, India
Number of locations
30 (2016)
Area served
Africa, Asia, Middle East
Key people
Products Hotels
Parent East India Hotels
Website www.oberoihotels.com

The Oberoi Group is a global hotel company with its head office in Delhi.[1] The Oberoi, founded in 1934, owns and/or operates 30+ luxury hotels and two river cruise ships in six countries.

Hotels

The foundations of the Oberoi Group dates back to 1934 when Rai Bahadur Mohan Singh Oberoi, the founder Chairman of the group bought from an Englishman; two properties - The Clarke's in Delhi and The Clarke's in Shimla. In the following years Mr. Oberoi, assisted by his two sons, Tilak Raj Singh Oberoi and Prithvi Raj Singh Oberoi continued the expansion of their group with properties both in India and abroad.[2]

Today, P.R.S.Oberoi is the Chairman of The Oberoi Group and his son, Vikram Oberoi and his nephew, Arjun Oberoi serve in the capacities of Joint Managing Directors at EIH Ltd and EIH Associated Hotels, the two major holding companies of The Oberoi Group.

The group also manages hotels under the Trident brand, and operates properties in India and Saudi Arabia.

The Group also operates the The Clarke's in Shimla and the Maidens Hotel, Delhi. These two properties however are not held under the Trident or under the Oberoi brand. The Clarke's, after remaining temporarily shut following its lawns caving in because of construction in the eco-sensitive vicinity, reopened on September 16, 2012.

List of hotels

Oberoi Hotels & Resorts

In India:

In Indonesia:

In Mauritius:

In Egypt:

In Saudi Arabia:

In U.A.E.:

Trident Hotels

In India:

Other Group Hotels In India

Ownership

The Oberoi Family headed by its patriarch, Oberoi is the majority shareholder in EIH Ltd with 32.11% stake. Cigarettes to Hotels conglomerate, ITC Limited owns approximately 14.98% stake in EIH Ltd. To ward off pressures from ITC Ltd. whose ownership stands precariously close to the automatic open offer trigger at 15%, the Oberoi family divested 14.12% stake inThe stake sale happened on August 30, 2010 for Rs. 1,021 crores valuing EIH Ltd. at an enterprise value of Rs. 7,200 crores. Recently, the stake of reliance further raised from itc and it stood at 20% overall for Reliance industries.

Notes

  1. "Contact Us." Oberoi Group. Retrieved on 14 November 2012. "Oberoi Hotels & Resorts 7, Sham Nath Marg, Delhi-110 054, India "
  2. "About Our Founder". Oberoi Group. Retrieved 10 December 2015.
  3. World's Best Hotels
  4. World's Best Hotels 2012

References

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