The Oberoi Group

The Oberoi Group
Private
Industry Hospitality
Founded 1934 (1934)
Founder Mohan Singh Oberoi
Headquarters Delhi, India
Number of locations
 33 (2017)
Area served
 Worldwide
Key people
Products Hotels and Resorts
Number of employees
 13,000 (2017)[1]
Parent East India Hotels
Website www.oberoihotels.com

The Oberoi Group is a hotel group with it's head office in Delhi.[2] Founded in 1934, the company owns and/or operates 35 luxury hotels and two river cruise ships in six countries, primarily under its Oberoi Hotels & Resorts and Trident Hotels brands.

History

The foundations of the Oberoi Group dates back to 1934 when Rai Bahadur Mohan Singh Oberoi, the founder of the group, bought 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 (P.R.S. Oberoi), continued the expansion of their group with properties both in India and abroad.[3]

November 2008 terrorist attack

On 26 November 2008 two hotels in Mumbai (The Oberoi, Mumbai & Taj Mahal Palace, Mumbai) were taken over by terrorist organizations as a part of the 2008 Mumbai attacks. 32 staff and guests were killed during the 3-day siege.[4]

Ownership

The two major holding companies of The Oberoi Group are EIH Ltd and EIH Associated Hotels (formerly East India Hotels). P.R.S. Oberoi is the current chairman of The Oberoi Group. His son, Vikram Oberoi, and , Arjun Oberoi, serve in the capacities of the Joint Managing Directors at the holding companies.

The Oberoi Family 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 in EIH Ltd. to Mukesh Ambani led Reliance Industries Investment and Holding Pvt Ltd. The stake sale happened on 30 August 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.

Hotels

The company currently manages hotels under the luxury Oberoi Hotels & Resorts brand, with a further 10 five-star properties under the Trident Hotels brand. The Group also operates 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 16 September 2012.

List of hotels

HotelCity/AreaCountryBrandNotes
The Oberoi AmarvilasAgraIndiaOberoi
The Oberoi, BangaloreBangaloreIndiaOberoi
The Oberoi, GurgaonGurgaonIndiaOberoi
The Oberoi RajvilasJaipurIndiaOberoi
The Oberoi Motor Vessel VrindaKeralaIndiaOberoiKerala backwater cruise
The Oberoi GrandKolkataIndiaOberoi
The Oberoi, MumbaiMumbaiIndiaOberoiAt Nariman Point, with the Trident
The Oberoi, New DelhiNew DelhiIndiaOberoi
The Oberoi SukhvilasChandigarhIndiaOberoi
The Oberoi VanyavilasRanthamboreIndiaOberoi
The Oberoi CecilShimlaIndiaOberoi
Wildflower HallShimlaIndiaOberoi
The Oberoi UdaivilasUdaipurIndiaOberoiNo. 1, World's Best Hotels, 2015.[5] No. 4, World Best Hotels, 2012[6]
The Oberoi, BaliBaliIndonesiaOberoi
The Oberoi, LombokLombokIndonesiaOberoi
The Oberoi, MauritiusMauritiusMauritiusOberoi
The Oberoi, Sahl HasheeshSahl Hasheesh, Red SeaEgyptOberoi
The Oberoi PhilaeNile CruiserEgyptOberoiNile cruise
The Oberoi ZahraNile CruiserEgyptOberoiNile cruise
The Oberoi, MadinaMadinaSaudi ArabiaOberoi
The Oberoi Business BayDubaiUnited Arab EmiratesOberoi
The Oberoi Beach ResortAl Zorah, AjmanUnited Arab EmiratesOberoi
The Oberoi MarrakechMarrakechMoroccoOberoiOpening late 2018
Trident AgraAgraIndiaTrident
Trident BhubaneswarBhubaneswarIndiaTrident
Trident ChennaiChennaiIndiaTrident
Trident CochinCochinIndiaTrident
Trident GurgaonGurgaonIndiaTrident
Trident HyderabadHyderabadIndiaTrident
Trident JaipurJaipurIndiaTrident
Trident Bandra KurlaMumbaiIndiaTrident
Trident Nariman PointMumbaiIndiaTridentAt Nariman Point, with the Oberoi
Trident UdaipurUdaipurIndiaTrident
Clarkes HotelShimlaIndia(stand-alone hotel)
Maidens Hotel, DelhiDelhiIndia(stand-alone hotel)

Oberoi family

Prominent members

NameDate of birthDate of deathNotes
Mohan Singh Oberoi15 August 18983 May 2002Founder of the Oberoi Group
Tilak Raj Singh Oberoi1929-Eldest son of MS Oberoi
Prithvi Raj Singh Oberoi?-Youngest son of MS Oberoi
Vikram Oberoi?-Son of PRS Oberoi
Arjun Oberoi?-Nephew of PRS Oberoi

See also

References

  1. ↑ "What are The Oberoi Group's three grand pillars of success?". People Matters. Retrieved 10 December 2017.
  2. ↑ "Contact Us." Oberoi Group. Retrieved on 14 November 2012. "Oberoi Hotels & Resorts 7, Sham Nath Marg, Delhi-110 054, India "
  3. ↑ "About Our Founder". Oberoi Group. Retrieved 10 December 2015.
  4. ↑ Blakely, Rhys (22 December 2008). "A taste of defiance as massacre hotel opens for high tea". The Times. London. Retrieved 2011-01-08.
  5. ↑ World's Best Hotels
  6. ↑ World's Best Hotels 2012

Further reading

* "Oberoi Hotels ranked as Asia's leading brand"

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