Profit at Rs 770 crore in FY 25, Oberoi Hotels sees its ‘strongest ever financial performance’
EIH limited has a pipeline of 21 properties to be completed by 2029, comprising 19 hotels, two luxury boats, and a Nile cruiser. This expansion includes eight hotels to be owned, invested in, and operated directly or through joint ventures by EIH limited and 13 (including 2 luxury boats and a Nile cruiser) to be managed by The Oberoi Group. The development pipeline spans 12 hotels in India and nine international hotels & cruises across London, Egypt, Bhutan, Nepal, and Saudi Arabia. Upon completion, 16 hotels (including the boats and cruisers) will operate under the Oberoi brand and five hotels under the Trident brand, representing a total inventory of about 1,473 keys.
The Oberoi Group executive chairman, Arjun Oberoi said: “This has been a milestone year for EIH Ltd, delivering record financial results. Our robust performance reflects our long-term vision, strong governance, and unwavering commitment to excellence. With a solid financial foundation, we are well-positioned to drive strategic growth across key markets while creating sustained value for all our stakeholders.”
The Oberoi Group CEO, Vikram Oberoi, said: “These results highlight the relentless dedication of our teams and their pursuit of operational excellence. As we continue to expand our footprint, we remain steadfast in delivering exceptional guest experiences driven through our values and culture that places our guests and their wellbeing at the centre of everything we do.”
Stay informed with the latest business news, updates on bank holidays and public holidays.
AI Masterclass for Students. Upskill Young Ones Today!– Join Now
Popular from Business
- Big hit for Indians in the US! How Donald Trump’s steps to curb migration, tax remittances may cost India billions of dollars
- RIL moves SC against Delhi HC order in $1.7 billion gas dispute with govt
- Forced to destroy! US rejects 15 mango shipments from India, exporters estimate losses of $500,000
- Income tax department notifies ITR-U: Extended window for filing updated return, penalties- all you need to know
- Gold rate today: Gold prices have plunged over Rs 6,500 from all time high; where is the yellow metal headed?
end of article
Trending Stories
- Populist vs Popstars: Why Donald Trump is at war with Taylor Swift, Beyonce, and Bruce Springsteen
- CHSE Odisha Class 12th Result 2025 Live Updates: Odisha Plus Two (+2) Result releasing soon at chse.odisha.nic.in, check how to download marksheet here
- Voyeurism in Bengaluru Metro: Instagram page 'Bangalore Metro Chicks' sparks outrage for secretly filming women
- Gold price prediction today: Will gold rate go below Rs 90,000 & should you buy or sell?
- New Baba Vanga's predictions spark mass trip cancellations among travellers in July 2025 - know why
- Bengaluru Rains, Weather Live Updates: Bengaluru sees second-highest May rain in decade amid rising heat; IMD predicts
- Wayne Gretzky’s daughter Paulina Gretzky stuns fans with bold new photoshoot amid PGA Championship appearance
Featured in Business
- Bullet train project bets on European signalling technology; talks on for Japanese Shinkansen trainsets
- Gold price prediction today: Will gold rate go below Rs 90,000 & should you buy or sell?
- Stock market today: Nifty50 crosses 24,900; BSE Sensex jumps 800 points
- Top stocks to buy today: Stock recommendations for May 21, 2025
- Chipping away at ties: China slams US AI chip curbs, vows retaliation against ‘bullying’
- Regulatory clearance delays can lead to uncertainty: FM Sitharaman
Visual Stories
- Zodiac signs who can’t handle confrontation
- Shilpa Shirodkar's trendy ethnic outfits
- Not just Iceland: 8 other places in the US and Europe to see the Northern Lights
- 10 most beautiful freshwater aquarium fish for beginners
- 8 ways to make idlis more nutritious without changing the taste
Photostories
- 6 tricks the highly successful people apply to increase their luck in life
- The disturbing story of James Dean’s haunted car that brought doom to anyone who bought or used its parts
- Lesser-known facts about Mohanlal: From holding a black belt in Taekwondo to becoming the highest-paid actor in Mollywood
- 6 benefits of consuming fresh paneer regularly
- From giant anaconda in the Amazon to massive python in floodwaters: 5 viral snake videos that give us goosebumps
- Top 5 foods that help ease arthritis symptoms naturally
- 5 benefits of doing Surya Namaskar with the sunrise
- 5 Buddhist sites in Andhra that feel like time travel
- Numerology Predictions Today, May 21, 2025: Read your personalized forecast for numbers 1 to 9
Top Trends
Up Next
Start a Conversation
Post comment