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EIH Associated Hotels Ltd.

BSE: 523127 Sector: Services
NSE: EIHAHOTELS ISIN Code: INE276C01014
BSE 00:00 | 19 Apr 218.70 -1.30
(-0.59%)
OPEN

212.00

HIGH

220.00

LOW

207.35

NSE 00:00 | 19 Apr 220.20 0.25
(0.11%)
OPEN

220.00

HIGH

227.00

LOW

205.35

OPEN 212.00
PREVIOUS CLOSE 220.00
VOLUME 1504
52-Week high 310.00
52-Week low 180.00
P/E
Mkt Cap.(Rs cr) 666
Buy Price 0.00
Buy Qty 0.00
Sell Price 0.00
Sell Qty 0.00
OPEN 212.00
CLOSE 220.00
VOLUME 1504
52-Week high 310.00
52-Week low 180.00
P/E
Mkt Cap.(Rs cr) 666
Buy Price 0.00
Buy Qty 0.00
Sell Price 0.00
Sell Qty 0.00

EIH Associated Hotels Ltd. (EIHAHOTELS) - Company History

EIH Associated Hotels Ltd is an India-based company. The company is in the business of hotel operation. Their principal activity is to provide hotel and resort services. The company's hotels include The Oberoi Cecil Shimla; The Oberoi Rajvilas Jaipur; Trident Agra; Trident Bhubaneshwar; Trident Chennai; Trident Jaipur; Trident Udaipur and Trident Cochin. Island Hotel Maharaj Ltd is the wholly owned subsidiary of the company. EIH Associated Hotels Ltd was incorporated in March 21 1983 as a public limited company in the state of Tamil Nadu. The company commenced their operations on June 10 1983 with the brand name Pleasant Hotels. In November 6 1984 the company entered into a franchise agreement with Ramada (U.K.) Ltd. The name of the company was changed from Pleasant Hotels Ltd to Oberoi Associated Hotels Ltd with effect from October 25 1989.In November 1 1996 the name of the company was further changed to EIH Associated Hotels Ltd. In the year 1997 the company opened their deluxe hotel 'Rajvilas' in Jaipur. In the year 2001 they acquired about 1.62 lakh sq ft of space at the Bandra-Kurla complex in Mumbai from the Mumbai Metropolitan Regional Development Authority for Rs 121 crore. In September 2002 ITC marginally increased their stake in the company to 14.9 percent.During the year 2003-2004 the company entered into Franchise agreement with Hilton International and The Trident Chennai had re-branded into Trident Hilton. The company introduced contact center and became operational with Toll Free number for easy access by customer. During the year 2005-2006 the company's all day dinning restaurant was opened at Trident Hiltion Chennai and a new business center was added at the hotel. Indus Corporation Ltd amalgamated with the company with effect from April 1 2005. During the year 2006-2007 the company acquired of two hotels namely the Oberoi Cencil Shimla and Trident Hilton Bhubaneswar They developed a new seafood restaurant at Hilton Chennai.During the year 2007-2008 the company opened a speciality Indian restaurant in Oberoi Rajvilas Jaipur. In November 2007 the company completed the renovation of Trident Agra and in December 2007 they also opened a new seafood restaurant at Trident Chennai. During the year 2008-2009 the company two-fitness center opened in Trident Chennai and Trident Bhubaneshwar.

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