Chairman Emeritus of The Oberoi Group Prithvi Raj Singh Oberoi, widely known as the doyen of Indian hospitality, passed away on Tuesday, leaving behind a rich legacy. "It is with deep sadness that we inform the peaceful passing of PRS Oberoi, Chairman Emeritus of The Oberoi Group, earlier today," a statement said. A luminary in the hospitality industry, Oberoi's legacy transcends borders, leaving an indelible mark on the global landscape, it added. PRS Oberoi received numerous awards and accolades, amongst the most noteworthy the Padma Vibhushan, in recognition of his exceptional contribution to the country in tourism and hospitality. He was also honoured with the Lifetime Achievement Award at ILTM ( International Luxury Travel Market), recognizing his exceptional leadership and vision. PRS Oberoi was presented with the 'Corporate Hotelier of the World' award by HOTELS magazine USA. The 6th International Hotels Investment Forum in Berlin honoured him with the prestigious Lifetime
To convert these concepts into practice, Biki introduced a 'transformation programme' into the existing hotels in the Group
Born in 1929, Biki Oberoi was the executive chairman of EIH Limited, the flagship company of the Oberoi Group, from 2002 to 2022
In 2008, Oberoi was awarded the Padma Vibhushan, India's second-highest civilian honour for his contributions to the hospitality industry
Reliance Industries and The Oberoi Hotels and Resorts will jointly manage three properties across India and the UK
Hospitality firm EIH Ltd, a part of the Oberoi group, on Friday reported an over three-fold rise in consolidated net profit at Rs 151.08 crore in the December quarter, on the back of higher revenue. The company had posted a consolidated net profit of Rs 41.85 crore in the same quarter a year ago, EIH Ltd said in a regulatory filing. Consolidated revenue from operations during the period under review stood at Rs 586.41 crore as compared to Rs 360.12 crore in the corresponding period last fiscal. Total expenses were higher at Rs 415.99 crore, up from Rs 313.87 crore in the third quarter last fiscal, the company said.
Oberoi group firm EIH Associated Hotels Ltd on Tuesday reported a profit after tax of Rs 5.68 crore in the first quarter ended June 30, 2022
In terms of volume, Oberoi Realty's sales bookings stood at 4,01,182 square feet in April-June 2022 as compared to 92,128 square feet in the year-ago period
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The board of directors at a meeting held on Monday appointed Shib Sanker Mukherji, who was the vice chairman, as the new chairman of the company, EIH Associated Hotels said in a regulatory filing
The alliance will provide guests of both groups a wider choice of sought-after destinations across the globe, along with greater depth in India
Hospitality firm The Oberoi Group said it has entered into a long-term strategic alliance with Mandarin Oriental Hotel Group to collaborate across a range of initiatives
The joint venture Oberoi-A&M Infra-Consortium will also handle the Saarc operations of the European group
Oberoi Anantvilas in BKC will be hotel chain's first urban resort
The two major access points of the hotel have been clogged by hawkers and squatters, who have wormed their way to occupy up to three-fourths of the area surrounding the property