Oberoi Group is a hotel company with its headquarters in Delhi. Established in 1934, the company owns and/or operates 30 luxury hotels and two river shipping vessels in six countries, principally under Oberoi Hotels & amp; Resorts and the Trident Hotels brand.
Video The Oberoi Group
Histori
The foundations of the Oberoi Group date back to 1934 when Rai Bahadur Mohan Singh Oberoi, founder of the group, bought two properties: Clarke in Delhi and Clarke in Shimla. In the following years. Oberoi, assisted by his two sons, Tilak Raj Singh Oberoi and Prithvi Raj Singh Oberoi (P.R.S. Oberoi), continue their group expansion with properties both in India and abroad.
Terrorist attacks November 2008
On 26 November 2008, two hotels in Mumbai (The Oberoi, Mumbai & Taj Mahal Palace, Mumbai) were taken over by terrorist organizations as part of the Mumbai attacks 2008. 32 staff and guests were killed during the 3 day siege.
Maps The Oberoi Group
Ownership
The two main holding companies of The Oberoi Group are EIH Ltd. and EIH Associated Hotels (formerly East India Hotels). P.R.S. Oberoi is the current chair of the Oberoi Group. His son, Vikram Oberoi, and his nephew, Arjun Oberoi, serve in the capacity of the Joint Managing Director of the parent company.
The Oberoi family is the majority shareholder in EIH Ltd with 32.11% of the shares. Cigarette for conglomerate hotel, ITC Limited owns about 14.98% stake in EIH Ltd. To ward off pressure from ITC Ltd. whose holdings stand close to the trigger of automatic open bidding at 15%, the Oberoi family releases a 14.12% stake in EIH Ltd. to Mukesh Ambani leading Reliance Industries Investment and Holding Pvt Ltd. The share sale took place on August 30, 2010 for Rs. 1,021 crores rate EIH Ltd. with company value Rs. 7,200 crores. Recent share of dependence is increasing from ITC and stands at 20% overall for the Reliance industry.
Hotel
The company currently manages the hotel under the luxury of Oberoi Hotels & amp; Resort , with 10 five star properties under the Trident Hotels brand. The Group also operates Clarke in Shimla and Maidens Hotel, Delhi. Both of these properties are not owned under the Trident or under the Oberoi brand. The Clarke, having remained closed while following his lawn due to construction in environmentally sensitive environments, reopened on September 16, 2012.
List of hotels
Gallery
See also
- The Oberoi Family
References
Further reading
External links
- Official website
Source of the article : Wikipedia
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