We are the flagship company of The Oberoi Group, one of the largest and most well-known hospitality groups in India. Our primary business is the ownership, management and operation of five star deluxe and five star hotels in metropolitan and major tourist destinations throughout India and in select tourist locations overseas. The locations and the aggregate number of rooms in these hotels are set forth in the following table:
|A.|| Hotels owned and managed by EIH Limited
|B.|| Hotels owned through Subsidiary/Associate Companies and managed by EIH Limited
|C.|| Hotels managed by EIH Limited
|D.|| Other Business Units owned and managed by EIH Limited
In addition to our primary hotel business, we are also involved in other businesses, such as flight and airport services, car rentals, air charter services, and a printing press.
The Company has a 100% equity interest in the six ‘The Oberoi Hotels’ located in Mumbai, New Delhi, Kolkata, Bengaluru, Udaipur and Ranthambhore. Through its subsidiaries or associate companies, the Company has equity interests in, and manages, The Oberoi Hotels in Agra, Jaipur, and Shimla. The Oberoi Hotels and Resorts are luxury properties serving foreign and domestic business customers and high-end leisure travellers. The Oberoi Hotels are widely recognised as being among the leading hotels in their markets and several have been assigned five star deluxe ratings, the highest available rating in India, by the Ministry of Tourism.
The Company also has equity interests in nine hotels that operate under the “Trident” name. Trident Hotels target business and leisure travellers to metropolitan and tier two cities in India who seek high-quality boarding, lodging and business or recreational facilities at more affordable rates than the five star deluxe segment. Several of the Trident Hotels have been assigned five star ratings. We have a 100% equity interest in and manage the Trident, Nariman Point and Trident, Bandra-Kurla Complex in Mumbai. We have a 36% equity interest in the Trident Hotels located in Agra, Bhubaneswar, Chennai, Cochin, Jaipur and Udaipur and manage the Trident in Gurgaon, just outside of Delhi.
Our business strategy calls for continued emphasis on high-end, upscale accommodation through the existing ‘The Oberoi and Trident Hotels’, as well as selective expansion in both the five star deluxe and five star segments of the Indian hotel industry by participating in the development and management of new hotel properties in destinations where we see significant opportunities. Development work is in progress for The Oberoi Hotel in Hyderabad and Trident Hotels in Bangalore, Dehradun and Hyderabad. Our international expansion plans include luxury properties in Dubai, Abu Dhabi, Greece, Oman, Mauritius and Morocco, which are in the planning stages and for which we have signed management contracts. We own and operate Oberoi Flight Services and Oberoi Airport Services, which provides catering and other services to leading international airlines, and operates restaurants and lounges in a number of India’s domestic and international airports. Our other businesses include air charter services through EIH Aviation, a division of the Company, a commercial printing press, and a car rental business in India through our 66.67% equity interest in Mercury Car Rentals Limited, a venture with Avis Europe.