Oberoi Hotels to open its first hotel in London by 2028, plans to set up new subsidiary in UK

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Key Points

Oberoi Hotels parent company EIH has announced its plans to establish a presence in London, UK, with a new Oberoi Hotel by March 2028..

Last August, Reliance Industries (RIL), which holds an 18 percent stake in EIH, announced a joint venture with Oberoi to manage three properties, including one in the UK...

Oberois UK entry assumes significance for Indian hospitality brands in London, where the Taj Group currently operates two hotels..

EIH Ltd, the flagship company of the Oberoi group, will acquire a 51 percent equity stake in Pune-based Muttha Towers II Pvt Ltd a hospitality and commercial real estate firm, which had total assets worth Rs 175 crore as of March end...

The proposed commercial complex will have office spaces and food and beverage focused retail outlets spread over 4.08 lakh square feet, according to the filing.The commercial operations of the development are expected to commence in Q1 of FY 2029-30, said EIH..

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