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Time of India
6 days ago
- Business
- Time of India
The Oberoi Group Unveils Ambitious Sustainability Initiative: The Future of Luxury Hospitality, ET HospitalityWorld
As The Oberoi Group enters a new phase of growth, marked by exciting developments and a strong pipeline of hotel openings, it reaffirms its commitment to building a future anchored in sustainability. Elements by Oberoi, the Group's holistic environmental and social responsibility framework, reflects a philosophy that has quietly shaped its ethos for decades and now takes centre stage as the company scales new heights. Elements by Oberoi represents the Group's evolved sustainability vision. It is deeply embedded in the Group's operations and continuously expanding to meet the needs of the planet, people, and future generations, said a company release. Advt Advt Guided by life-sustaining elements—Earth, Water, and Air, this comprehensive framework articulates the Group's environment-first actions and sets forth ambitious goals to further reduce ecological impact, drive operational innovation, and uplift communities, it stated. Arjun Oberoi , executive chairman – The Oberoi Group, said, 'We have always believed that excellence must be enduring. As we grow and expand our footprint, sustainability is not just a value—it is a way of life that shapes how we build, serve, and lead. With Elements by Oberoi, we reaffirm our commitment to responsible growth, where every decision is made with care for our planet and our communities.' Vikram Oberoi , chief executive officer – The Oberoi Group, further added, 'True luxury is defined by the care with which we serve our guest and equally demonstrate through our actions towards people, the community and our planet. With Elements by Oberoi, sustainability is seamlessly embedded into the guest journey and in how we engage with people, the communities around us and our precious environment. Our commitment is to creating experiences that are both meaningful and mindful.' Oberoi Hotels & Resorts believes that sustainability extends beyond the environment—it is also about uplifting people and preserving cultural identity. Through structured initiatives, the Group invests in inclusive growth, skill-building, and community partnerships, the release 2030, the release said, Oberoi Hotels & Resorts aims to:—Recycle 100 percent of waste water and reduce fresh water consumption per occupied room by 20 percent—Source 50 percent of electricity from renewable energy—Transition transport fleets to fully electric vehicles—Phase out fossil fuel-based thermal systems in favour of electric alternatives across all new hotels and while replace equipment at our existing by Oberoi is a quiet yet powerful philosophy reflected in every detail of Oberoi Hotels & Resorts' design, service, and operations. As sustainability becomes essential to luxury, Oberoi's legacy continues with conscience, care, and clarity of purpose, it concluded. By , ETHospitalityWorld Join the community of 2M+ industry professionals. Subscribe to Newsletter to get latest insights & analysis in your inbox. All about ETHospitalityWorld industry right on your smartphone! Download the ETHospitalityWorld App and get the Realtime updates and Save your favourite articles.
Time of India
7 days ago
- Business
- Time of India
Oberoi Group launches 'Elements' Plan to go greener by 2030
The Oberoi Group said on Monday that Elements by Oberoi , the Group's environmental and social responsibility framework, which reflects a philosophy that has 'quietly' shaped its ethos for decades, now takes 'centre stage' as the company scales 'new heights.' Oberoi Hotels & Resorts said by 2030, it aims to recycle 100% of waste water and reduce fresh water consumption per occupied room by 20%, source 50% of electricity from renewable energy , transition transport fleets to fully electric vehicles and phase out fossil fuel-based thermal systems in favour of electric alternatives across all new hotels. The chain said guided by life-sustaining elements, earth, water, and air, this framework articulates the group's environment-first actions and sets forth ambitious goals to further reduce ecological impact, drive operational innovation, and uplift communities. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Explore the 18 Most Stunning Hotel Pools Only the Rich and Famous Get to Swim In! Click Here Undo 'We have always believed that excellence must be enduring. As we grow and expand our footprint, sustainability is not just a value—it is a way of life that shapes how we build, serve, and lead. With Elements by Oberoi, we reaffirm our commitment to responsible growth, where every decision is made with care for our planet and our communities," said Arjun Oberoi, executive chairman of The Oberoi Group. Vikram Oberoi, chief executive officer of The Oberoi Group, further added that with Elements by Oberoi, sustainability is 'seamlessly' embedded into the guest journey and in how the chain engages with people, the communities around it and its precious environment. "Our commitment is to creating experiences that are both meaningful and mindful," he added. Live Events The chain said from advanced rainwater harvesting and zero liquid discharge systems to sustainable laundry operations, it embeds circular practices into its water management. It further added that it is committed to reducing its carbon footprint and embracing clean energy, smart systems, and air purification across its hotels. "From solar- and wind-powered operations to electric vehicle charging infrastructure and automated energy systems, our efforts ensure a healthier and more sustainable future for our guests and the planet," the group said in a statement.
Time of India
13-06-2025
- Automotive
- Time of India
Udaivilas to host 2nd edition of Oberoi Concours d'Elegance next February
Oberoi Concours d'Elegance at The Oberoi Udaivilas, Udaipur NEW DELHI: The second edition of the Oberoi Concours d'Elegance will be held at The Oberoi Udaivilas, Udaipur, from Feb 20 to 22, 2026. The event celebrating automative heritage will bring together an assemblage of classic automobiles and motorcycles from across the globe. Arjun Oberoi, chairman of The Oberoi Concours d' Elegance committee & executive chairman of The Oberoi Group, said: 'The Oberoi Concours d'Elegance has set a new standard for automotive events in India and beyond. Its global recognition is a testament to our commitment to celebrating the finest classic automobiles and motorcycles in an extraordinary setting. We are delighted to welcome collectors and enthusiasts back to The Oberoi Udaivilas, Udaipur for an even more spectacular second edition. ' Manvendra Singh Barwani, curator of The Oberoi Concours d' Elegance, said: 'This event showcases India's deep-rooted automotive heritage and its growing significance on the global concours circuit. We look forward to gathering some of the world's most remarkable classic vehicles, judged by an exceptional panel of experts, in a truly regal setting.' The event will begin with The Oberoi Tour d'Elegance, a drive around Fatehsagar Lake in Udaipur. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Switch to UnionBank Rewards Card UnionBank Credit Card Apply Now Undo Sandra Button, chairman of the Pebble Beach Concours d'Elegance, will return as chief judge, leading a panel of experts, collectors, and racing legends, including Jackie Stewart, Jacky Ickx, Giacomo Agostini, Derek Bell MBE, Peter Stevens, Gordan Murray, Prince Michael of Kent, Michael Kadoorie and Jean Todt. David McKirdy will continue as chief judge for motorcycles. In a statement, The Oberoi Group said: 'The 2026 edition of The Oberoi Concours d'Elegance will present an exceptional selection of automobiles and motorcycles across the following categories: Automobiles: Pre-War Classics – European (1918 - 1945) Pre-War Classics – American (1918 - 1945) Post-War Classics – European (1946 - 1970) Post-War Classics – American (1946 - 1970) Pre-War Classics – Rolls Royce (1904 - 1945) Cars of The Maharajas – Jodhpur (1900 – 1955) Indian Heritage – Preservation (1947 - 1972) Indian Heritage – Motor Racing (1947 – 1989) Youngtimer Classics (1975 - 1990) Indian Coachbuilt: Then & Now (1920 – 1945) Motorcycles: Veteran – Vintage (1900 – 1930) Pre-War Classics (1931 - 1945) Post-War Classics (1946 - 1969) Indian Heritage – Motor Racing (1947 – 1989)'
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Business Standard
21-05-2025
- Business
- Business Standard
EIH Q4 results: PAT up 6% to Rs 261.62 cr on strong demand across segments
EIH Ltd, owner and operators of Oberoi and Trident brands of hotels, reported a 6 per cent rise in its March quarter net profit on improved demand in both business and leisure segments. Consolidated net profit of Rs 261.62 crore in January-March - the fourth quarter of April 2024 to March 2025 financial year - was compared with Rs 247.59 crore earnings in the same period a year back, according to a company statement. "The company delivered its best-ever performance, reflecting sustained operational excellence and continued demand across both business and leisure segments," it said. Revenue was up 11 per cent at Rs 866 crore while EBITDA rose 13 per cent to Rs 389 crore. "These record results mark a milestone year and the strongest financial performance in EIH Limited's history. They reflect the company's unwavering focus on operational excellence and underscore the enduring appeal of our brand. With a robust financial position, EIH Limited is well-positioned to drive continued growth and create long-term value for all stakeholders," the statement said. For the full fiscal, the firm posted a 14 per cent rise in net profit to Rs 769.90 crore on a revenue of Rs 2,880 crore. EIH said it has a robust pipeline of 21 properties to be completed by 2029, comprising 19 hotels, 2 luxury boats, and a Nile cruiser. This expansion includes eight hotels to be owned, invested in, and operated directly or through joint ventures by EIH, 13 properties (including the 2 luxury boats and a Nile cruiser) to be managed by The Oberoi Group. The development pipeline spans 12 hotels in India and 9 international hotels and cruises across London, Egypt, Bhutan, Nepal, and Saudi Arabia. Upon completion, 16 hotels (including the boats and cruiser) will operate under the Oberoi brand and five hotels under the Trident brand, representing a total inventory of approximately 1,473 keys. Arjun Oberoi, Executive Chairman, The Oberoi Group, commented, "This has been a milestone year for EIH Limited, delivering record financial results. Our robust performance reflects our long-term vision, strong governance, and unwavering commitment to excellence. With a solid financial foundation, we are well-positioned to drive strategic growth across key markets while creating sustained value for all our stakeholders." Vikram Oberoi, CEO, The Oberoi Group, further added, "These results highlight the relentless dedication of our teams and their pursuit of operational excellence. As we continue to expand our footprint, we remain steadfast in delivering exceptional guest experiences driven through our values and culture that places our guests and their wellbeing at the centre of everything we do." EIH's board has recommended a final dividend of Rs 1.5 per equity share (75 per cent on the face value of Rs 2 each) for the financial year 202425.
Time of India
21-05-2025
- Business
- Time of India
EIH Limited posts PAT of Rs 770 cr for FY25, revenue at Rs 2880 cr for the fiscal
EIH Limited , the flagship company of The Oberoi Group has reported a consolidated profit after tax of Rs 262 crore for the fourth quarter of fiscal year 2025, up 6% year on year. The luxury hospitality chain reported revenues of Rs 866 crore, up 11% year on year. For fiscal year, 2025, the chain reported consolidated revenues of Rs 2880 crore, up 10% year on year. EIH Limited reported a profit after tax of Rs 770 crore for the full fiscal year, up 14% year on year. Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Moose Approaches Girl At Bus Stop In Yogyakarta Jw - Watch What Happens Happy in Shape Undo EIH Limited has a pipeline of 21 properties to be completed by 2029, comprising 19 hotels, 2 luxury boats, and a Nile cruiser. This expansion includes 8 hotels to be owned, invested in, and operated directly or through joint ventures by EIH Limited, and 13 properties to be managed by The Oberoi Group. The development pipeline spans 12 hotels in India and 9 international hotels and cruises across London, Egypt, Bhutan, Nepal, and Saudi Arabia. Upon completion, 16 hotels (including the boats and cruiser) will operate under the Oberoi brand and 5 hotels under the Trident brand, representing a total inventory of approximately 1473 keys. Live Events Arjun Oberoi, executive chairman, The Oberoi Group said fiscal year 2025 has been a 'milestone year' for EIH Limited, delivering record financial results. "With a solid financial foundation, we are well-positioned to drive strategic growth across key markets while creating sustained value for all our stakeholders," he added. Vikram Oberoi, CEO, The Oberoi Group said as the chain continues to expand its footprint, it remains 'steadfast' in delivering 'exceptional' guest experiences driven through its values and culture that places its guests and their wellbeing at the centre of everything it does.
