In keeping with EIH’s strategic expansion, The Oberoi Group announced the addition of two new resorts in Rishikesh. An 80-key Luxury Oberoi Resort that will carry the ‘vilas’ name symbolising unparalleled luxury and personalised service as part of its branding. The second will be a distinctive 120-key five-star hotel with the Trident branding. Both hotels will be managed by EIH, The Oberoi Group’s flagship company.
Set amidst a breathtaking 60-acre site, embraced by the Ganges on three sides, these resorts will offer an unparalleled retreat near Rishikesh. The Oberoi Resort carrying the ‘vilas’ name and the Trident Resort are owned and being developed by Devprayag Ganges Resorts, and Jamuna Hotel Enterprises respectively, both entities of The Ladhani Group. World renowned architect, Bill Bensley has been entrusted with designing these exceptional hotels, blending luxury with the natural beauty and spiritual essence of Rishikesh.
The two resorts in Rishikesh to be managed by EIH are in addition to the 19 properties previously announced as part of EIH’s ambitious growth strategy, that includes 16 hotels, two luxury boats, and a Nile cruiser to be completed by 2029.
EIH continues its strong growth momentum, delivering its highest-ever Q3 performance with standalone revenue at ₹722 crore and consolidated revenue at ₹831 crore. Standalone and consolidated EBITDA grew to ₹330 crore and ₹388 crore respectively. PAT for Q3 stood at ₹220 crore and ₹279 crore on a standalone and consolidated basis which saw an increase of 18 per cent and 21 per cent respectively. A 17 per cent YoY RevPAR growth in Q3 for domestic hotels (owned & managed) further reinforced the company’s leadership in luxury hospitality. The Q3 results have been achieved despite closure of The Oberoi Grand for complete restoration.
SN Ladhani, Chairman, The Ladhani Group & SLMG Beverages, commented, “We are beyond excited to collaborate with The Oberoi Group, a brand synonymous with excellence in hospitality. Rishikesh is a destination of immense cultural and natural significance, and we are committed to developing resorts that celebrate its beauty while offering guests world-class experiences. With The Oberoi Group’s legendary expertise in hospitality and Bill Bensley’s visionary design, we are confident that the two resorts will set new benchmarks in luxury hospitality. This project, under my guidance, will be spearheaded by my grandchildren, Simran Ladhani & Rachit Ladhani.”
Arjun Oberoi, Executive Chairman, The Oberoi Group said, “These two resorts reflect our unwavering commitment to expanding our presence in remarkable destinations. In partnership with The Ladhani Group, we are set to create a distinctive experience in Rishikesh, where the unique setting and Bill Bensley’s design expertise will come together to offer guests an oasis of luxury, tranquillity, and Oberoi’s legendary hospitality.”
Vikram Oberoi, CEO & MD, The Oberoi Group further added, “We are delighted to partner with The Ladhani Group on these exceptional resorts. As we continue to expand, our goal remains to create extraordinary hotels with strong financial performance in both city and leisure destinations that blend the very best in luxury, culture and heritage with personalised service that is distinctively Oberoi.”
With planning already underway, construction of the two resorts in Rishikesh is expected to begin in early 2026. These developments mark another important milestone in The Oberoi Group’s continued growth, reinforcing its leadership in luxury hospitality.
