Skip to content

Search

Latest Stories

Indian hospitality icon PRS Oberoi of The Oberoi Group passes away at 94

Industry members say his passing is a significant loss to the Indian hospitality industry

Indian hospitality icon PRS Oberoi of The Oberoi Group passes away at 94

Prithvi Raj Singh Oberoi, also known as 'Biki,' a stalwart of Indian hospitality and chairman emeritus of the Oberoi Group, passed away on Nov. 14 at the age of 94. Oberoi served as the executive chairman of EIH Limited, the flagship company of The Oberoi Group, and as the chairman of Oberoi Hotels Private Limited, the major shareholder of EIH Limited.

“It is with profound grief and sorrow that we wish to inform you of the peaceful passing of our beloved leader, P.R.S. Oberoi, chairman emeritus earlier today,” The Oberoi Group said in a statement. “His passing is a significant loss for The Oberoi Group and the hospitality industry in India and overseas."


Oberoi is acknowledged as a key figure in the Indian hotel industry, contributing to the globalization of Oberoi hotels by establishing a presence in major cities. He received notable accolades, including the Padma Vibhushan, India's second-highest civilian honor, awarded in January 2008 for exceptional service to the country.

Established in 1934, The Oberoi Group presently manages 32 hotels and two river cruise ships across seven countries—India, Egypt, Indonesia, Mauritius, Morocco, Saudi Arabia, and the UAE—operating under the Oberoi Hotels & Resorts and Trident brands. The group also oversees The Oberoi Centre for Learning and Development, which he established in 1967 and is recognized as a prominent institution for hospitality education in Asia.

Last February, J.P. Rama, former AAHOA chairman and co-founder of JHM Hotels, now Greenville, South Carolina-based auroHOTELS, died while visiting family in Ahmedabad, India, at the age of 74.

More for you

India hotel investment forecast

Report: India’s hospitality sector to attract $1B by 2028

India's Surging Hotel Investment Landscape

INDIA’S HOSPITALITY INDUSTRY is expected to attract $1 billion in investments by 2028, up from $340 million in hotel transactions last year, according to JLL India. RevPAR rose 16.3 percent from January to March compared to the same period last year. It also rose 8 percent from the fourth quarter of 2024.

Around 79 hotels with 9,478 keys were signed during the quarter, while 31 branded hotels with 3,253 keys opened, the report said.

Keep ReadingShow less
IHG Opens 50th Hotel in India
Photo credit: IHG Hotels & Resorts

IHG opens 50th hotel in India

IHG HOTELS & RESORTS recently opened the 110-key Crowne Plaza Lucknow in Uttar Pradesh, its 50th hotel in the country. The company signed 18 new hotels across its brand portfolio in 2024, with 30 percent of the signings in the premium and luxury segments in India.

The Lucknow property, serving business and leisure travelers, offers 40,000 square feet of meeting and event space, a gym and an outdoor pool, IHG said in a statement.

Keep ReadingShow less