EIH Associated Hotels Limited is in the business of hotel operation. Their principal activity is to provide hotel and resort services. The company's hotels include The Oberoi Cecil, Shimla; The Oberoi Rajvilas, Jaipur; Trident, Agra; Trident, Bhubaneshwar; Trident, Chennai; Trident, Jaipur; Trident, Udaipur, and Trident, Cochin. Island Hotel Maharaj Ltd is the wholly owned subsidiary of the company.
EIH Associated Hotels Limited, a member of The Oberoi Group renowned for setting global benchmarks in luxury hospitality, commenced its journey in June, 1983 as Pleasant Hotels Limited in Tamil Nadu. Thereafter, it ventured into a franchise agreement with Ramada (U.K.) Ltd in November, 1984.
In the year 1997, the company opened their deluxe hotel 'Rajvilas' in Jaipur. In the year 2001, they acquired about 1.62 lakh sq ft of space at the Bandra-Kurla complex in Mumbai from the Mumbai Metropolitan Regional Development Authority for Rs 121 crore.
In September 2002, ITC marginally increased their stake in the company to 14.9 percent. During the year 2003-2004, the company entered into Franchise agreement with Hilton International and The Trident, Chennai had re-branded into Trident Hilton. The company introduced contact center and became operational with Toll Free number for easy access by customer.
During the year 2005-2006, the company's all day dinning restaurant was opened at Trident Hiltion, Chennai and a new business center was added at the hotel. Indus Corporati ...on Ltd amalgamated with the company with effect from April 1, 2005. During the year 2006-2007, the company acquired of two hotels, namely the Oberoi Cencil, Shimla and Trident Hilton, Bhubaneswar They developed a new seafood restaurant at Hilton, Chennai.
During the year 2007-2008, the company opened a speciality Indian restaurant in Oberoi Rajvilas, Jaipur. In November 2007, the company completed the renovation of Trident, Agra and in December 2007, they also opened a new seafood restaurant at Trident, Chennai. During the year 2008-2009, the company two-fitness center opened in Trident, Chennai and Trident, Bhubaneshwar.
During the year 2012-13, Island Hotel Maharaj Limited, the Company's wholly-owned subsidiary was merged with the Company through Scheme of Amalgamation with effect from 1st April, 2011, as a going concern.
The Company launched Oberoi One' in FY 2020-21. In 2022, it launched Trident Hotel. The Company introduced Premier Rooms with Private Garden - a sanctuary where guests can relax on sun loungers in their private outdoor spaces and enjoy all fresco dining at The Oberoi Rajvilas in 2024.
In FY 2025, Company launched OberoiConnect, a cloud-based Human Resource Management System by DarwinBox, to streamline HR processes and enhance employee experience across all Oberoi and Trident Hotels in India.
FAQs on EIH Associated Hotels Ltd
1. Can I buy EIH Associated Hotels Ltd from PL Capital? ›
Yes, you can invest in EIH Associated Hotels Ltd shares directly through PL Capital. Our platform provides a seamless and secure way to buy, hold, and track EIH Associated Hotels Ltd stock along with other leading companies listed on the NSE and BSE. Simply open a Demat and trading account with PL Capital, and you’ll be able to trade EIH Associated Hotels Ltd as well as diversify your portfolio across equities, mutual funds, IPOs, and more.
2. Does EIH Associated Hotels Ltd pay dividends? ›
Yes, EIH Associated Hotels Ltd has a consistent history of rewarding its shareholders through dividend payouts. Dividend frequency and amounts vary depending on the company’s financial performance and board approvals. Investors holding EIH Associated Hotels Ltd shares on the record date announced by the company are eligible to receive dividends directly into their bank accounts linked with their Demat holdings.
3. What is the current share price of EIH Associated Hotels Ltd ? ›
As of
01-Jan-1980 , 00:00:00 the share price for EIH Associated Hotels Ltd. is ₹ 356.9 on the NSE (Note: Prices are dynamic and update frequently during market hours).
4. What is the 52-week high and low of EIH Associated Hotels Ltd ? ›
The 52-week high and low of EIH Associated Hotels Ltd share price is ₹ - ₹ as of
01-Jan-1980 , 00:00:00 .
