Top 10 Hotels in India 2016

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6. EIH Associated Hotels Limited

Initially incorporated under the name Pleasant Hotels Limited, the company came into existence on 21st March 1983.

Image: company website

The company went through two more rounds of name changes, first being referred to as Oberoi Associated Hotels Limited in 1989, and then eventually being renamed to EIH Associated Hotels Limited, with this name being legally adopted on November 1st 1996. EIH Associated Hotels Limited is a major holding company of The Oberoi Group, which is one of the most prominent Groups active in the hospitality business in India.

Rai Bahadur Mohan Singh Oberoi is credited to be the founder chairman of the company. EIH Associated Hotels Limited owns, manages and operates five star hotels in prime tourist locations in India. These include The Oberoi Rajvilas in Jaipur, The Oberoi Cecil in Shimla, and the hotels operating under the brand name Trident at Agra, Bhubaneshwar, Cochin, Chennai, Jaipur and Udaipur. The able management of the company includes the likes of Ms.Indrani Ray, Mr.Akshay Raheja, Mr.P R S Oberoi, Mr.Rajesh Kapadia, Mr. SS Mukherjee and Mr.Vikram Oberoi. While the Oberoi Group or its associated companies need no certification, the hotels managed by the EIH Associated Hotels Limited have bagged several awards in the past – notably “India’s leading resort”, “Top 15 resorts in India”, “Best Hotels in India” by World Travel awards, World’s Best Awards and Conde Nast Traveler, USA, respectively.

Listed on both the BSE and NSE stock exchange in India, EIH Associated Hotels Limited has 30,468,147 outstanding shares (as of 31st December, 2015). The abbreviation EIH actually stands for East India Hotels. The company follows the corporate governance model called as “The Oberoi Dharma” and stays committed to its mission of not just meeting but in fact exceeding the expectation of its guests, and of creating extraordinary value for all its stakeholders.

Market Cap (Rs. cr): 1069

Net Sales (Rs. cr): 249

Net Profit (Rs. cr): 38.37

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