Two new resorts from The Oberoi Group to come up in Rishikesh

The Oberoi Group announces the addition of two new resorts in Rishikesh. An 80-key Luxury Oberoi Resort that will carry the “vilas” name symbolizing luxury and personalized 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 Limited, The Oberoi Group’s flagship company.

Resort Locations and Development

Set amidst a 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.

Architect Bill Bensley has been entrusted with designing these hotels, blending luxury with the natural beauty and spiritual essence of Rishikesh.

Part of EIH’s Growth Strategy

The two resorts in Rishikesh to be managed by EIH Limited are in addition to the 19 properties previously announced as part of EIH’s growth strategy, which includes 16 hotels, two luxury boats, and a Nile cruiser to be completed by 2029.

Financial Performance of EIH

EIH continues its strong growth momentum, delivering its highest-ever Q3 performance with standalone revenue at Rs. 722 crore and consolidated revenue at Rs. 831 crore. Standalone and consolidated EBITDA grew to Rs. 330 crore and Rs. 388 crore, respectively.

PAT for Q3 stood at Rs. 220 crore and Rs. 279 crore on a standalone and consolidated basis, which saw an increase of 18% and 21%, respectively. A 17% YoY RevPAR growth in Q3 for domestic hotels (owned & managed) further reinforced the company’s leadership in luxury hospitality.

Statements from the Ladhani Group

S.N Ladhani, Chairman of 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.”

Oberoi Group’s Commitment to Expanding Presence

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, tranquility, 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 personalized service that is distinctively Oberoi.”

Resort Construction and Planning

With planning already underway, construction of the two resorts in Rishikesh is expected to begin in early 2026.