Vikram S. Oberoi, Managing Director and CEO of EIH Limited, the flagship company of The Oberoi Group, has been at the forefront of driving the luxury hospitality brand to greater heights. With his leadership, the Oberoi Group has initiated ambitious growth plans, positioning itself as a global leader in luxury hospitality.
Strategic Expansion Plans
In March 2024, Vikram Oberoi unveiled the group’s vision to have 50 new hotels in place by 2030. The strategic initiative is designed to expand the Oberoi and Trident brands’ international footprint, but with an emphasis on smaller, boutique-sized hotels in scenic locations that capture a strong sense of place. Oberoi stressed the need to raise hotel rates in India to international standards, and ensuring Indian hotels are regarded as world-class properties.
Industry Recognition
The Oberoi Group’s quest for excellence has been recognized all over the world. In August 2024, the group was awarded as the Best Luxury Hotel Group in the World at the Times Travel Awards UK 2024. This recognition is a testament to the brand’s commitment to offering the finest luxury experiences to its patrons.
Navigating Family Dynamics
Aside from business success, Vikram Oberoi has been entangled in family issues in the Oberoi Group. In September 2024, a legal battle arose after his sister, Anastasia Oberoi, sought a lawsuit against him and his other family members in the Delhi High Court. The case deals with the administration of their late father PRS Oberoi’s will, raising the issue of family business succession.
Vision for the Future
A forward-looking approach defines Vikram Oberoi’s leadership. He has a vision for the future where the Oberoi Group continues to benchmark luxury hospitality, focusing on quality service, employee training, and strategic expansion. His vision for improving the guest experience and the brand’s global reach demonstrates his commitment to the development of the hospitality industry.
In short, Vikram S. Oberoi’s strategic plans, industry awards, and skilled management of family relationships highlight his key position in guiding the Oberoi Group toward a bright future in the international luxury hospitality industry.
