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Expanding its domestic luxury footprint, EIH Limited—the operator of The Oberoi and Trident brands—has approved a capital outlay of ₹777 crore to develop a five-star deluxe Trident property near Shamshabad Airport in Hyderabad, Telangana. The hotel will come up on an 8.89-acre company-owned land parcel, funded through a mix of internal accruals and debt, with commercial operations targeted for September 2030. Additionally, EIH subsidiary Svara Hotels (formerly Mumtaz Hotels) has been allotted an alternative site by the Government of Andhra Pradesh for its proposed Trident hotel in Tirupati. Together, these strategic investments will enhance EIH’s capacity to serve both domestic and international guests across key high-growth Indian markets.
News by Rahul Yelligetti.
