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CA Barkha Kamra

12th Aug · SEBI-Registered Analyst

EIH LTD: CO TARGETS ~30 NEW PROPERTIES BY 2031

* $EIHOTEL , the flagship company of The Oberoi Group, has outlined an aggressive long-term expansion strategy, targeting the operational rollout of approximately 30 new properties by 2031. The expansion will strengthen its presence across key domestic and international luxury hospitality markets, with a significant portion expected to be developed through management contracts, allowing EIH to scale its room inventory with relatively lower capital intensity. The company currently has 30 owned/managed properties across 22 locations, with 3,967 rooms. * The expansion comes on the back of strong operating momentum and growing demand for premium hospitality. EIH reported Q1 FY27 revenue of ₹698 crore, up 15% YoY, while EBITDA increased to ₹207 crore, supported by robust domestic demand. The company’s development pipeline had already reached 29 upcoming hotels/luxury cruisers adding ~2,251 keys, indicating substantial medium-to-long-term capacity addition. The planned expansion should provide a multi-year growth runway for room inventory, revenue and earnings, while strengthening the Oberoi and Trident brands.

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