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Home BUSINESS

Reliance Industries Partners with Oberoi Hotels

by Ayushi
August 24, 2023
in BUSINESS
KKR to invest ₹ 2,069.50 crore in Reliance Retail Ventures Limited at an equity value of ₹ 8.361 lakh crore; to increase equity stake from 1.17% to 1.42% .KKR’s follow-on investment in RRVL reaffirms its belief in the market opportunity and reliance retail's business model
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Reliance Industries, a prominent conglomerate, has announced a strategic collaboration with Oberoi Hotels and Resorts to jointly manage three luxury properties across India and the UK. This partnership is set to provide travelers with exceptional experiences at iconic destinations. The properties included in this collaboration are:

 

  • Anant Vilas Hotel, Mumbai: Anant Vilas is poised to be a unique addition to Oberoi’s prestigious ‘Vilas’ portfolio of luxury properties. Positioned in Mumbai’s bustling business district, the Bandra Kurla Complex (BKC), Anant Vilas aims to offer a distinct and iconic experience for discerning visitors. The property is strategically located in an area that is becoming a vibrant mixed-use destination, catering to various needs such as business, hospitality, shopping, dining, arts, culture, education, and residences.

 

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  • Stoke Park, UK: Owned by Reliance Industries’ subsidiary Stoke Park Limited, Stoke Park is nestled in Stoke Poges, Buckinghamshire, UK. The facility boasts a range of amenities, including a hotel, sports facilities, and a highly regarded golf course that ranks among the best in Europe. The collaboration with Oberoi Hotels aims to elevate the property into a world-class destination by upgrading facilities and enhancing the overall guest experience. Plans for Stoke Park’s comprehensive enhancement, encompassing golf and other sports facilities, are currently in the works.

 

  • New Project in Gujarat: Reliance Industries and Oberoi Hotels have also embarked on a project in Gujarat, envisioning another iconic luxury hotel. This project seeks to harness the tourism potential of the state and further enhance the region’s hospitality offerings. Although currently unnamed, this project holds promise as a unique addition to Gujarat’s hospitality landscape.

 

  • Oberoi Hotels and Resorts are renowned for their impeccable customer service and global presence in the hospitality industry. With a history of enhancing palaces and historic properties while preserving their character and essence, Oberoi has consistently delivered outstanding guest experiences.

 

The collaboration between Reliance Industries and Oberoi Hotels signifies a commitment to providing travelers with world-class luxury and memorable stays across diverse destinations. This partnership seeks to leverage Oberoi’s expertise in delivering exceptional hospitality with Reliance Industries’ commitment to quality and innovation. As these iconic properties are managed and upgraded, travelers can look forward to enhanced offerings and unparalleled experiences.

Tags: Anant VilasGujarathospitalityluxury propertiesOberoi HotelsPartnershipReliance IndustriesStoke Parktourism
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