Business Update26 Jun 2025, 05:01 pm
EIH Associated Hotels to Renovate 'Trident Jaipur' from July 2025 to January 2027 with Estimated Cost of Rs. 156 Crore
AI Summary
EIH Associated Hotels Ltd., a member of The Oberoi Group, has announced that its owned hotel, 'Trident Jaipur', will be closed for renovation from 1st July 2025. The renovation is expected to be completed by January 2027. The estimated cost of the renovation is Rs. 156 Crore. The hotel contributed 10.34% of the total revenue of the Company during the financial year 2024-25, amounting to Rs. 44.14 crore.
Key Highlights
- EIH Associated Hotels to renovate Trident Jaipur from July 2025 to January 2027
- Estimated renovation cost: Rs. 156 Crore
- Trident Jaipur contributed 10.34% of the total revenue of the Company in FY 2024-25
- Total revenue generated by the Hotel in FY 2024-25: Rs. 44.14 crore
- Renovation is expected to be completed by January 2027