EIH Limited Announces New Oberoi Resort at Makaibari Tea Estate
Filing Summary
EIH Limited, part of The Oberoi Group, has signed a management agreement for a new luxury resort at Makaibari Tea Estate, Darjeeling. The resort will feature 25 keys and is scheduled to open in 2030. This development is part of EIH Limited’s strategy to expand its hospitality offerings in unique natural settings. The project is a collaboration with Luxmi Tea Co Private Limited and designed by Nava Design Studios Co. Ltd., Bangkok. The initiative aligns with EIH Limited’s long-term growth strategy, which includes a pipeline of 29 new hotels and luxury cruisers by 2030.
EIH Limited, the flagship company of The Oberoi Group, has announced the signing of a management agreement for a new luxury resort at the Makaibari Tea Estate in Darjeeling. The project involves the development of a resort featuring 25 keys, scheduled to open in 2030. This initiative is part of EIH Limited’s strategy to expand its portfolio in unique natural settings, enhancing its hospitality offerings.
The financial terms of the agreement have not been disclosed in the filing. However, the project is a significant component of EIH Limited’s broader expansion plan, which includes the development of 29 new hotels and luxury cruisers by 2030. These projects are expected to add approximately 2,251 keys to the company’s portfolio, with a substantial portion operated under management contracts.
The scope of the project at Makaibari Tea Estate includes the construction of a luxury resort designed by Nava Design Studios Co. Ltd., Bangkok. The development is in partnership with Luxmi Tea Co Private Limited. The resort will be located 35 kilometers from Bagdogra International Airport, offering convenient access while maintaining an atmosphere of seclusion. The design allows for potential future expansion, aligning with the natural landscape.
The Makaibari Tea Estate, established in 1859, is recognized as one of the world’s oldest tea estates and the first fully certified organic tea estate since 1988. It is known for its biodiversity and sustainable practices, which align with The Oberoi Group’s philosophy of community care and responsibility. The estate’s commitment to sustainability includes fair labor practices and community development initiatives.
The timeline for the resort’s development includes a scheduled opening in 2030. The project is part of EIH Limited’s long-term growth strategy, which emphasizes management contracts as a central component. This approach enables the company to expand its presence in regions with significant potential for luxury hospitality experiences.
Luxmi Tea Co Private Limited is a partner in this project, contributing its expertise in tea estate management and sustainable practices. The collaboration aims to create a resort that reflects the heritage and natural beauty of Makaibari, while also providing employment and skill development opportunities for the local community.
EIH Limited, part of The Oberoi Group, focuses on delivering exceptional hospitality experiences. The company’s strategic priorities include expanding its portfolio through management contracts and developing properties in unique natural settings. EIH Limited’s commitment to excellence is reflected in its robust development pipeline and dedication to sustainable practices.