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Prithvi Raj Singh Oberoi, the 94-year-old veteran company hotelier who redefined India’s hospitality business, handed away on Tuesday. The Chairman Emeritus of The Oberoi Group, popularly generally known as ‘Biki’, constructed a sprawling chain comprising 32 resorts throughout his lifetime. EIH owns the eponymous Oberoi and Trident lodge chains.
Son of late Rai Bahadur MS Oberoi, the founding father of The Oberoi Group, PRS Oberoi had additionally been instrumental in creating the Trident chain of resorts. His father, the person who began all of it in 1934, handed away in 2002 and Tilak Raj, his older son, reportedly died prematurely in 1984.
Since then, PRS Oberoi steered the hospitality chain by way of its ups and downs. A lodge magnate who embodied effective dwelling, his demise brings to an finish two generations of the household that constructed the Oberoi empire into an Indian hospitality powerhouse.
“It’s with deep unhappiness that we inform the peaceable passing of PRS Oberoi, Chairman Emeritus of The Oberoi Group, earlier at the moment. A luminary within the hospitality business, Oberoi’s legacy transcends borders, leaving an indelible mark on the worldwide panorama,” an announcement mentioned.
PRS Oberoi was born in New Delhi on February 3, 1929. He served as chairman of the corporate since 1988 till he stepped down in Could final yr as a consequence of sick well being.
“PRS Oberoi has determined to relinquish his place as chairman and director of the EIH Related Lodges Ltd efficient Could 2, 2022 as a consequence of his deteriorating well being,” a press launch had mentioned that point.
Below his management, the corporate expanded from its first lodge, ‘The Trident Chennai’, that opened in 1988, to develop into certainly one of India’s most respected lodge firms.
He’s reportedly survived by three youngsters, son Vikramjit Singh Oberoi -Managing Director and Chief Government Officer of EIH Lodges, and daughters Natasha and Anastasia.
In 2014, it was reported that PRS Oberoi determined not to decide on his successor to run EIH Ltd, after years of intense hypothesis over who he would select as successor, son Vikramjit or nephew Arjun, who at the moment serves as Government Chairman of EIH Ltd. Arjun is the son of PRS Oberoi’s late elder brother, Tilak Raj.
A recipient of India’s second highest civilian honour — Padma Vibhushan — in 2008, PRS Oberoi was additionally awarded the ‘Company Hotelier of the World’ by HOTELS journal in 2010.
PRS Oberoi was educated in India, the UK and Switzerland. Along with offering management for the administration of luxurious resorts in a number of nations, he had been instrumental in pioneering the event of Oberoi Lodges and Resorts.
The Oberoi model has come to signify effective luxurious resorts. Enterprise India journal adjudged PRS Oberoi the Businessman of the 12 months 2008. He obtained this award for constructing a world-class premium hospitality model. In November 2008, he was conferred the Lifetime Achievement Award on the Ernst & Younger Entrepreneur of the 12 months Awards for redefining design requirements in luxurious resorts.
In October 2005, the Lodge Funding Convention Asia Pacific (HICAP), which is the preeminent gathering of lodge buyers, funding bankers and main business professionals within the area, honoured him with the Lifetime Achievement Award at its annual convention in Hong Kong.
This award was given in recognition of his contribution to the hospitality business and his pioneering management in making The Oberoi Group a worldwide model by taking the idea of luxurious to a brand new paradigm.
In February 2013, PRS Oberoi was honoured with the Lifetime Achievement Award for Administration by The All India Administration Affiliation.
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