financeSkift··1 min·For: Owner, GM, Revenue, Marketing
Oberoi Hotels Pivot to Domestic Market as Foreign Guest Demand Drops
EIH Limited, parent of Oberoi and Trident brands, faces a decline in high-spending international guests due to ongoing Middle East conflicts. To cushion the impact, the luxury hotel operator is increasing spending to target domestic travelers.
Key Takeaways
- 1International guest arrivals declined at Oberoi and Trident properties last quarter.
- 2Overseas luxury travel to India is expected to remain weak through the current quarter.
- 3EIH is increasing domestic marketing spend to offset lower international yields.
Source: Skift
Keep reading
Our reporting
More in finance

