Reliance Industries (RIL) has reached an understanding with Oberoi Hotels and Resorts (Oberoi) to co-manage three hospitality projects in India and the UK.
The projects consist of the upcoming Anant Vilas Hotel in Mumbai's Bandra Kurla Complex (BKC) in the Indian state of Maharashtra and Stoke Park in the UK.
The partnership will also jointly manage another planned project in Gujarat.
Anant Vilas stands as the first metro-centric property within Oberoi's luxury 'Vilas' collection.
It is situated in Mumbai's BKC, a rapidly evolving mixed-use destination with business, hospitality, shopping, dining, arts, culture, education and residential spaces.
RIL’s subsidiary, Stoke Park Limited, has sports and leisure facilities in Stoke Poges, Buckinghamshire.
Oberoi will work with RIL to improve these facilities, transforming them into a globally world-class destination to provide a better guest experience.
The upcoming unnamed hotel project in Gujarat is envisioned as an iconic addition, boosting the Indian state's tourism potential. Currently, the project is in the implementation phase.
Oberoi's collection includes numerous palaces and historic properties that have been enhanced while preserving their original character and vision.
In January 2022, RIL’s subsidiary, Reliance Industrial Investments and Holdings (RIIHL), agreed to purchase a controlling stake in the Mandarin Oriental hotel in New York, US.
The five-star Mandarin Oriental hotel, located at 80 Columbus Circle, features modern guestrooms and suites and amenities including MO Lounge, a 14,500ft² spa, an advanced fitness centre and a 75ft lap pool.
