EIH Ltd has decided to renovate the more than 100-year old Oberoi Grand Kolkata, which is its oldest property.
Speaking to reporters, EIH Ltd. executive chairman, PRS Oberoi, said, “Work has already started. We will do it gradually, investing around Rs 100 crore and adding 52 rooms.”
The project is scheduled to be completed in 18 months, he added. This follows the refurbishment that the company had undertaken for the New Delhi Oberoi.
S S Mukherjee, executive vice-chairman of the firm, said that the Rs 500 crore renovation of The Oberoi New Delhi has been very well-received and the unit’s profitability will double.
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