Oberoi Group MD and CEO Vikram Oberoi said that he has been approached by some owners who wish to sell their properties. “Whether it is a result of Covid or something else, I cant say, but (some) hotels are up for sale.”
India Business News: The Covid-ravaged hospitality sector could soon see big M&As with several stressed owners wanting to exit the business by selling to the Big Boys
New Delhi, April 15 (IANSlife) As part of The Oberoi Groups efforts towards sustainability, tailor-made energy efficiency initiatives for each of their hotels and resorts will be executed as it partners with EESL. Through its nationwide network, EESL will collaborate with all Oberoi Group Hotels to evaluate opportunities for saving energy and lowering emissions. It will recommend select energy programs from its portfolio with proven track records of successful implementation. Additionally,
The Oberoi Group to further its sustainability initiatives prokerala.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from prokerala.com Daily Mail and Mail on Sunday newspapers.
Oberoi Grp. signs MoU with EESL to further its sustainability initiatives
By IANS |
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Vikram Oberoi, Managing Director and Chief Executive Officer. Image Source: IANS News
New Delhi, April 14 : With the aim to augment its sustainability initiatives, The Oberoi Group has signed a Memorandum of Understanding (MoU) with Energy Efficiency Private Limited (EESL), a joint venture of 4 PSU s under the Ministry of Power.
EESL through its Building Energy Efficiency Program (BEEP) will assist The Oberoi Group in implementing several energy efficient initiatives, including clean energy systems across its properties. These initiatives will help reduce the Group s overall carbon footprint and strengthen its energy conservation efforts.