UK: The Oberoi Group is to open a luxury serviced residences property on South Audley Street in London’s Mayfair in 2022.
The 23-residence property is housed in a Grade II-listed building close to Hyde Park and The Dorchester Hotel.
It was purchased by Cain International in 2016 and plans for the property include a small restaurant and refurbished retail space.
Jonathan Goldstein, chief executive of Cain International said: “With a reputation for exceptional service and guest experience, Oberoi is widely regarded as one of the very best in the hospitality industry. We are excited to be forging this new partnership, that will see one of the world’s most authoritative brands on high-end service coming to Europe, and choosing London as the location for its debut.”
He added: “Despite current circumstances, we remain confident in the role of strong hospitality brands and in the demand for their services once we have emerged from this crisis.”
Prithvi Raj Singh Oberoi, executive chairman of The Oberoi Group, said: “We are excited to bring The Oberoi brand to London in partnership with Cain International. The iconic building in the heart of Mayfair is a perfect complement to an Oberoi branded property.”
The Oberoi Group owns and operates 33 five-star hotels and luxury resorts across India, Indonesia, Morocco, Mauritius, Egypt, Saudi Arabia and the UAE.
Cain International has a portfolio of luxury hospitality investments and loans across the UK, Europe and the US. This includes partners such as Six Senses, Waldorf Astoria, Hilton, Raffles Hotel and Residences, Aman Hotel and Residences, Rosewood Hotels and Soho House.