EIH Approves Rs 15 Cr Luxury Tent Expansion at Trident Udaipur

EIH associated hotels limited has sanctioned Rs 15 crore growth initiative of introduction of luxury tent rooms at the Trident Udaipur, enhancing its plan to capitalize on the increased demand in the premium resort market in India.

The project will see the building of 10 luxury tents, which will increase the accommodation capacity of the property without compromising on the upscale nature of experience that comes with the Trident brand. The current hotel already has 142 rooms and has achieved 100 percent occupancy, which points towards great demand of luxury stay in Udaipur market.

Key Highlights

• ₹15 crore investment approved to add 10 luxury tents at Trident Udaipur
• Expansion funded entirely through internal accruals
• Project completion targeted for October 2026

The expansion will be funded all in terms of internal accruals and retained earnings, which will indicate that the company can afford growth activities as it is financially healthy and will not need external funding. It is projected to be completed by October 2026 and offer more high-end accommodation facilities to tourists of the renowned tourist attraction site.

The project is also in line with the larger expansion plan of the The Oberoi Group which ensures that EIH remains strong with regard to representation in the major leisure destinations in India. The company has been diversifying its portfolio by acquiring new resorts, management contracts and destination-oriented luxury hospitality projects.

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The city of Udaipur is still among the most popular luxury tourism centers in India with its traditional architecture, hotel of palaces, and lake front attractions. As the number of luxury hotels grows together with domestic and international tourism, hospitality firms are investing in top-tier experiences in the form of villas, tents, and boutique suites to add value to their guests.

Through the introduction of luxury tents, Trident Udaipur, EIH Associated Hotels will position itself in a better position to offer greater experiences to its guests and maximize capacity in a market that is still seeing strong demand over high-end travel experiences.

Data, Statistics, Figures

• Investment: ₹15 crore allocated for the expansion project.
• Additional capacity: 10 luxury tents to be constructed at Trident Udaipur.
• Current capacity: 142 rooms at the existing property.
• Occupancy rate: The hotel is currently operating at 100% utilization, indicating strong demand.
• Funding source: Fully financed through internal accruals and retained earnings.
• Completion timeline: Project scheduled for completion by October 2026.

Industry context:

• Nationwide five-star hotel occupancy averaged around 67.5% in FY2023-24, reflecting strong recovery in India’s hospitality sector.
• EIH Associated Hotels reported 14.2% revenue growth to ₹3.848 billion in FY24, highlighting steady financial performance supporting expansion initiatives.