Exclusive Riverfront Luxury: Rishikesh to Welcome Two New High-End Resorts by 2026
Two new luxury resorts, offering unparalleled views of the Ganges, will elevate Rishikesh’s hospitality scene, blending nature and elegance in a serene riverside setting.
The Oberoi Group, in collaboration with The Ladhani Group, has announced the development of two new resorts in Rishikesh. This expansion aligns with EIH Limited’s strategic growth plans. The new properties will include an 80-key luxury Oberoi Resort, carrying the "vilas" brand, and a 120-key five-star Trident hotel.
Unique Location and Design
These resorts will be situated on a 60-acre site, bordered by the Ganges River on three sides, providing a unique and serene experience. The properties are owned and developed by Devprayag Ganges Resorts Pvt Ltd. and Jamuna Hotel Enterprises Pvt Ltd., both part of The Ladhani Group. World-renowned architect, Bill Bensley, will design the resorts, blending luxury with the natural and spiritual ambiance of Rishikesh.
Strategic Growth and Expansion
This announcement comes alongside EIH Limited’s previously disclosed plans to add 19 properties by 2029, including 16 hotels, two luxury boats, and a Nile cruiser.
Financial Performance and Growth
EIH Limited also reported strong financial results for the third quarter of the fiscal year 2025. Standalone revenue reached Rs 722 crore, and consolidated revenue was Rs 831 crore. Standalone EBITDA grew to Rs 330 crore, while consolidated EBITDA reached Rs 388 crore. Standalone profit after tax was Rs 220 crore, and consolidated profit after tax was Rs 279 crore, showing an increase of 18 per cent and 21 per cent respectively. Domestic hotels (owned and managed) saw a 17 per cent year-over-year RevPAR growth.
Partnership and Vision
Mr. S.N. Ladhani, Chairman of The Ladhani Group, expressed excitement about the partnership, emphasizing the cultural and natural significance of Rishikesh. Mr. Arjun Oberoi, Executive Chairman of The Oberoi Group, and Mr. Vikram Oberoi, CEO & MD, highlighted the company’s commitment to expanding in key destinations and delivering exceptional experiences.
Construction and Future Outlook
Construction of the resorts is scheduled to begin in early 2026. This project signifies The Oberoi Group’s continued growth and leadership in the luxury hospitality sector.
Disclaimer: This article is purely for informational purposes and does not constitute investment advice.