Oberoi Group Family Drama Continues
Skift Take
The Oberoi family is embroiled in a legal dispute over the hotel company’s board and inheritance, with Anastasia Oberoi challenging her step-siblings over a contested will from 2021.
Hyatt Hotels Corporation announced a Hyatt affiliate has entered into a management agreement with Veda Hospitality Private Limited, a part of the Golyan Group, for the Hyatt Regency Lumbini. This property will be the fourth Hyatt-branded hotel in Nepal, reaffirming the significance of the market in Hyatt's growth plans for Southwest Asia. The property will be nestled on the banks of the scenic Dano River, a short driving distance from the pilgrimage destination, Mayadevi Temple as well as other major attractions as well as the Gautam Buddha International Airport. The hotel will be spread across 11 acres, featuring 175 guest rooms, convenient dining options, events and meeting spaces, and a range of amenities including a fitness center, wellness spa, outdoor pool and other entertainment facilities. Hyatt's current portfolio in India and Southwest Asia consists of 52 properties, 50 in India and two in Nepal, across nine brands.
Global asset manager Blackstone is said to be
