Chairman Emeritus of the Oberoi Group, Prithviraj Singh Oberoi died on Tuesday (November 14) morning at the age of 94 years. Popularly known as "Biki", PRS Oberoi is known for changing the face of Indian hospitality industry, had a net worth of $460 million, as per the latest data from Forbes.
His son Vikram is the managing director and CEO of EIH Limited (formerly known as East India Hotels), which owns and operates the Oberoi chain, which is currently spread across seven countries.
The cremation ceremony will be held at the Bhagwanti Oberoi Charitable Trust, Oberoi Farm, Kapashera, starting at 4 pm today. " We extend a heartfelt invitation to those who know Mr. Oberoi to attend and pay their respects. Additionally, prayers will be held for him at our hotels and the Corporate Office today. As we mourn the loss of a true icon, we also aim to celebrate the extraordinary legacy Mr. P.R.S. Oberoi leaves behind. In the coming days, we will share details of our plans to honour and remember him."
Biki was born in 1929, to late Rai Bahadur MS Oberoi, the founder of The Oberoi Group, who had his roots in the Punjab province in modern-day Pakistan.
The International Luxury Travel Market (ILTM) conferred him with the Lifetime Achievement Award in December 2012 He stepped down as the chairman and director of EIH Limited on May 3, 2022.
In 2007, a year before he got the Padma Vibhushan from the Indian government, he was felicitated by CNBC TV-18, at the India Business Leader Awards. In 2015, he was voted among CNBC TV-18's Top 15 Indian Business Icons.
Other awards:
'2010 Corporate Hotelier of the World' award by HOTELS magazine,
Lifetime Achievement Award in 2014 by Forbes India Leadership Awards,
Oberoi finished his schooling at St. Paul's School, Darjeeling. Later, he graduated in Hotel management from Lausanne, Switzerland.
At the ripe old age of 83, in 2012, he roped in renowned American interior designer Adam Tihany to upgrade India's first five star hotel, The Oberoi New Delhi. "A luxury hotel is like a beautiful woman. If you do not look after her and bejewel her from time to time, no one will desire her," is one of the famous quotes attributed to Oberoi.
He established The Oberoi Centre of Learning and Development at New Delhi in 1967.
First Published: Nov 14, 2023 9:20 AM IST
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