Oberoi Group exits UAE market, ends partnership with Al Zorah Resort

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The story "Oberoi Group exits UAE market, ends partnership with Al Zorah Resort" was covered 1 weeks ago by Business Standard, a news publisher based in India.

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Oberoi Group exits UAE market, ends partnership with Al Zorah Resort - Business Standard

Quick Summary:

Oberoi did not provide any specific reason for this abrupt decision, but assured employees that their jobs would be safe under the new management.

The unexpected announcement was made by Vikramjit Singh Oberoi, managing director and CEO of EIH Ltd, at an emergency meeting held on Wednesday at Al Zorah.

Al Zorah Resort, located just 30 minutes from Dubai, is a popular destination for luxury travelers, with room prices ranging from AED 1,000 to 8,000 (Rs 22,000 to Rs 1.8 lakh) per night.