Word: oberoi
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...India, where Horatio Alger sagas are as rare as Hindu beefeaters, one of the rare exceptions is the career of Mohan Oberoi, India's Conrad Hilton and a onetime farm boy from the Punjab who started out in 1921 without a rupee to his name. He now owns a $20 million interest in Oberoi Hotels (India) Ltd., a string of 13 hotels, and a luscious beach guest house on the Bay of Bengal that has been host alike to nabobs, maharajas and Socialist Jawaharlal Nehru. Last week at 56, Hotelman Oberoi was constructing in New Delhi Asia...
When completed in October 1957, the Oberoi Intercontinental will have an acre-large artificial lily pond for boating, an Olympic-size swimming pool, a glassed-in rooftop restaurant, 20 stores clustered around a patio. Cost, including land and fixtures: $2,250,000. Last week, on a flying trip to the U.S., Oberoi was busy negotiating a deal to bring Pan American World Airway's Intercontinental Hotel Corp. into the operation of his new hotel, match its topflight facilities with equally modern management...
Iron Tubs & Partnership. Thirty-five years ago Mohan Oberoi landed his first job as $5.50-a-week desk clerk in Simla's Cecil Hotel, part of the British-owned Associated Hotels Ltd. At the time, India's inns had no room service, no running water. Guests bathed in galvanized iron tubs and brought their own servants, who bedded down in the hotel halls. Oberoi learned fast; by 1927 he was chief clerk at Simla's Clarke's Hotel, and a few years later bought a one-third partnership for $2,000 down, $6,000 later...
Link No. 2 came after typhoid from polluted water killed several foreign guests in Calcutta's renowned Grand Hotel and forced it to close. As the onetime haunt of Britain's royalty and India's maharajas became known derisively as the "blackest hole of Calcutta," Oberoi saw an opportunity. He talked the hotel's liquidators into a low-cost five-year lease, although his total resources were $67 in the bank and his mortgaged Simla hotel. He tore out the Grand's rat-infested plumbing, offered typhoid-worried guests unlimited soda water even for washing...