Reliance Industries Ltd on Thursday said it has joined hands with The Oberoi Hotels and Resorts (Oberoi) to jointly manage three properties across India and the UK.

They will manage the upcoming Anant Vilas Hotel in Mumbai’s Bandra Kurla Complex (BKC), the iconic Stoke Park in the UK and another planned project in Gujarat.
Financial details of the understanding were not disclosed.

A statement from RIL said that Anant Vilas has been conceived as the first metro-centric property as part of the iconic luxury ‘Vilas’ portfolio run by Oberoi.

It is located in the business district of Bandra Kurla Complex (BKC) in Mumbai which is becoming a mixed use destination with business, hospitality, shopping, food & beverage, arts and culture, educational and residential facilities.

RIL added that Anant Vilas seeks to augment the hotel footprint of the business district with an iconic experience for the discerning visitors.

On the other hand, Stoke Park Ltd, a RIL subsidiary, owns sports and leisure facilities in Stoke Poges, Buckinghamshire. The facilities include a hotel, sports facilities and one of the highest rated golf courses in Europe.

RIL disclosed that Oberoi will assist it to upgrade the facilities and make it an iconic world-class destination and to deliver an unrivalled experience for guests.

The plans that will include a comprehensive upgrade of Stoke Park, including golf and other sports facilities, are under preparation.

As regards the new property, in Gujarat, the RIL statement said that it is envisaged as another iconic hotel project to augment the tourism potential in Gujarat. The yet unnamed project is under implementation.

Reliance holds nearly 19 per cent of the Oberoi group firm EIH. This stake is held via Reliance Strategic Business Ventures Ltd. It had first bought 14.12 per cent in EIH in 2010.