India-based luxury hotel operator Oberoi Group has signed a deal with Mexican real estate firm Grupo GDI to operate properties in the US, Canada, Mexico, Latin America and the Caribbean.
The deal will see Oberoi make its debut in the Americas and expand the reach of its Oberoi Hotels & Resorts brand, which currently operates more than 30 sites across the world.
According to a spokesperson, Grupo GDI has already secured the the first two properties to be operated by Oberoi at a cost of around US$100m (€85m, £76m).
A formal announcement and further details regarding the location of the hotels – and their facilities – is expected by early 2018.
Grupo GDI will handle all aspects of real estate ownership and development while the Oberoi Group will be responsible for branding and management.
"We are delighted to partner with Grupo GDI to bring the Oberoi brand to the Americas," said PRS Oberoi, executive chair of The Oberoi Group.
"We look forward to bringing Oberoi's distinct culture of personalised service and commitment to excellence to the region, expanding its global footprint in select destinations."
Founded in 1934, Oberoi operates more than twenty luxury hotels across the world.
It has been actively growing its portfolio in recent years and in 2016 announced it will open its first resort in the Maldives.
Earlier this year, the group opened a luxury eco-destination and wellness spa in the Emirate of Ajman, UAE
The Oberoi Beach Resort Al Zorah features a spa inspired by the architecture of ancient Medina and features private therapy suites and Turkish hammam rooms.