The document discusses the hospitality industry and provides details about the Oberoi Group and InterContinental Hotels Group (IHG). It outlines the history and ownership structure of the Oberoi Group, founded in 1934 in India. It also outlines the history of IHG, founded in 1946 and headquartered in the UK, with brands like Regent Hotels. A table compares facilities offered by the Oberoi Group and IHG, and it is noted that both groups are expanding, with the Oberoi Group working on 12 new projects and IHG planning 39 new hotels in India.