Calcutta, July 25 :    Calcutta, July 25:  EIH Ltd, the company that manages the Oberoi chain of hotels, has acquired majority control in Amarvilas, Agra. Standing barely 600 metres from the Taj Mahal, Amarvilas is said to be one of the best hotels in the world. EIH increased its holding in Mumtaz Hotels Ltd-the company that owns Amarvilas-to 60 per cent, investing Rs 29.71 crore. EIH formerly held a 35 per cent stake in the company, but managed the property. Mumtaz Hotels was promoted by one Bharath Bhushan Goyal, who however, continues to be the managing director of the company. It was known as Goyal's International Hotels and Resorts Ltd, till EIH acquired a majority stake in it, and turned it into a subsidiary. The Oberoi family scions-Vikram and Arjun-have been appointed as additional directors of Mumtaz Hotels, following the change of guard. The two are directors on the board of EIH as well. P.R.S Oberoi-the chairman of EIH-holds the same post in Mumtaz Hotels. Amarvilas shot to prominence last year when Pakistan President General Pervez Musharraf stayed at the hotel during his three-day summit with Prime Minister Atal Bihari Vajpayee. Amarvilas stands out for its architecture. It has 106 rooms and suites. All of them, and even the lobby, bar and the tea lounge, offer views of the monument. Despite being an outstanding property, Amarvilas posted a loss of Rs 5.3 crore in 2001-02. Its income during the year was Rs 8.76 crore, of which about Rs 4.8 crore was in foreign currency. The management of Mumtaz Hotels attributes the loss to the fall in tourist arrivals following the attack on the World Trade Centre and the December 13 attack on the Indian Parliament. Tourist inflow fell by 4.2 per cent in 2001, whereas it had recorded a 6.7 per cent growth in 2000.