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Eco Hotels and Resorts Ltd News

Eco Hotels and Resorts eyes over 2,000 rooms under its ops by March 2025

Eco Hotels and Resorts is targeting more than 2,000 hotel rooms under its operations by March 2025. Earlier this month, the company inked an initial pact with Vitizen Hotels Ltd (VHL) to acquire a 100 per cent stake of VITS in the VHL. With this acquisition, Eco Hotels and Resorts will operate 20 hotels with around 1,200 rooms. At present, Eco Hotels and Resorts does not have any hotel rooms under its operations. Speaking with PTI, Vinod K Tripathi, Executive Chairman of Eco Hotels and Resorts said, "This breakthrough moment marked by the signing of this momentous MOU and its reflection on our team's dedication to reach ambitious goals through clever decision-making." He explained that with this acquisition, Eco Hotels and Resorts will operate 20 hotels with around 1200 rooms, representing a significant step toward their ambitious goal of acquiring over 2000-plus hotel rooms by March 2025. He informed that that the Eco Hotels and Resorts aims to operate 5,000 hotel rooms in India

Eco Hotels and Resorts eyes over 2,000 rooms under its ops by March 2025
Updated On : 25 Feb 2024 | 12:54 PM IST