Eco Accommodations eyes 2000 rooms by March 2025

NEW DELHI, Feb 25: Eco Accommodations and Resorts is focusing on greater than 2,000 lodge rooms underneath its operations by March 2025.
Earlier this month, the corporate inked an preliminary pact with Vitizen Accommodations Ltd (VHL) to accumulate a 100 per cent stake of VITS within the VHL.
With this acquisition, Eco Accommodations and Resorts will function 20 motels with round 1,200 rooms. At current, Eco Accommodations and Resorts doesn’t have any lodge rooms underneath its operations.
Talking with PTI, Vinod Ok Tripathi, Govt Chairman of Eco Accommodations and Resorts stated, “This breakthrough second marked by the signing of this momentous MOU and its reflection on our crew’s dedication to succeed in bold objectives by way of intelligent decision-making.”
He defined that with this acquisition, Eco Accommodations and Resorts will function 20 motels with round 1200 rooms, representing a major step towards their bold objective of buying over 2000-plus lodge rooms by March 2025.
He knowledgeable that that the Eco Accommodations and Resorts goals to function 5,000 lodge rooms in India over the following 5 years and scale it as much as 15,000 lodge rooms inside the subsequent 15 years.
The corporate has efficiently developed two manufacturers working in Kerala, India, and recognized prime properties within the Western Area, together with Mumbai, Goa, and Pune, for fast capital deployment and enlargement of the working stock.
Eco Accommodations and Resorts Ltd, previously often known as Sharad Fibres and Yarn Processors Ltd intends to reshape the panorama of premium and financial system lodge manufacturers.
Eco Accommodations and Resorts envisions creating an in depth community of sustainable and opulent motels underneath the esteemed model identify ‘The Eco’. (PTI)