Eco Hotels and Resorts Ltd. News and Updates

Keep track of all breaking news on Eco Hotels and Resorts Ltd. from all sources in a single place.

09 Jan 2025

17.56

2.15%

Eco Hotels expands into Bengaluru, to unveil 2 new hotels by early Feb

Business Standard

Eco Hotels and Resorts Ltd on Thursday said it has expanded into the Bengaluru market by opening a 60-room property and looks to make operational two new hotels in Kota and Nagpur by early next month. The mid-segment hotel chain in a statement said that it has achieved a major milestone and will be entering Bengaluru, the Silicon Valley city of India, with a 60-room property under the 'EcoExpress' brand. Eco Hotels is also gearing up to open two properties at Nagpur with 44 rooms and Kota with 63 rooms by the month-end or early February 2025, it said. The sustainable hospitality services provider said Baroda and Aurangabad hotels are undergoing interiors and will become operational soon. Through our expansion into fast-growing markets like Mysore, Nagpur, and Shirdi, we are strengthening our footprint as well as catering to the travel requirements of environmentally conscious hospitality, Vinod K Tripathi, Executive Chairman of Eco Hotels and Resorts said. The new openings align .

Eco Hotels and Resorts Ltd. is trading above its 30 day SMA of 16.4

Eco Hotels and Resorts Ltd.

26 Nov 2024

17.56

2.15%

Eco Hotels And Resorts To Open New Property In Aurangabad As Part Of Expansion Plan

NDTV Profit

Eco Hotels and Resorts' board has already given its approval to the acquisition this month, it said.

Eco Hotels and Resorts Ltd. has gained 18.17% in the last 1 Week

Eco Hotels and Resorts Ltd.

06 Oct 2024

17.56

2.15%

Eco Hotels looks to become profitable by end of FY26; acquires 3 properties

Business Standard

Eco Hotels and Resorts Ltd looks to become profitable by the end of next fiscal and has acquired three properties with around 178 keys, according to a statement. The hospitality company which aims to develop eco-friendly properties with zero carbon footprint is also on course to hit 400-room capacity by month-end, the statement said. Eco Hotels & Resorts CFO Vikram Doshi said, We are committed to turn the company into profit by end of March 2026. We want to turn this company soon into one of the leading hotel companies of India. In its very first year of operation in India, Eco Hotels is setting new standards in sustainable hospitality, the official said. Eco Hotels has also announced the acquisition of three properties. These include a 90-room property in Mysore (Karnataka) a 44-room hotel at Tirupati (Andhra Pradesh), and another 44-room asset in Nagpur (Maharashtra). The company board recently approved the acquisition of these properties on a long-term lease basis. Moreover, .

Eco Hotels and Resorts Ltd. is trading below its 50 day SMA of 18.1

Eco Hotels and Resorts Ltd.

23 Aug 2024

17.56

2.15%

Eco Hotels Accquires Three New Properties in Sindhudurg, Aims for 500 Rooms

NDTV Profit

The company is actively working on operational and marketing strategies to ensure these properties are up and running as soon as possible, Eco Hotels and Resorts CEO Akash Bhatia said.