Eco Hotels & Resorts has entered a Memorandum of Understanding (MOU) with Accsol Management Services, Coimbatore, Tamil Nadu. The Company intends to expand its business in India and enhance its growth in the Indian market and the Parties are desirous to explore and develop business opportunities of mutual interest in India. The Company intends to take over 467 hotels rooms on operation, management or lease in India.
The collaboration between the two organizations will focus on assigning of lease or operation and management contract for the relevant target properties to the Company.
Eco Hotels & Resorts is engaged in the business of building hotels, management and operations of hotels, services which are allied service in hospitality business such as food and beverages, ticket booking, car rentals, tours, etc.
