Eco Hotels & Resorts has signed an initial pact for acquiring three properties in Sindhudurg, Maharashtra, as part of its expansion plans. It is aiming for 500 rooms across its properties by December this year.
The addition of these proposed properties, with 94 rooms, which are located near the beaches, will help it achieve the target. It has already secured the Board's approval for the proposed acquisition on July 31. 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 has more than 200 room capacity at present.
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.
| Company Name | CMP |
|---|---|
| Indian Hotel | 659.55 |
| ITC Hotels | 162.45 |
| EIH | 321.55 |
| Chalet Hotels | 778.90 |
| Mahindra Holi.&Resor | 272.70 |
| View more.. | |
MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.
To become India’s most trusted, research-powered fiduciary advisory platform—where every investor, regardless of experience, can make calm, confident, and well-reasoned investment decisions.
MoneyWorks4Me ensures this through: