Announced Wed, 8 Apr · 13:25 IST

Eco Hotels and Resorts Limited Partners with Riya Travels to Expand Global Reach.

Strategic Transactions View source PDF

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AI summary

Eco Hotels and Resorts Limited has announced a strategic partnership with Riya Travel & Tours, a leading travel and aviation service provider in India. Under this collaboration, Eco Hotels will leverage Riya Group's extensive B2B ecosystem, including access to over 75,000 travel agents via the Riya Connect platform. Eco Hotels' properties will also be integrated with Riya Holidays, the group's leisure vertical, to reach a broader customer base across domestic and international markets. The partnership is designed to boost occupancy rates, improve revenue per available room (RevPAR), and strengthen MICE and corporate travel offerings. This aligns with Eco Hotels' asset-light and distribution-led growth strategy, requiring minimal capital deployment.

Likely market impact

This partnership provides Eco Hotels with significant distribution reach without major capital investment, potentially improving occupancy rates and revenue. The association with a well-established travel brand like Riya could enhance brand visibility and attract both leisure and corporate guests.