Easy Trip Planners Invests ₹15.2 Crore in Eco Hotels Rights Issue for 7.77% Stake

1 min read     Updated on 20 Sept 2025, 06:43 PM
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Reviewed by
Jubin VScanX News Team
Overview

Easy Trip Planners Limited is investing ₹15.20 crore in Eco Hotels and Resorts Limited, acquiring a 7.77% stake through a rights issue. The company will subscribe to 10 lakh equity shares at ₹15.20 per share. This move marks Easy Trip Planners' entry into the eco-friendly hospitality sector, aligning with sustainable tourism trends. Eco Hotels has shown significant growth, with its turnover increasing from ₹0.78 lakhs in FY 2022-23 to ₹13.71 lakhs projected for FY 2024-25. The transaction, while involving a related party, was conducted at arm's length and complies with SEBI regulations.

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*this image is generated using AI for illustrative purposes only.

Easy Trip Planners Limited , a prominent player in the travel industry, has made a strategic move into the eco-friendly hospitality sector. The company's Board of Directors has approved participation in the rights issue of Eco Hotels and Resorts Limited, marking a significant step towards diversifying its portfolio.

Investment Details

Easy Trip Planners will subscribe to 10 lakh equity shares of Eco Hotels at ₹15.20 per share, totaling an investment of ₹15.20 crore. This investment will be made through cash payment in tranches, as per the company's disclosure to the stock exchanges.

Stake Acquisition and Strategic Intent

Upon completion of the transaction, Easy Trip Planners will hold a 7.77% stake in Eco Hotels and Resorts Limited. This move aligns with the company's vision to invest in eco-friendly and green hotels, potentially expanding its footprint in the sustainable tourism sector.

About Eco Hotels and Resorts Limited

Eco Hotels and Resorts Limited, incorporated on July 2, 1987, operates in the hotels and hospitality industry. The company has shown significant growth in recent years:

Financial Year Turnover (₹ in Lakhs)
2024-25 13.71
2023-24 1.39
2022-23 0.78

This rapid increase in turnover suggests a growing market presence and potential for further expansion in the eco-friendly hospitality sector.

Related Party Transaction

The investment constitutes a related party transaction due to the presence of an Independent Director of Easy Trip Planners on the board of Eco Hotels. However, the company has assured that the transaction was conducted on an arm's length basis, maintaining transparency and fairness.

Regulatory Compliance

The investment decision was disclosed in compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Easy Trip Planners has duly informed the BSE Ltd. and the National Stock Exchange of India Limited about this strategic move.

This investment by Easy Trip Planners in Eco Hotels and Resorts Limited represents a significant step towards diversification and aligns with the growing trend of sustainable and eco-friendly tourism. As the hospitality industry continues to evolve, this strategic partnership could potentially yield long-term benefits for both companies involved.

EaseMyTrip Launches Complimentary Airport Meal Service Across Three Major Hubs

2 min read     Updated on 18 Sept 2025, 11:28 AM
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Reviewed by
Riya DScanX News Team
Overview

EaseMyTrip has expanded its partnership with HOI to introduce complimentary pre-ordered meals for travelers at three major airports, building upon their existing smart kiosk rewards program. The service addresses airport queue frustrations by enabling meal selection during flight booking, with customizable outlet, dish, and pickup time options.

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*this image is generated using AI for illustrative purposes only.

Easy Trip Planners , operating under the brand name EaseMyTrip, has expanded its strategic partnership with HOI to introduce a complimentary airport meal service for travelers departing from Hyderabad, New Delhi, and Goa airports. This latest initiative builds upon their existing smart kiosk rewards program, further enhancing the pre-boarding experience for passengers.

Complimentary Meal Service: Addressing Airport Queue Frustrations

The new service directly tackles the challenge of long food court queues, which can exceed 30 minutes during peak hours. EaseMyTrip now enables passengers to pre-select their dining options as part of their flight booking journey, eliminating wait times and creating a more streamlined airport experience.

Service Feature: Details
Coverage: Hyderabad, New Delhi, and Goa airports
Selection Process: Pre-order during flight booking
Customization: Choice of outlet, dish, and pickup time
Cost: Complimentary for EaseMyTrip customers

How the Enhanced Service Works

Upon completing their flight booking, travelers are guided to the HOI platform where they can choose their preferred food outlet, specific dish, and scheduled pickup time. The process captures flight and passenger details, ensuring meals are prepared for the designated pickup time. This eliminates the need to wait at kiosks or in queues, helping passengers save time and enjoy a more relaxed airport experience.

Existing Smart Kiosk Rewards Program Continues

Alongside the new complimentary meal service, EaseMyTrip's existing smart kiosk rewards program remains active. The program, which has already transformed the travel experience for over 5,000 passengers, continues to offer:

  • Immediate ₹500 EaseMyTrip coupons for every kiosk order
  • Monthly draws for ₹5,000 EaseMyTrip vouchers
  • Contactless food-ordering capabilities

Executive Vision for Integrated Travel Experience

Rikant Pittie, Co-Founder and CEO of EaseMyTrip, commented on the enhanced initiative: "Time spent at airports often involves multiple small decisions before boarding. This complimentary pre-ordered meal offering, introduced in collaboration with HOI, is designed to simplify one such moment and make the experience feel more convenient. This initiative is part of our broader vision of building a unified travel ecosystem where services work together to make journeys smoother and more efficient."

Comprehensive Airport Services Ecosystem

The expanded partnership reinforces EaseMyTrip's commitment to delivering practical and thoughtful customer-first travel solutions. HOI's platform continues to offer comprehensive airport services including:

  • Real-time flight tracking with high accuracy
  • Intelligent baggage updates
  • AI-powered passenger assistance
  • Premium Meet & Greet services
  • Duty-free integration

This complimentary meal offering at select airports reflects EaseMyTrip's focus on convenience, thoughtful design, and customer-led innovation, supporting travelers in starting their trips with greater ease while building a seamlessly connected travel experience from airport entry to departure.

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