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:

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.

Easy Trip Planners , operating under the brand name EaseMyTrip, has partnered with HOI, a travel-tech platform, to introduce India's first smart kiosk rewards program at airports. This innovative initiative aims to enhance passenger experience and provide instant travel rewards through airport kiosks.

Smart Kiosk Rewards Program: A Game-Changer for Airport Dining

The new program, set to run for three months, transforms routine airport dining into a value-driven travel experience. It addresses the dual challenges of airport wait times and travel cost optimization by leveraging HOI's cutting-edge contactless food-ordering kiosks across major airports in India.

How the Program Works

• Passengers can use HOI's contactless food-ordering kiosks to place their orders, bypassing traditional queues.
• Every kiosk order generates an immediate ₹500 EaseMyTrip coupon, delivered directly to the passenger's WhatsApp.
• A monthly draw awards one fortunate traveller a ₹5,000 EaseMyTrip voucher, creating additional engagement and anticipation.

Widespread Adoption

The program has already made a significant impact, transforming the travel experience for over 5,000 passengers across HOI's airport network. This demonstrates strong traction and passenger adoption of the new system.

Airports Covered

The smart kiosk rewards program is currently available at:

1. Indira Gandhi International Airport, Delhi
2. Rajiv Gandhi International Airport, Hyderabad
3. Manohar International Airport, Goa

Executive Insights

Dhruv Godara, Deputy CEO of HOI, commented on the partnership: "This collaboration with EaseMyTrip represents our vision of airports as dynamic ecosystems rather than mere transit points. By integrating real-time rewards with our contactless dining solutions, we're fundamentally reimagining how passengers interact with airport services."

Rikant Pittie, CEO and Co-Founder of EaseMyTrip, added: "Our partnership with HOI takes this vision inside the airport, transforming something as routine as dining into an opportunity for value creation. By offering instant rewards and travel benefits at the point of consumption, we are ensuring that every journey with EaseMyTrip begins even before take-off."

Beyond Rewards: A Comprehensive Travel Experience

The partnership goes beyond just rewards, marking a significant milestone in HOI's expanding ecosystem of integrated airport services. HOI's platform also offers:

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

This comprehensive approach aims to create a seamlessly connected travel experience for passengers from the moment they enter the airport.

The collaboration between Easy Trip Planners and HOI represents a paradigm shift in airport monetization, moving beyond traditional transactional relationships to create an integrated ecosystem where dining, technology, and future travel planning converge seamlessly. As this innovative program continues to roll out, it has the potential to significantly impact how travellers interact with airport services and plan their future trips.