EaseMyTrip Increases Stake in Eco Hotels and Resorts Limited

EaseMyTrip is making strategic moves by increasing its investment in Eco Hotels and Resorts Limited by 7.77% through a recent rights issue. The board of Easy Trip Planners, which oversees EaseMyTrip, sanctioned this investment during a meeting on September 20, as per their filing with the stock exchange.

The company acquired 10 lakh equity shares at a price of Rs 15.20 each, raising the total investment to approximately Rs 15.2 crore. The investment will be processed in stages.

About Eco Hotels and Resorts Limited

Established in 1987, Eco Hotels operates within the hospitality sector, prioritising eco-friendly and sustainable hotel options. Despite being relatively new in the market, the Mumbai-based firm has reported a turnover of merely Rs 13.71 lakh in FY25, which is a significant increase from Rs 1.39 lakh in FY24 and Rs 0.78 lakh in FY23.

Recent Investments by Eco Hotels

As of the end of Q1 FY26, Eco Hotels approved several significant investments, including Rs 175 crore in Three Falcons Notting Hill Limited for a 50% stake and a complete takeover of AB Finance Private Limited for Rs 194.4 crore. Additionally, they have also committed to invest in Vashu Bhagnani Industries Limited.

EaseMyTrip’s Expansion into Hospitality

EaseMyTrip made its initial entry into the hospitality sector by acquiring a 13% stake in Eco Hotels in December 2023. However, they have faced some challenges recently.

Financial Performance of EaseMyTrip

In its latest financial results, EaseMyTrip reported a 25.5% decline in operating revenue, which dropped to Rs 114 crore in Q1 FY26 from Rs 25.5 crore in Q1 FY25. The profit after tax (PAT) also saw a dramatic fall of 98.7%, plummeting to Rs 44 lakh in Q1 FY26 compared to Rs 34 crore during the same period last year.