Eco Hotels UK Plc (‘Eco Hotel’ or ‘Company’) is the world's first carbon neutral premium value hotel brand of its kind.
Its vision is to create a £1 billion premium value hotels that support sustainable hospitality without compromising on standards where all fine elements of hospitality can be delivered to a guest without causing harm to the planet.
Eco Hotels is intended to become a global brand that will stand for 'green hospitality' and has a clear commitment on its green agenda, one that should re-define how other hotel operators run their businesses and make its guests proud of being part of a responsible life style.
Eco Hotels is seeking up to £5 million in equity for a stake of 25% of the Company. The Company will immediately list on Standard List on LSE post fund raise.
The directors conservatively estimate a 5x over the next 5 years.
The Brand will seek to achieve carbon neutrality by ensuring that each property and operations has certain sustainable features. These will include:
Hotels to acquire have been identified in the Western Region of India mainly in the states of Maharashtra, Goa and Gujarat.
First new build Eco Hotels will be built in Pune, Mumbai and Goa before expanding nationwide into cities such as Delhi (North), Bangalore (South) and Hyderabad (East).
Rapid footprint expansion is required for the brand's success. In order to achieve this, Eco Hotels will use the 'full fit-out' steel modular technology of Modulex in Indapur, near Pune, to build its hotels and meet its roll out plan.
India is underserved by the hotel industry, especially the mid- market segment. Rapid growth of Indian population together with increasing tourists' in-flow and a lack of 2-3 stars hotels turns into a large gap in the hospitality market and creates an investment opportunity in the hotels sector. Arising environmental issues associated with climate change generate interest in sustainable traveling among tourists.
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loremipsum@ecohotels.com
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