Eco Hotels signs deal to open new hotel in Maharashtra

Eco Hotels and Resorts Limited shares surged 5% to ₹41.55, after signing a deal to open a 94-room hotel in Sindhudurg, Maharashtra. The company is engaged in the business of building hotels, management and operations of hotels, and services which are allied services in the hospitality business such as food and beverages, ticket booking, car rentals, tours, and more.