Penny Stock Under Rs 20: Red Ribbon Asset Management PLC Group’s Company Soars Over 11% Today as It Partners with Riya Travels

Eco Hotels and Resorts Ltd is pleased to announce a strategic partnership with Riya Travel & Tours, one of India’s leading travel and aviation service providers. This collaboration is a key step in Eco Hotels’ growth strategy, helping the company strengthen its distribution network and increase visibility in both domestic and international markets.

Through this partnership, Eco Hotels will gain access to Riya Group’s extensive B2B network, which supports over 75,000 travel agents via its proprietary platform, Riya Connect. In addition, Eco Hotels’ offerings will be integrated with Riya Holidays, the group’s leisure division known for curated travel experiences. This integration is expected to introduce Eco Hotels’ portfolio to a wider and more diverse customer base across Riya’s domestic and global platforms.

The partnership aligns with Eco Hotels’ asset-light and distribution-led growth strategy, which aims to maximise occupancy, improve revenue per available room (RevPAR), and expand brand reach without large capital investment.

Moreover, Riya’s strong presence in the corporate travel sector will benefit Eco Hotels’ MICE and corporate offerings. This is expected to enhance banquet business and room occupancy throughout the year.

Eco Hotels and Resorts Ltd continue to focus on innovative strategies to grow its business efficiently, leveraging partnerships like this to reach new customers and strengthen its market position.

Commenting on the partnership, Vinod Kumar Tripathi, Chairman of Eco Hotels and Resorts Limited, said:

“We are delighted to partner with Riya Travels, a trusted leader in the travel distribution ecosystem. This collaboration is a significant step forward in our journey to make sustainable hospitality more accessible to a wider audience. With Riya’s extensive network and technological capabilities, we are confident that Eco Hotels will reach new markets and deliver our eco-conscious hospitality experience to travellers across India and globally. Together, we aim to promote responsible tourism while driving growth and value for all stakeholders.

We also extend our sincere appreciation to GM Thampy, Founder and Chairman & Managing Director of Riya Group, and the entire Riya team for their trust and collaboration. We look forward to building a strong, long-term, and mutually rewarding partnership.”

About Eco Hotels and Resorts Ltd

Eco Hotels and Resorts Ltd is headquartered in Mumbai and operates mid-premium hotels across India, with a focus on Tier II and Tier III cities. These are locations where demand for high-quality, eco-friendly accommodations continues to exceed supply.

As the world’s first carbon-neutral hotel brand of its kind, Eco Hotels and Resorts Ltd aims to combine comfort with sustainability. The company is committed to building not just hotels, but a legacy of environmentally conscious and responsible hospitality.

Eco Hotels and Resorts Ltd Share Price Performance

On April 8, 2026, Eco Hotels and Resorts Ltd’s share price saw a strong gain. The stock closed at Rs 12.24, up Rs 1.24 or 11.27 per cent. During the session, the share touched an intraday high of Rs 12.24 and a low of Rs 10.55, while opening at Rs 11.45, indicating significant upward momentum in trading.

Disclaimer: The article is for informational purposes only and not investment advice.