Mumbai (Maharashtra) [India], June 20: Embark on an exhilarating journey with EKO STAY, the pulsating powerhouse reshaping the hospitality sector. Bursting with pleasure, we unveil our extraordinary development narrative and unwavering dedication to revolutionizing the holiday rental, a.ok.a. different lodging business. Since its inception in 2018, EKO STAY has soared to unparalleled heights below the visionary stewardship of the co-founders: Husain Khatumdi, Varun Arora, Sohail Mirchandani, and Zishan Khan, every a maestro orchestrating our symphony of success. This 12 months, EKO STAY proudly celebrates six years of redefining the homestay expertise, marking a milestone in our journey of steady innovation and excellence.
Husain Khatumdi, the luminary Managing Director & Co-Founder, asserts, “At EKO STAY, we transcend mere property administration; we’re artisans of unforgettable experiences. Our relentless pursuit of innovation and devotion to visitor satisfaction propels us ever upwards.”
Echoing this sentiment, Varun Arora, the dynamic Chief Govt Officer & Co-Founder, declares, “Our development is a testomony to our crew’s indomitable spirit and our unwavering resolve to push boundaries. We regularly discover new frontiers, harnessing know-how to elevate the visitor expertise.”
Sohail Mirchandani, the mastermind Chief Working Officer & Co-Founder, underscores, “Excellence is our lodestar at EKO STAY. From seamless backend operations to transcendent visitor interactions, we meticulously craft high quality and consistency, making certain unparalleled service.”
Zishan Khan, the visionary Chief Acquisition Officer & Co-Founder, provides, “Our development trajectory is propelled by strategic acquisitions and transformative partnerships. We incessantly broaden our property portfolio, providing company a kaleidoscope of choices.”
EKO STAY’s Growth Timeline:
EKO STAY started its journey humbly in 2018 in Lonavala, the place the co-founders personally managed each facet from gross sales to operations. This foundational interval marked the inception of our dedication to excellence and personalised hospitality. By 2019, buoyed by early successes, EKO STAY expanded its footprint to embrace picturesque locations resembling Panchgani, Alibaug, and Goa, working from a modest 125 sqft workplace with two freelance workers. The crew laid the groundwork for future development amidst burgeoning traveler curiosity in distinctive homestay experiences.
The worldwide pandemic in 2020 introduced unprecedented challenges, but EKO STAY tailored swiftly. Regardless of preliminary setbacks, home tourism rebounded post-lockdown, propelling expansions into Igatpuri, Khopoli, Karjat, Ooty, and Mumbai. The corporate moved into a bigger 600 sq ft workplace, expanded its crew to 50 members, and launched membership choices, together with the distinguished EkoGold class.
In 2021, EKO STAY’s development trajectory accelerated with entries into Himachal, Uttarakhand, and different northern areas of India. Acknowledged because the “Most Premium Staycation Gateway by Mid Day,” the corporate relocated to a spacious 1100 sqft workplace, doubled its stock, and launched the unique EkoLuxe class. These milestones solidified our status as a frontrunner in personalised hospitality.
Getting into a brand new part of enlargement in 2022, EKO STAY expanded its workplace area to over 2000 sq ft, strengthened its crew to over 200 workers, and ventured into the meals and beverage sector. Initiatives included main dwelling transformations and renovations, reflecting our dedication to enhancing visitor experiences past conventional lodging.
At present, in 2023, EKO STAY proudly operates in over 15 cities throughout India, providing a portfolio of 150+ meticulously curated villas with new additions month-to-month. Celebrating six years of transformative work within the hospitality sector, our crew now exceeds 300 devoted professionals, poised to redefine requirements within the homestay business. As we proceed to broaden quickly, the corporate plans to boast 250 villas throughout 20+ cities below its umbrella within the subsequent 3 years.
“We stand on the precipice of greatness,” exclaims Husain Khatumdi. “Our journey has simply begun. Our imaginative and prescient is to be the quintessential selection for discerning vacationers craving bespoke homestay encounters.”
EKO STAY ascends to purchase primarily villas with extra rooms, ideally within the vary of 6-12 BHK, catering to the rising urge for food for such homestays amongst avid vacationers. The corporate primarily operates on two fashions: fastened long-term rental or income sharing, with over 80% of the portfolio at the moment consisting of fastened rental properties.
EKO STAY has additionally ventured into the F&B enterprise, providing delectable meals starting from genuine native delicacies to Indian and Chinese language gastronomy. With 64% of vacationers preferring to ebook meals packages together with homestay bookings, EKO STAY is poised to meet this dynamic demand seamlessly.
About EKO STAY:
EKO STAY is the vanguard supplier of professionally managed trip houses, dedicated to curating distinctive homestay encounters throughout numerous locations pan India. Based in 2018 by a visionary cadre of hospitality aficionados, EKO STAY swiftly ascended as a luminary within the different lodging area. Boasting a portfolio of over 150+ meticulously curated villas spanning 12 cities, EKO STAY units the gold normal for personalised hospitality. Pushed by innovation, customer-centricity, and sustainable enlargement, EKO STAY continues to redefine the homestay milieu, providing company consolation, comfort, and indelible recollections.
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