Online travel platform EaseMyTrip continues to aggressively expand its hotel and holiday businesses by acquiring Spree Hospitality, hospitality management companies in India. This is EaseMyTrip’s second acquisition where Spree Hospitality will add a new revenue vertical for the company and enable it to scale up its hotel and holiday portfolios rapidly.
Additionally, customers will be offered exclusive deals and offer on Spree Hospitality while doing bookings from EaseMyTrip. EaseMyTrip’s extensive expertise and data on the evolving travel market will enable Spree Hospitality to efficiently choose new property locations and offer dynamic pricing options.
Speaking on the acquisition, Prashant Pitti- Co-Founder, EaseMyTrip said, “There is a synergy between EaseMyTrip and Spree Hospitality where we leverage the asset-light model to build a lean and efficient infrastructure. With this acquisition, we believe that EaseMyTrip is well-positioned to unlock the market potential of a recovering hospitality sector and quickly scale up the business to meet the evolving needs of the modern traveller. Spree has carved a niche for itself in the hospitality sector and we are thrilled to have them as a partner to strengthen our portfolio in the hotel and holiday space. We will enable Spree to expand to 200 properties in the next 5 years becoming one of the biggest names in the Indian hospitality sector.”
