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Praveg Ltd has entered into a strategic inventory agreement with Mahindra Holidays & Resorts India Ltd (MHRIL) to enhance occupancy, inventory utilization, and market reach across its hospitality assets. The collaboration leverages Mahindra Holidays’ extensive vacation ownership network to drive mutual growth in India’s premium leisure segment.
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Praveg Ltd, a leading player in the hospitality and eco-resort segment, has announced a strategic inventory partnership with Mahindra Holidays & Resorts India Ltd (MHRIL). The agreement aligns with Praveg’s goal to expand its market presence and optimize occupancy across its growing portfolio of nature focused resorts and experiential stays.
The collaboration is designed to integrate selected Praveg properties into Mahindra Holidays’ vast vacation ownership and customer network, offering enhanced visibility and stronger seasonal demand alignment.
Key Highlights:
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Partnership Focus: Inventory sharing agreement to boost room utilization and expand customer reach.
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Collaborators: Praveg Ltd and Mahindra Holidays & Resorts India Ltd (MHRIL).
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Business Objective: Strengthen brand presence in the premium eco-resort and leisure travel space.
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Expected Benefits: Better occupancy management, improved revenue visibility, and cross-platform marketing.
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Strategic Context: Supports Praveg’s ongoing expansion strategy in sustainable tourism and hospitality experiences.
The partnership is expected to create a synergistic growth pathway for both companies, leveraging digital integration and experiential tourism trends.
Source: Company announcement and BSE corporate filing.
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