Praveg enters into partnership with Mahindra Holidays & Resorts

20 Dec 2024 Evaluate

Praveg has entered into pivotal three-year partnership with Mahindra Holidays & Resorts India (MHRIL). This agreement underscores a shared vision to enhance hospitality standards and deliver exceptional guest experiences across prime destinations, i.e. Daman, Diu, and Ayodhya.

Under the terms of this arrangement, MHRIL will enter an inventory agreement with Praveg to secure a total of 70 rooms (Inventory Rooms), comprising 35 fixed and 35 floating rooms, across select properties. This collaboration leverages Praveg’s operational expertise and MHRIL’s reputation for delivering premium holiday experiences.

Praveg will continue to operate and manage the properties on an ongoing basis, maintaining high standards of service, amenities, and facilities. Details of these standards will be elaborated in the inventory agreement to be executed between the parties. The agreement not only enhances the operational portfolio of both parties but also promises to elevate guest satisfaction through unparalleled experiences at these premium destinations.

Praveg (Formerly known as Praveg Communications (India)) is principally engaged in business of providing services in holding and arranging Events, Exhibitions, Advertisement, Hospitality and in pharma sector.


Praveg Share Price

532.00 -8.05 (-1.49%)
25-Feb-2025 12:23 View Price Chart
Peers
Company Name CMP
SIS 319.10
TeamLease Services 1974.95
RattanIndia Ent 44.83
Updater Services 321.70
Mach Confer. & Event 204.10
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