EaseMyTrip announces its second acquisition with Spree Hospitality, which will add a new revenue vertical for the company. A 1200 keys hospitality management company, Spree will also enable EaseMyTrip to scale up its hotel and holiday portfolios rapidly. The customers will be offered exclusive deals and offers on Spree Hospitality while doing bookings from the online travel platform. Additionally, 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. Elaborating 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.” In the next 5 years, Spree aims to expand to 200 properties becoming one of the biggest names in the Indian hospitality sector.
