Praveg Limited, an eco-responsible luxury resorts company, announced on December 20 that it has bagged the work order for development, operation, maintenance and management of at least 50 tents at Agatti Island, Lakshadweep.
The order involves building tents with cloak room, changing room,
along with commercial activities like scuba diving, destination wedding, corporate functions and many more facilities on the island, according to the company press release.
The work order is for a period of three 3 years that could be extended up to another two years.
Vishnu Patel, Chairman - Praveg Limited said, “We are delighted to receive
the work order for Development, Operation, Maintenance and Management at Agatti Island, UT of Lakshwadeep. We are thankful to Lakshwadeep Tourism department for reposing their faith on us. Once Praveg Tent City, Agatti Island project is operational, our guests will experience Praveg’s worldclass ecoresponsible hospitality.”
With this recent expansion Praveg now has a substantial portfolio of 580 operational rooms spread across multiple states, Patel said. "Our estimates project and impressive occupancy rate of 55-60% and an average
room rate of Rs 9500-12500," he added.
With the addition of this resort, Praveg will now have 9 properties in operation and 10 under development. Company aims to further add more eco-responsible luxury resorts across India, the release further stated.
Agatti Island is home to aquatic life which is diverse and comprises one of the most beautiful coral reefs in India.
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