‘Sterling Holidays Foray tnt Adventure Touriym, Acquires Na
-Strengticns seni fov nature and ovkrntuve risa
Mumbai, Ctobor 26, 2005: Sturn Holay Ross Lines, nda’ Inading Howay Leave company
Today annovaced Ke ening of apreement to acQuKe "NANG eae Resor Pre Line» 2
sont hoiay company that operates esr at our umsue
Ths scquisiion is significant as i adds to String Holidays" adventure tourism product aferigs
strengthening te ail 0 ofer varied holiday experiences. Promoted by Mi Hat veka in 1989 an
carently run by his younger son Chimay Divekar, Nature Tals erent opertes cesorts at Durst,
Sojan, Kondata and Dabhosa and Nas one coming up at Koya wih ae all at drwable stances fom
‘Mumbo, Pune, Surat and Nasik Nature Tal resorts ae spread over 103 ares and afer vacatoners
2 unique adventure proposition atvactng short getaways, nature and adventure lovers, campers am
students,
‘he Ourchet Forest Lodge, stated just 2 hours from Mumbal and even lesser from Pune, offers
tities he rappelng, 2p ine, ekg an carping mong others, Kundatika Rating camp isthe only
lace inthe county that offers white water rafting al year round andi is situated by the only white
river fing location in Maharashtra. The Sajan Nature Club and Dabhose Waterfall Reset oMer
‘avaking, valley crossing ann ine, appeling and lari amongst other adventure ations
Us sauiston gives String Holidays access to Nate Tra la bank within drivable distance tom
‘uma, Pane, Surat and Nashik nd he oprortity to setup new resorts in alther locations,
‘peaking about the acqustion Mr. Ramesh Ramanathan, Managing Director, Sterling Holiday Resorts
Limite, si, “The ecquition of Nature Trai ode tremendously to our ability to oer odbenture
olseys and odds resorts 0 our network in ocatons cose to Mumbo, Pune, Suet, Heshie and thor
‘tes ese, Chinmay Olek’ continued association nhs capacity a the Chief Operations Offer of
Notre Tris wil ave us area momentum in ereatng adventure holidoy experiences ros the cout
Iam excites about the coming together of Nature Teo abit oor multiple adventure acts ant
the wademare tering hosptaity.
ic wil become & sulsiiay of String Holiday Resort United, headquartered out of
Chena. The *Nature Tels" brand wil be retained and Chinmay Divekar wl continue to head Nature
"ral 9 Chie Operations Officer workin closely with Sterting Holidays to build the Nate Tras brand
i! stengthen the Stcing Holidays adventure offerings. Speabng onthe acquision, ChinmayDiveka,
Diretor, Mature Tals Resorts Private Limited, sai, “Nature Tols and the Divekor family ae honoured
to asociate with Sterling Holidays in thi greot new partnership. Nature Trl has pioneered adventure
sed ley fort customers ond has dtcovered ond presented unique ond unexplored destinations
onare and adventure fovers. We hope to continue this mission farther in partnership wit Steing ond
{okeodventre actives ht across the county.”ering Holaay lesan Unite #4 leading LeKure HasnHsly FamBBRY Ia AW Slory wo
‘wcotportes 2986 with te vision of elven Great Hekday exporeneae to Indian FaNules. Ie
shinee tus wien, te ceapany planewred vacation Ownoisip Ha aN Set aboUN Yak
work ol enue resorts t some ofthe best halday destinations oi, Cocrenty, Seng has
Inventory 8f A7U7 rooms spread seroms 24 resorts lected! it Corbell, Bama, Daseing, Din,
Daramshea, Gangtok, Goa, Karwar, Kodaikanal, Lonavala, Mana, Munna, Musscorin, Nainital, Ooty,
Pun, Sarah, Shir, Tekady, Yelp and Yeraud The company alto has 15 aetna ste where
Stering Holey sorts Limited is now 100% independently managed subsary of Thomas Cook
(nia Lntes (TC), nda’ lence integrates travel and travel related anda services company Ci
{3 par of Far Financial Holings Limited, a $38.2 bilion global iwestment and insrance hoking
company, beadquartered in Toronto, Cando Falax’s ponfolo of companies includes several wt
non gba companies in the Insurance, reingurance and restaurant chains sectors. nna, Farfax
has a majocity Molin in TCI, and has also co-promoted IIc Lombard. 2012, though Indian
Investment business, Fairbidge, Fairfax stepped up its pace of acquisitions commenting wth Fl, and
subsequently tys Human Capital Solution (now Quess) and most recently, Steg Holays Resorts
Lied,
‘About Nature Tals Resorts Private Limited
Nature Tails Resorts Pt LUG. 1s the business of resorts, campsites and activity camps. was
promoted by Har Dear, an Engineer by profession anda natural by passion nthe year 1988
1s misslon Isto Wdenty unique and unexplored locations having nature and adventure tours
potent, to create tout facies of @ predetings standart thece and to Uansfoem them into
‘The company scacenty run by his younger son Chinmoy Divekar. Each year mere than 40000 guests
sit ts four nature and adventare resorts at Durshet, San, Kundalia and Uabhosa, al located in
Maharashea,tia,
on further dete pease conto:
Anat Sharma |
7085724167; snubiuti@torqvemstsom