IDVV Finalizes Agreement With Eco Resorts of the World, the Leading Provider of Social Distancing Accommodation
August 25, 2020
NEW YORK, NY / ACCESS WIRE / August 25, 2020 / International Endeavors Corporation "IEC" (OTC PINK:IDVV) today announced that it has finalized its agreement with Eco Resorts of the World establishing a relationship to build Eco-friendly resorts and accommodations located around the globe.
August 25, 2020
NEW YORK, NY / ACCESS WIRE / August 25, 2020 / International Endeavors Corporation "IEC" (OTC PINK:IDVV) today announced that it has finalized its agreement with Eco Resorts of the World establishing a relationship to build Eco-friendly resorts and accommodations located around the globe.
Eco-camps is an established Glamping company with several destinations operating and signed contracts for the opening of new destinations in California, New York, Idaho and internationally in France and other countries.
Revenues from the previous 2 years of Glamping accommodation and hospitality services exceeded $1 million and Eco Resorts has over $250,000 in fixed assets, with long term contracts that guarantee income for at least 5 years in each location.
With the planned opening of new locations and the current high consumer interest for outdoor socially distancing accommodation experiences, the next 12 months revenues are projected to increase significantly.
Additionally Eco-camp's destinations are part of the Eco Resorts of the World community of eco-friendly resorts and accommodations located around the globe. www.ecoresortsoftheworld.com.
This online property is the only place where travelers can research and book only eco-friendly vacations. Eco-camps is the majority investor and shareholder in this business.
Under the transaction completed between Eco-camps and International Endeavors Corporation, IDVV receives 20% of the revenues and profits generated by Eco-camps and Eco Resorts of the World.
It also receives 50% of the income from the Eco-camps Temecula destination, which is built on land owned by International Endeavors Corporation (IDVV.) www.glampingtemecula.com.
Per Eco Camps projections it is anticipated that IDVV's income from Eco-camps consolidated activities will exceed $500,000 in the next twelve months and increase significantly in the following 12 months.
About Eco Resorts
ECO-CAMPS IS THE LEADING PROVIDER OF OFF-THE-GRID ECO-FRIENDLY SOCIAL DISTANCING ACCOMMODATION
