Mahindra Holidays & Resorts, the hospitality arm of Mahindra Group, is planning to spend over Rs 600 crore in the next 18 months to add around 600-700 rooms. Currently, the company’s inventory is around 2,500-2,600 rooms across 41 properties.
The company is also exploring possibility of expanding in the western part of the World. As part of expansion, the company is looking for acquisitions at destinations where green-field or expansions are allowed by law.
Mahindra Holidays & Resorts India is India’s leading player in the vacation ownership industry offering quality family holidays primarily through vacation ownership memberships. While Club Mahindra is the flagship brand, the other brands offered by the company include Club Mahindra Fundays and Club Mahindra Travel.
