Mahindra Holidays & Resorts is India is all set to invest Rs 500 crore in setting up 8-9 new resorts is all set to invest Rs 500 crore in setting up 8-9 new resorts in the country over the next 18-20 months. The company, which today opened a new resort near the Kanha National Park in Madhya Pradesh, will fund the expansion programme through internal accruals. It will invest an average of Rs 60-75 lakh per key for the 500 rooms in intends to build.
Mahindra Holidays & Resorts 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.
