MoneyWorks4Me

Mahindra Holidays’ arm acquires 51% stake in Visionsbolaget

16 Dec 2015 Evaluate

Mahindra Holidays & Resorts India’s step down subsidiary - Holiday Club Sweden AB, consequent upon subscribing to 51% stake in Visionsbolaget 10088 AB, Visionsbolaget has become the subsidiary of Holiday Club Sweden AB and in turn step down subsidiary of the company. Further, Visionsbolaget is in the process of changing its name to Holiday Club Sport and Spa Hotels AB.

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.


Peers
Company Name CMP
The Indian Hotels Co 717.30
ITC Hotels 152.20
Mahindra Holi.&Resor 193.20
EIH 290.10
Chalet Hotels 849.10
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