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Mahindra Holidays to invest up to Rs 4,500 crore for doubling room capacity

26 Feb 2024 Evaluate

Mahindra Holidays & Resorts India (MHRIL) is planning to invest up to Rs 4,500 crore in the next three to four years to double its room capacity to 10,000. The company is actively pursuing partnerships with state governments besides setting up new resorts, brownfield expansion and acquisitions to achieve the target to increase room count from 5,000 to 10,000 by FY30. 

Mahindra Holidays & Resorts India (MHRIL), a part of Leisure and Hospitality sector of the Mahindra Group, offers quality family holidays primarily through vacation ownership memberships and brings to the industry values such as reliability, trust and customer satisfaction.


Peers
Company Name CMP
The Indian Hotels Co 715.40
ITC Hotels 152.25
Mahindra Holi.&Resor 192.45
EIH 283.70
Chalet Hotels 846.15
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