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Mahindra Holidays to augment its inventory by adding over 500 units

03 Jul 2013 Evaluate

Mahindra Holidays & Resorts India is planning to augment its inventory by adding over 500 units. The expansion will be through both brown-field and green-field projects. At present, the company is undertaking major projects in Goa, Madhya Pradesh, Shimla, Coorg and Lonavala. Meanwhile, the company also said it has discontinued fresh sales of membership for its shorter duration product ‘Zest’.

In 2012-13, the company added 560 units to its inventory across 13 resorts - two of which are at international locations.

Mahindra Holidays and Resorts is a leader vacation ownership space in India, with a keen focus on quality family holiday. Club Mahindra is company’s flagship brand and the other brand offering are Zest Breaks, Club Mahindra Fundays, Mahindra Homestays and Mahindra travel.

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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