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India vacation operator downplays Omicron concern, eyes domestic growth

CHENNAI (BLOOMBERG) - Mahindra Holidays & Resorts India, an operator of subscription vacations, downplayed prospects the Omicron coronavirus variant will cause major disruption to India's tourism industry or the firm's expansion plans as it eyes a bumper end to the year. . Read more at straitstimes.com.

India Tourist Resort Operator Mahindra Downplays Omicron Concern

(Bloomberg) -- Mahindra Holidays & Resorts India Ltd., an operator of subscription vacations, downplayed prospects the omicron coronavirus variant will cause major disruption to India’s tourism industry or the firm’s expansion plans as it eyes a bumper end to the year.

Mahindra Holidays & Resorts aim growth with expansion plan in resort network

The firm had recently reported a strong performance for the quarter ended Sept 30 with its resort income exceeding the pre-pandemic levels

Noor Fathima Warsia - BW Businessworld

Mahindra Holidays & Resorts India Q1 consolidated net loss narrows to Rs 21.38 cr; total income at Rs 418.29 cr

'Mass vaccination will inspire confidence'

‘Mass vaccination will inspire confidence’ Updated: Updated: June 05, 2021 22:52 IST Travel and tourism sector is pinning hopes on vaccine passports, says MD & CEO of Mahindra Holidays Share Article Kavinder Singh   Travel and tourism sector is pinning hopes on vaccine passports, says MD & CEO of Mahindra Holidays Mahindra Holidays & Resorts India Ltd. (MHRIL), which operates under the Club Mahindra brand, is gearing up for growth, says its MD & CEO Kavinder Singh How did MHRIL cope with the downtrend? As the process of unlocking began in June last year, people started taking holidays as they wanted to travel. They were opting for trusted brands like us who would offer enhanced safety and hygiene features, preferring destinations at drivable distances in the safety of their vehicles.

Covid-19 impact: Mahindra Holidays' plans to start property management business gets delayed

This announcement was made two years ago

Mahindra Holidays & Resorts India Ltd posts consolidated loss of Rs. 10.16 crore

Mahindra Holidays posts ₹10-cr loss in fourth quarter - The Hindu BusinessLine

Mahindra Holidays posts ₹10-cr loss in fourth quarter May 03, 2021 Revenue declines 24% to ₹465 crore Mahindra Holidays has reported a loss of ₹10.1 crore during Q4 of FY21 compared to a profit of ₹164 crore in the corresponding period of last year. Its revenue from operations for the quarter that ended on March 31, 2021 was ₹465 crore, a decline of 24 per cent over the corresponding previous period. The consolidated turnover was at ₹496.2 crore for Q4 FY21 as against ₹631.4 core in Q4 FY20. The company has managed to bring down its expenses by over ₹80 crore from the previous fiscal. Its total expenses for this quarter stood at ₹507 crore compared to ₹590 crore at the same time last fiscal.

Mahindra Holidays And Resorts To Invest Rs 1,200 Crore To Add 1,500 Rooms Over Next Four Years