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Mahindra Holidays to invest up to Rs 4,500 cr for doubling room capacity to 10,000 dailyexcelsior.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from dailyexcelsior.com Daily Mail and Mail on Sunday newspapers.
Get latest articles and stories on Latest News at LatestLY. Mahindra Holidays & Resorts India Ltd (MHRIL) plans to invest up to Rs 4,500 crore in the next three to four years to double its room capacity to 10,000, according to company Managing Director and CEO, Kavinder Singh. Latest News | Mahindra Holidays to Invest Up to Rs 4,500 Cr for Doubling Room Capacity to 10,000.
MHRIL has 102 resorts across India and abroad as on June 30, 2023. Its subsidiary, Holiday Club Resorts Oy (HCR), Finland, has 33 Timeshare Properties, including nine spa resorts across Finland, Sweden, and Spain. Get more Companies News and Business News on Zee Business.
Mahindra Holidays to invest up to Rs 4,500 cr for doubling room capacity to 10,000 financialexpress.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from financialexpress.com Daily Mail and Mail on Sunday newspapers.
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. "We have all the strategies on the table to get from 5,000 to 10,000 rooms. We are well on our way there," Singh told PTI.
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