Trade Analytics

Mahindra Holidays and Resorts India Ltd.

Go Back

Mahindra Holidays and Resorts India Ltd.

  • Leading player in leisure hospitality industry and vacation ownership industry in India
  • In FY19, company has 243,574 members.
  • Total income (standalone) stood at Rs 1,170 crore (US$ 167.40 million) during FY19
  • The company operates 61 resorts spread across the country

Mahindra Holidays and Resorts India Limited (MHRIL) is a part of the leisure and hospitality sector of the US$ 20.7 billion multinational Mahindra Group. It offers conventional vacation ownership programmes. MHRIL is one of the largest vacation ownership brands in the world. It is the market leader in India in vacation ownership industry. As in 2018-2019, the company has 4,500 employees and 243,574 members spread across different memberships. The company operates 49 resorts across various locations in the country. MHRIL caters to the urban families which are able to incur discretionary expenditure on vacations.  The company has a vision to be in the top five vacation ownership (VO) companies in the world in terms of member base by 2021.

Company Website: www.clubmahindra.com/

Mahindra Holidays and Resorts India Limited – A holiday you own

2019 The Himachal Pradesh government signed a memorandum of understanding (MoU) with Mahindra Holidays and Resorts for Rs 300 crore (US$ 42.92 million) investment in the state.
2018 Won ET Now Rise with India - CSR Leadership Award for ‘Regulation of Corporate and Environmental Behaviour 2017 – 2018
2016-17 Income surged five times and room inventory reached to 3,326 units.
2015-16 Member count increased to 199,720. With a 26 per cent year-on-year increase
2014 Acquired about 19 per cent stake in Finland based Holiday club (HCR)
2009-10 Clubmahindra.travel became an active member of Travel Agents Association of India for the year 2009-10
2008 Launched Mahindra HomeStays
2007 Number of vacation ownership members crossed 50,000 mark to reach at 53,031 members in March 2007
2005 Entered into a long-term lease for an international resort in Pattaya, Thailand
2003 First Club Mahindra Holidays World opened in Chennai
1998 First ever hotel was inaugurated in Munnar, followed by one in Goa in 1999
Launched first individual product 'Club Mahindra Holidays Limited'
1996 The company was incorporated

 

Updated: May, 2019

Tourism and Hospitality
By 2020, medical tourism industry of India is expected to touch US$ 9 billion.