Mahindra Holidays and Resorts India Ltd.

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Mahindra Holidays and Resorts India Ltd.

  • Leading player in leisure hospitality industry and vacation ownership industry in India
  • As of December 2018, 4,500 are on the roll with company with 230,000 members.
  • Turnover (standalone) stood at Rs 296.15 crore (US$ 45.95 million) during 4QFY18
  • The company operates 49 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 of December 2017, the company has 4,500 employees and 230,000 members spread across different memberships. The company operates 49 resorts across various locations in the country. It has recorded standalone revenue of Rs 296.15 crore (US$ 45.95 million) in 4QFY18. 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

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: October, 2018

Tourism and Hospitality
India was ranked seventh in the world in terms of travel & tourism’s total contribution to GDP in 2017.