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: February, 2019