Mahindra Holidays & Resorts India to add 1,000 rooms by Mar 2026: CEO Bhat

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Mahindra Holidays & Resorts India to add 1,000 rooms by Mar 2026: CEO Bhat - Business Standard

Quick Summary:

The company, whose flagship brand Club Mahindra has 5,698 rooms across 126 resorts, is planning to add 15 new destinations in the next five quarters and is bullish that the several announcements made in the Union Budget 2025-26, including plans to develop top 50 tourist destinations and enhance connectivity will further strengthen the sector.

Mahindra Holidays & Resorts India Ltd will add 1,000 rooms to its portfolio by March 2026 as it gears up to meet robust demand, according to its Managing Director and CEO Manoj Bhat.

"This year (fiscal) itself in the nine months, we have added 371 rooms which is more than (what the company added in) last full year and from January 2025 to March 2026, the plan is to add another 1,000 rooms," Bhat told PTI.