MHRIL Expands Portfolio with Two New Resorts, Adds 159 Keys
Mahindra Holidays & Resorts India Limited (MHRIL) launched two new resorts, Club Mahindra Amba Ghat (96 keys) and Club Mahindra Bandhavgarh (63 keys), adding 159 keys. This expansion supports their goal of reaching 12,000 keys by FY30. The company focuses on nature-led experiences for families.
The addition of 159 keys strengthens the company's presence in key regions and aligns with its long-term expansion strategy, indicating a positive but not transformative impact on the overall business in the short term.
The company has expanded its resort portfolio by adding two new properties, which is a positive development for business growth and customer offerings.
Mahindra Holidays & Resorts India Limited (MHRIL) has announced the launch of two new resorts: Club Mahindra Amba Ghat in Maharashtra and Club Mahindra Bandhavgarh in Madhya Pradesh. These additions bring 159 keys to the company's portfolio, strengthening its presence in Western and Central India.
The Amba Ghat resort features 96 keys with river-facing apartments, offering a tranquil retreat amidst the Sahyadri landscape. The Bandhavgarh resort, with 63 keys, provides an immersive wilderness experience with forest views, situated near the Bandhavgarh National Park, known for its tiger population.
These launches are part of MHRIL's broader strategy to pioneer new destinations and expand its portfolio to 12,000 keys by FY30, utilizing a capital-efficient, asset-light approach. Manoj Bhat, Managing Director & CEO of MHRIL, stated that these destinations cater to the growing preference for immersive, nature-led experiences among travelers. The company aims to expand high-quality inventory across diverse locations while delivering memorable family holiday experiences.
MHRIL recently launched Club Mahindra Nadiya Parao in Uttarakhand and signed a new property in Dapoli, Maharashtra. The company, part of the Mahindra Group, pioneered the vacation ownership model in India and currently operates over 100 resorts under the Club Mahindra brand.
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See the model portfoliosA plain-language summary of a public exchange filing by Mahindra Holidays & Resorts India Limited. Read the original for the full detail.