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Mahindra Holidays & Resorts India to add 850 rooms in FY26: CEO Manoj Bhat

Business Standard LogoBusiness Standard12h ago

Mahindra Holidays & Resorts India to add 850 rooms in FY26: CEO Manoj Bhat - Business Standard

Quick Summary:

The company, which added 520 rooms in FY25, could see a doubling of its capex in FY26 from the Rs 300 crore spent last fiscal depending on receipt of permits and regulatory approvals for its planned expansion, Bhat told PTI.

Mahindra Holidays & Resorts India Ltd plans to add 850 rooms in the current fiscal as part of it ongoing strategy to have 10,000 rooms by 2030, according to its Managing Director and CEO, Manoj Bhat.

Mahindra Holidays & Resorts India Ltd (MHRIL) currently has total 5,800 rooms under its flagship brand Club Mahindra.


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Article Details

Category: BusinessFinance

Markets:

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Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-05-04 @ 11:23:55 (12 hours ago)

News Timezone: GMT +5:00

News Source URL: business-standard.com

Language: English

Article Length: 549 words

Reading Time: 4 minutes read

Sentences: 17 lines

Sentence Length: 33 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Business Standard

News ID: 28349412

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Official Website: business-standard.com

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