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Mahindra Holidays & Resorts India Ltd. (MHRIL)

Company type	Resorts
Traded as	NSE: MHRIL BSE: 533088
Industry	Hospitality
Founded	September 20, 1990; 34 years ago (1990-09-20)
Area served	Worldwide
Key people	Arun Kumar Nanda (Chairman) Kavinder Singh (MD and CEO)
Products	Vacation Ownership (VO)
Revenue	₹2,623 crore (US$310 million) (2023)
Operating income	₹761 crore (US$89 million) (2023)
Net income	₹115 crore (US$13 million) (2023)
Total assets	₹9,317 crore (US$1.1 billion) (2023)
Total equity	₹390 crore (US$46 million) (2023)
Parent	Mahindra Group
Website	www.clubmahindra.com

Club Mahindra is an Indian hospitality company founded on 20 September 1996, which is a subsidiary of the Mahindra Group. It operates a network of resorts across India and abroad offering a time share vacation ownership model selling 25-year memberships, allowing members to stay at Club Mahindra resorts for a designated period (usually a week) each year.

Club Mahindra Resorts

As of 2024, Club Mahindra operates over 140 resorts in India.

Acquisitions

• In 2014, MHRIL bought 18.8 percent stake in the European company, Holiday Club Resorts Oy.
• In June 2014, the company acquired Finland-based Holiday Club Resorts for ₹ 600 crore.
• In 2015, MHRIL increased its stake in Holiday Club Resorts Oy to 88 percent.
• In 2016, MHRIL signed a pact to buy 12 percent stake in Nreach Online Services.
• In 2017, MHRIL increased its stake in Finland's Holiday Club Resorts Oy by adding 6.33 percent to make it 91.94 percent.
• In 2017, the company inked an agreement with Ideal Group of Companies to establish its presence in Sri Lanka.
• In 2018, Suha Travel & Tours W.L.L Became The Official Distribution Partner In The Kingdom Of Bahrain

References

1. "Club Mahindra plans expansion on 10th anniversary".
2. ^ "Club Mahindra 2021-22 Annual Report" (PDF). bseindia.com. p. 24.
3. Merwin, Radhika (30 August 2015). "Should you sign up for timeshares?".
4. "Mahindra Holidays & Resorts India Ltd". Business Standard India. Archived from the original on 3 January 2017.
5. "Mahindra Holidays to hike stake in Holiday Club Resorts to 88%". Archived from the original on 22 December 2017.
6. "Mahindra buys Finnish company Holiday Club for Rs 600 crore – Times of India". The Times of India. 8 July 2014. Archived from the original on 4 February 2017.
7. "Mahindra Holidays to acquire 12% stake in Nreach". Business Standard India. Press Trust of India. October 2016. Archived from the original on 22 December 2017.
8. "Mahindra Holidays buys additional 6.33% stake in Holiday Club Resorts". 11 January 2017. Archived from the original on 22 December 2017.
9. "Ideal Group forays into hospitality and leisure industry Introduces best-value Mahindra Holidays in unique resorts". Archived from the original on 22 December 2017.
10. c. "Club Mahindra". Facebook.

v t e Mahindra Group
Divisions and subsidiaries	Mobility Mahindra & Mahindra Mahindra Gujarat Mahindra Tractors Mahindra Truck and Bus Erkunt Tractor ArmaTrac Mitsubishi Agricultural Machinery (33%) Pininfarina (76.06%) Punjab Tractors Ltd. Mahindra Two Wheelers Kinetic Motors BSA Company GenZe Peugeot Motocycles Other Mahindra Electric Carandbike.com Aerospace & defence Mahindra Aerospace GippsAero Defense Land Systems (JV) Information technology Tech Mahindra Mahindra Satyam Financial services Mahindra & Mahindra Financial Services Limited Component Manufacturing Mahindra Accelo Ltd. Other Mahindra Susten Mahindra Ugine Steel Mahindra Holidays & Resorts Mahindra Racing Meru Cabs
People	Anand Mahindra Jagdish Chandra Mahindra Kailash Chandra Mahindra Keshub Mahindra C. P. Gurnani Pawan Kumar Goenka Rajesh Jejurikar Bhaskar Ramamurthi Chetan Maini
Philanthropy	Project Nanhi Kali
Institutions	Mahindra United World College of India Mahindra University
Category

• Companies based in Chennai
• Hospitality companies of India
• Mahindra Group
• Timeshare chains
• 1996 establishments in Tamil Nadu
• Indian companies established in 1996
• Hospitality companies established in 1996
• Companies listed on the National Stock Exchange of India
• Companies listed on the Bombay Stock Exchange