Manoj Bhat, Managing Director & CEO, MHRIL
Mahindra Holidays & Resorts India Ltd (MHRIL) is introducing luxurious resorts at leisure places as part of a brand new technique to focus on progress.
Whereas the corporate will proceed to scale up its present trip possession enterprise, the brand new Mahindra Signature Resorts model will function like standard inns.
2,000 keys
MHRIL is concentrating on 2,000 keys underneath the Signature model by FY30 and planning an funding of round ₹1,000 crore to develop the posh properties, the corporate mentioned on Thursday.
At current MHRIL runs over 125 resorts throughout the nation underneath a trip possession mannequin. Whereas the corporate has been increasing its enterprise, progress potential in trip possession area is proscribed. It is because the section accounts for under 8 per cent of India’s leisure hospitality market and the remaining 92 per cent contains standard inns or resorts that don’t depend on membership for his or her enterprise.
Wider plan
As such it’s launching the second model as part of a wider plan to develop its income and revenue by 3x and 4x respectively in a decade.
MHRIL mentioned the entry into leisure hospitality enterprise will add scale and variety to the present enterprise portfolio and can assist in attracting quick rising classes and prospects within the total tourism sector.
MHRIL Managing Director & CEO Manoj Bhat mentioned the corporate is taking a look at a pan India presence for its Mahindra Signature resorts and is taking a look at a number of locations.
Concurrently, the corporate is trying to speed up progress in present trip possession and has introduced a privileged entry programme with premium advantages like concierge providers coupled with versatile and easy membership plans for its members. It plans to develop trip possession resort stock to 10,000 keys by FY30.
“We are going to proceed so as to add members and concentrate on member expertise,” Bhat mentioned. Membership Mahindra resorts are additionally being rebranded as Membership M as part of refreshed identification to replicate the transformation.
Revealed on November 20, 2025
