New Launch20 Nov 2025, 05:31 am
Mahindra Holidays Enters Leisure Hospitality Business with Rs.1000 Crore Investment
AI Summary
Mahindra Holidays & Resorts India Ltd. has approved entering into 'Leisure Hospitality' as a new line of business, which will be carried out through a wholly owned subsidiary, Mahindra Hotels and Residences India Limited. The company plans to invest approximately Rs.1000 Crore towards capex and setting up of this business. This move is expected to add scale and diversity to the existing business portfolio and will help attract fast growing categories and customers in the overall tourism sector.
Key Highlights
- Mahindra Holidays to enter Leisure Hospitality business
- To be carried out through a wholly owned subsidiary, Mahindra Hotels and Residences India Limited
- Expected to add scale and diversity to the existing business portfolio
- Initial investment of approximately Rs.1000 Crore towards capex and setting up of the business
- Plan to attract fast growing categories and customers in the overall tourism sector