Mahindra Holidays & Resorts India To Add 1,000 Rooms By Mar 2026

New Delhi: Mahindra Holidays & Resorts India Ltd will add 1,000 rooms to its portfolio by March 2026 as it gears up to meet robust demand, according to its Managing Director and CEO Manoj Bhat.

The company, whose flagship brand Club Mahindra has 5,698 rooms across 126 resorts, is planning to add 15 new destinations in the next five quarters and is bullish that the several announcements made in the Union Budget 2025-26, including plans to develop top 50 tourist destinations and enhance connectivity will further strengthen the sector.

“This year (fiscal) itself in the nine months, we have added 371 rooms which is more than (what the company added in) last full year and from January 2025 to March 2026, the plan is to add another 1,000 rooms,” Bhat told media. The new capacity addition is almost close to 17-18 per cent in terms of room count, he said, adding, “So we are actually going at it at a very good pace in terms of readying ourselves to meet the demand.” He was responding to a query on whether the company plans to accelerate capacity addition on the backdrop of robust demand that it has witnessed. The company has added nine new destinations in FY25. Its ongoing greenfield projects include a 236-key property at Ganapatipule in Maharashtra and a 157-room resort at Theog in Himachal Pradesh.

It is also undertaking brownfield expansion at Kandaghat in Himachal Pradesh and another one in Jaipur. The company has set a target of increasing its room count to 10,000 by FY30. When asked about the demand outlook, Bhat said, “Broadly speaking demand trends will continue intact for us going into Q4 and even forward for which we are planning. We are not seeing that the trend will change anytime soon.”