Posted inOperations

Mahindra Holidays to invest Rs 800 crore in Tamil Nadu – to build three greenfield resorts

With this significant investment, Mahindra Holidays will double its footprint in Tamil Nadu, with Club Mahindra already operating resorts in Ooty and Kodaikanal

In a landmark development, Mahindra Holidays & Resorts India Limited (MHRIL), India’s leading vacation ownership and leisure hospitality company, has signed an MOU with the Government of Tamil Nadu solidifying a strategic partnership aimed at boosting tourism and employment opportunities in the region.

Under the MoU, MHRIL will make a substantial investment of Rs 800 crore to build three greenfield resorts over the next five to six years. Additionally, MHRIL will actively contribute to the state’s tourism sector, collaborating with the Government of Tamil Nadu to foster its growth and enhancement. This partnership is not only a testament to MHRIL’s commitment to Tamil Nadu’s economic development but also signifies its pivotal role in directly generating employment opportunities for over 1,500 people, thereby contributing to the overall economy of the state.

This would be the second-largest investment by MHRIL, following the Rs. 1000 crore investment amount in Uttarakhand last year, and is part of the company’s robust expansion plans, to increase the room inventory from 5000 to 10,000 by 2030. With this significant investment, MHRIL will double its footprint in Tamil Nadu, with Club Mahindra already operating resorts in Ooty and Kodaikanal.

Club Mahindra offers magical holidays at more than 125 incredible resorts across India and abroad to its strong member base of 2,90,000 happy families. These resorts offer 2,000+ unique experiences that are specially curated to meet the holiday needs of multiple generations within a family. The company in the past has established holiday destinations in various locations including Binsar in Uttarakhand, Coorg and Madikeri in Karnataka, Kumbhalgarh in Rajasthan, Munnar, Ashtamudi, and Cherai in Kerala. Additionally, the company operates resorts in various other distinctive locations like Kanha in Madhya Pradesh, Naldehra and Kandaghat in Himachal, Gangtok in Sikkim, Udaipur, Jaipur, and Jaisalmer in Rajasthan, Mahabaleshwar and Tungi in Maharashtra.

As part of MHRIL’s commitment to sustainability and aim to achieve carbon neutrality by 2040, all the new resorts developed in Tamil Nadu will target to be champions of Net Zero Energy, Water & Waste, and in the process become role models for sustainable tourism in the state.

Grand Jury meet
(Top L-R): Manoj Bhat, MD & CEO, Mahindra Holidays; Jatin Khanna, CEO, Sarovar Hotels & Resorts; Ranjit Batra, President, Hospitality, Panchshil Realty; Sanjay Sethi, CEO & MD, Chalet Hotels; Satyen Jain, CEO, Pride Hotels; Gaurav Pokhariyal, EVP, Human Resources, IHCL (Bottom L-R): Sonica Malhotra, Joint MD, MBD Group; Zubin Saxena, Senior VP & Country Head - India, Hilton; Souvagya Mohapatra, MD (India, Sri Lanka, Nepal, Bhutan), Atmosphere Hotels & Resorts; Ranju Alex, Area VP - South Asia, Marriott International; Sanju Soni, Senior VP, Oberoi Hotels & Resorts; Chef Rakesh Sethi, Corporate Executive Chef, Operations, South Asia, Radisson Hotel Group; Vikram Cotah, CEO, GRT Hotels & Resorts; Vikramjit Singh, Chairman & MD, Alivaa Hotels & Resorts
Posted inEvents

Hotelier India Awards 2024: The Grand Jury Meet