Club Mahindra is an Indian hospitality company established on 20 September 1996. It is a subsidiary of the Mahindra Group and operates a timeshare network of resorts across India and internationally.[2]
Resorts
As of 2025, Club Mahindra operates over 140 resorts globally.[3] In India, it has more than 80 resorts in diverse landscapes such as the Himalayas, beaches, hill stations, backwaters, deserts, and forests.[4]
Acquisitions
In 2014, MHRIL acquired an 18.8% stake in European company Holiday Club Resorts Oy.[5] In June 2014, MHRIL acquired Finland-based Holiday Club Resorts for ₹600 crore.[6] In 2015, MHRIL raised its stake in Holiday Club Resorts Oy to 88%.
In 2016, it acquired a 12% stake in Nreach Online Services.[7]
In 2017, the company increased its stake in Holiday Club Resorts Oy by 6.33%, bringing its total holding to 91.94%.[8] In 2017, MHRIL partnered with the Ideal Group of Companies to expand operations in Sri Lanka.[9]
In 2018, Suha Travel & Tours W.L.L became the official distribution partner in Bahrain.[10]
References
- Club Mahindra 2022–23 Annual Report bseindia.com^
- Radhika Merwin. Should you sign up for timeshares? The Hindu Business Line, 30 August 2015^
- Mahindra Holidays & Resorts India Ltd. Business Standard India^
- Explore 140+ Resorts in India and Abroad with Club Mahindra Club Mahindra, retrieved 2025-01-31^
- Mahindra Holidays to hike stake in Holiday Club Resorts to 88% dna, 10 June 2015^
- Mahindra buys Finnish company Holiday Club for Rs 600 crore The Times of India, 8 July 2014^
- Mahindra Holidays to acquire 12% stake in Nreach Business Standard India, October 2016^
- Mahindra Holidays buys additional 6.33% stake in Holiday Club Resorts 11 January 2017^
- Ideal Group forays into hospitality and leisure industry Introduces best-value Mahindra Holidays in unique resorts^
- Club Mahindra expands to Bahrain Facebook^