Mahindra Holidays & Resorts is planning to add over 300 rooms by March to take the overall inventory to 4,500 keys.
The Mahindra group company, which operates under the flagship Club Mahindra brand of membership-only resorts, haad reported the highest quarterly profit of Rs 40.6 crore in the three months to September 2021 amid the pandemic that has hit the hospitality and tourism industry badly.
According to Kavinder Singh, managing director and chief executive officer of Mahindra Holidays, “We started this fiscal with 4,197 rooms and we are on course to close the year with an inventory of 4,500 rooms. We are adding a little over 300 rooms to our existing properties at Assonora in Goa and Ganapatiphule in Maharashtra.”
The company operates 78 properties offering 4,197 keys and has been clocking about 80 per cent occupancy in the third quarter.