Mahindra Holidays & Resorts India Ltd (MHRIL) chairman Arun Nanda said that the company intends to increase its room count by at least 1,000 during the following two to three years.
Nanda stated that the company is considering greenfield projects, expansion of current facilities, acquisition, and leasing prospects to generate a major rise in room inventory in the upcoming years in his speech to shareholders in the company’s annual report for 2021–2022.
“Your company is poised for a significant growth in room inventory. The plan is to add at least 1,000 rooms in the next 2-3 years,” he wrote.
Nanda further said, “The additions are planned through a combination of greenfield projects on a beach near Ganpatiphule in Maharashtra and work is in progress for developing in few other destinations; expansion projects at its resorts in Kandaghat (Himachal Pradesh) and Puducherry.”
