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Mahindra Holidays scouts for acquisitions amid coronavirus pandemic

Occupancy at properties in driveable locations surges at 80-90% of pre-Covid levels

Mahindra Holidays | Coronavirus | Tourism industry

Shally Seth Mohile  |  Mumbai 

A view of Mahindra Holidays in Goa
The company provides holiday resorts for a period of time to members by charging an upfront membership fee and an annual charge while retaining the title of the property.

At a time when most of the hospitality firms are witnessing falling occupancy rates and are busy taking stock of the losses caused by the (Covid-19) pandemic, & Resorts India Ltd (MHRIL) is scouting for resorts it can acquire as part of its expansion plan.



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First Published: Sun, September 27 2020. 15:15 IST