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Mahindra Holidays & Resorts India Ltd News

ITC Hotels, Ventive rally up to 6%; hit new highs on healthy outlook

In Q4 and the subsequent quarters of the next financial year, the sector is expected to witness demand buoyancy on account of large-scale regional events, weddings and sustained transient travel.

ITC Hotels, Ventive rally up to 6%; hit new highs on healthy outlook
Updated On : 21 Mar 2025 | 1:53 PM IST

Mahindra Holidays & Resorts India to add 1,000 rooms by Mar 2026: CEO Bhat

Mahindra Holidays & Resorts India Ltd will add 1,000 rooms to its portfolio by March 2026 as it gears up to meet robust demand, according to its Managing Director and CEO Manoj Bhat. The company, whose flagship brand Club Mahindra has 5,698 rooms across 126 resorts, is planning to add 15 new destinations in the next five quarters and is bullish that the several announcements made in the Union Budget 2025-26, including plans to develop top 50 tourist destinations and enhance connectivity will further strengthen the sector. "This year (fiscal) itself in the nine months, we have added 371 rooms which is more than (what the company added in) last full year and from January 2025 to March 2026, the plan is to add another 1,000 rooms," Bhat told PTI. The new capacity addition is almost close to 17-18 per cent in terms of room count, he said, adding, "So we are actually going at it at a very good pace in terms of readying ourselves to meet the demand." He was responding to a query on ...

Mahindra Holidays & Resorts India to add 1,000 rooms by Mar 2026: CEO Bhat
Updated On : 02 Feb 2025 | 1:51 PM IST

ITC demerger: 7 hotel stocks with up to 15% upside potential as per charts

Even as hotel shares fell up to 5% on Monday; technical charts hint up to 15% upside potential for Mahindra Holidays, TAJ GVK, Apollo Sindoori, ITDC, EIH, Oriental Hotels and Advani Hotels.

ITC demerger: 7 hotel stocks with up to 15% upside potential as per charts
Updated On : 06 Jan 2025 | 11:07 AM IST

Mahindra Holidays Q2 results: Net profit declines 35% to Rs 13.77 crore

Shares of the company, which offers resorts and sightseeing packages through its 'Club Mahindra' membership and generates revenue through membership fees, fell about 3% after the results

Mahindra Holidays Q2 results: Net profit declines 35% to Rs 13.77 crore
Updated On : 25 Oct 2024 | 4:29 PM IST