Mahindra Holidays & Resorts India (MHRIL), the vacation ownership company, has announced the launch of its 50 room resort property in Kanha, Madhya Pradesh. The opening of Club Mahindra Kanha is in line with company’s last announcement of adding 500 rooms with an investment of Rs. 500 crores over the period of two years.
The addition of Club Mahindra Kanha, a greenfield project, brings MHRIL’s total portfolio to 42 resorts, including international destinations such as Thailand, Malaysia, Dubai and Austria. Speaking at a press briefing in Mumbai, Kavinder Singh, MD & CEO, MHRIL said, “Club Mahindra Kanha is our fifth wildlife resort in India, and the first in the state of Madhya Pradesh. The Madhya Pradesh government is observing 2015 as ‘Tourism Year’ and we are excited to partner with them on this drive. Our new resort, located on the outskirts of Kanha National Park, is a wildlife lover’s delight and we aim to provide our members with diverse and differentiated experiences.”
He further informed that the company has invested Rs. 65 – Rs. 75 lakhs per key for the Kanha resort, and aims to add eight more properties to its portfolio by the end of this year. During the current financial year, MHRIL added one resort in Manali and also acquired a 23.32 per cent stake in Holiday Club Resorts Oy, a Finland-based holiday company.
“The combined strength of MHRIL and Holiday Club Resorts has the potential to become the largest vacation ownership company ex-USA,” Singh added.
Club Mahindra Kanha has 50 rooms for members, which includes 32 Studio rooms and 18 one-bedroom apartments.
