Mahindra Holidays & Resorts to add over 300 rooms by March

Mahindra Holidays & Resorts, which operates under the flagship Club Mahindra brand of membership-only resorts, plans to add over 300 rooms by March to take the overall inventory to 4,500 keys, a top company official has said. The Mahindra group firm had 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. It operates 78 properties offering 4,197 keys and has been clocking about 80 per cent occupancy in the third quarter and hopes to better it going ahead provided there is no third wave and the resultant mobility curbs. "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," Kavinder Singh, managing director and chief executive of Mahindra Holidays, told PTI. Refusing to give an exact investment

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