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Verified employee & interview reviews
Mumbai, Maharashtra
Mahindra Holidays & Resorts India Limited (MHRIL), a key player within the Leisure and Hospitality sector of the diversified multinational Mahindra Group, stands as India's leading leisure hospitality organization. Established on September 20, 1996, and headquartered in Mumbai, India, the company pioneered the vacation ownership model in the South Asian market. Over the decades, it has completely redefined family holidays through its thoughtfully designed resorts, curated guest experiences, and a firm commitment to sustainable tourism. The company operates primarily under its highly recognized flagship brand, Club Mahindra, while expanding its multi-format leisure platform to meet evolving consumer demands. The core operations of MHRIL revolve around a membership-based family holiday model. It offers various vacation ownership products designed for modern families seeking flexibility, such as the classic Club Mahindra Holidays packages, Bliss (a points-based program tailored for individuals aged 50 and above), and Keystone, an exclusive premium membership program that unlocks luxury privileges. Beyond its vacation clubs, MHRIL manages specialized sub-brands, including Club Mahindra Fundays, a corporate employee holiday incentive product, and Club Mahindra Travel, a comprehensive, one-stop solution for member travel requirements. Operationally, Club Mahindra has built an expansive hospitality infrastructure. As of the 2025-2026 fiscal period, the company, alongside its subsidiaries, manages an inventory of 6,228 keys across more than 125 resorts globally, catering to a rapidly expanding community of over 390,000 members. Its properties in India span diverse geographies, ranging from the snow-capped mountains of the Himalayas to pristine beaches, hill stations, backwaters, deserts, and wildlife sanctuaries. MHRIL accelerated its international growth through the strategic acquisition of Finland-based Holiday Club Resorts Oy (HCR) in 2014, eventually raising its ownership stake to over 91%. This acquisition added 33 premium destinations, including nine luxury spa resorts across Finland, Sweden, and Spain, into its global portfolio. Furthermore, alliances with international networks grant members access to over 4,300 RCI affiliate resorts across 110 countries. Financially, Mahindra Holidays & Resorts India Limited is publicly traded on both the National Stock Exchange (NSE) and the Bombay Stock Exchange (BSE) under the ticker symbols MHRIL and 533088. For the fiscal period ending March 31, 2024, the company recorded consolidated operational revenues of approximately INR 2,820 crore (USD 341 million). By mid-2026, the company’s market capitalization was valued at around INR 4,845 crore. Led by Chairperson C.P. Gurnani and Managing Director and CEO Manoj Bhat, the executive team guides the firm under the Mahindra Group's "RISE" philosophy, emphasizing ethical business practices, local community development, and long-term value creation.
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