Mahindra Holidays on Track for 10,000 Rooms by FY30

Mahindra Holidays & Resorts India (MHRIL) plans to add 850 rooms in FY26, advancing toward its long-term goal of 10,000 rooms by FY30. This expansion follows the company’s record addition of 520 rooms in FY25, its highest-ever annual increase. The new rooms will be rolled out throughout FY26, exceeding last year’s growth.

Currently, MHRIL operates around 5,800 rooms under its flagship Club Mahindra brand. By the end of FY26, the total room count is expected to reach between 6,500 and 6,600.

To support this growth, the company has indicated a possible doubling of capital expenditure in FY26 from FY25’s ₹300 crore, subject to timely approvals. The increased capex will fund both new room developments and upgrades to existing resorts.

News by Rahul Yelligetti.