Mahindra Holidays to invest Rs 1000 crores in Uttarakhand.
/~Signs Strategic MOU with Government of Uttarakhand to build 4 -5 resorts over the next few years ~
New Delhi, Sep 2023: Mahindra Holidays & Resorts (MHRIL) India’s leading vacation ownership and leisure hospitality company under the flagship brand Club Mahindra has signed an MOU today with the Government of Uttarakhand (UK) to invest Rs 1000 crores and build 4-5 large marquee resorts over the next few years in Uttarakhand. Mahindra Holidays aims to become a strategic partner of the state and will support the Government of UK in all its tourism endeavors through the development of these resorts to play their part in growing the prosperity of the state including providing direct employment opportunities.
This would be the biggest investment by MHRIL in any state in the country and part of its robust plans of expansion from 5000 to 10,000 keys by 2030 and is a testament to Devbhoomi-Uttarakhand and its variety of tourism destinations and experiences – whether it be religious tourism at Haridwar and Char Dhams, Wildlife at Rajaji & Corbett National Parks, Ski tourism at Auli, Adventure tourism at Rishikesh to name a few. Uttarakhand is blessed with amazing destinations attracting people of different age groups from across the country and MHRIL aims to tap into this wanderlust. Importantly, this investment will more than double its footprint in Uttarakhand, with Club Mahindra already operating resorts in Jim Corbett, Mussoorie, Kanatal and Binsar.
MHRIL with 143 resorts across the globe, of which eighty-two are in India, has over 2,86,000 plus member families and has in the past created holiday destinations such as Munnar in Kerala, Kumbhalgarh in Rajasthan, Binsar in Uttarakhand to name a few.
As part of MHRIL’s commitment to sustainability and aim to achieve carbon neutrality by 2040, all the new resorts developed In Uttarakhand will target to be champions of Net Zero Energy, Water and waste and in the process become role models for sustainable tourism in the state.
Mahindra Holidays is the only hospitality organization in the country that established experiential family holidays and has inspired many in the industry to follow their lead. Club Mahindra is known for creating an atmosphere for inter-generational holidays with three–four generations rekindling their bonds by engaging in activities to create memorable moments for a lifetime.