Mahindra Holidays & Resorts India Limited has announced the signing of a new resort agreement in Dapoli, located near Murud Beach in Maharashtra. This strategic expansion adds 110 keys to the company's growing portfolio and represents a significant step in its ambitious growth trajectory, as detailed in the company's official press release dated March 4, 2026.

Resort Development Details

The new Dapoli resort will be developed in a phased manner across 13 acres to ensure optimal execution and market readiness. The project specifics include:

Resort Amenities and Features

Designed as a contemporary coastal retreat, Club Mahindra Dapoli Resort will cater to families seeking immersive, experience-led stays. The planned amenities include a sea-facing all-day dining restaurant, an open-air café, swimming pool and spa, a fully equipped fitness centre, and a dedicated Happy Hub for children's recreation. The property will also feature a 500-pax indoor banquet hall and an expansive outdoor lawn accommodating 800–1,000 guests, positioning it as a compelling venue for destination celebrations and large-format gatherings.

Strategic Expansion Initiative

This resort signing aligns with Mahindra Holidays' broader expansion strategy aimed at significantly scaling its operations. The company has set an ambitious target to reach over 10,000 keys under Club Mahindra and an overall portfolio scale of 12,000 keys by FY30. This addition forms part of the company's FY26–FY30 roadmap and supports the FY26 goal of 1,000 new rooms.

Management Commentary

Manoj Bhat, Managing Director & Chief Executive Officer, Mahindra Holidays & Resorts India Ltd, commented: "Dapoli strengthens our western coast circuit and reflects our focus on adding high-quality inventory in high-demand destinations for India's growing base of holidaying families. We want to deepen our footprint thoughtfully, expand our resort network with discipline, and continue building the most trusted leisure hospitality brand in the country."

Market Positioning

The Dapoli location near Murud Beach offers strategic advantages for the resort business, capitalizing on the coastal tourism potential of Maharashtra. Dapoli strengthens MHRIL's presence in high-growth coastal markets with strong drive-to demand and marks the first of several planned developments along India's western coast. The phased development approach demonstrates the company's commitment to sustainable growth while ensuring quality standards across its properties.

Mahindra holidays & Resorts India Limited has announced the launch of Club Mahindra Nadiya Parao Resort in Jim Corbett, further strengthening its presence in Uttarakhand. The launch marks a significant step in the company's accelerated expansion strategy and aligns with its ambition to become India's leading leisure hospitality player through robust resort additions, portfolio premiumisation, and disciplined capital allocation.

Resort Details and Infrastructure

The new property represents MHRIL's second resort in Jim Corbett, reinforcing its commitment to one of India's most preferred destinations for nature-led travel. The resort's comprehensive specifications demonstrate the company's focus on premium offerings:

The resort integrates premium leisure stays with extensive event infrastructure, enabling the property to unlock multiple demand segments within a single asset. The strategic design includes large landscaped lawns, a dedicated banquet hall, and direct riverfront access, positioning it to serve expanding audiences across various hospitality needs.

Strategic Expansion Goals

The Nadiya Parao launch directly supports MHRIL's ambitious growth targets and expansion timeline:

Manoj Bhat, Managing Director & Chief Executive Officer of Mahindra Holidays & Resorts India Limited, emphasized the company's family-focused approach: "Our ambition is to lead leisure hospitality in India, with families at the heart of everything we do. The launch of Nadiya Parao is another step forward in our expansion journey, in a destination where demand is strong and growing."

Company Background and Market Position

Established in 1996, MHRIL pioneered the vacation ownership model in India and has since redefined family holidays through thoughtfully designed resorts and curated experiences. The company operates under the diversified Mahindra Group and has built a substantial market presence:

• Network Size: 100+ premium resorts across India and abroad
• Member Community: 3,00,000+ members
• Brand Portfolio: Club Mahindra flagship brand and upcoming Mahindra Signature Resorts
• Market Position: India's leading leisure hospitality company

The company's expansion strategy focuses on responsible growth, sustainable operations, and long-term value creation while delivering quality holiday experiences for families. This approach aligns with the Mahindra Group's RISE philosophy, emphasizing sustainable tourism and thoughtful development.

Market Impact and Future Outlook

The Jim Corbett expansion reflects MHRIL's strategic focus on high-demand destinations where nature-led travel continues to grow. By establishing its second property in this market, the company strengthens its competitive position and enhances its ability to serve diverse customer segments through a single, well-equipped asset.

The multi-format approach of the Nadiya Parao Resort demonstrates MHRIL's evolution beyond traditional vacation ownership into comprehensive leisure hospitality services, positioning the company to capture growing demand across family holidays, destination events, and corporate travel segments.