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The new resort in Andhra Pradesh would mark the company's entry into the State. The other two resorts, opened through inventory partnerships with Richlane Residences and Holiday Inn, respectively, would strengthen the company's presence in Vietnam's Saigon region and Abu Dhabi. Andhra-based Dindi RVR resort features 100 well-appointed rooms, with the first phase of 50 rooms opening for Club Mahindra members in April 2025. The second phase, consisting of an additional 50 rooms, is expected to open by the second quarter of this fiscal year. The Holiday Inn in Abu Dhabi and RichLane Residences in Ho Chi Minh City, Vietnam provide gateway to cities' bustling neighbourhood and attractions. Manoj Bhat, MD & CEO, Mahindra Holidays & Resorts India, said: 'Our new resort in Dindi marks our entry in the state and reinforces our commitment to boost tourism in Andhra Pradesh. RVR Dindi is first in the series of our planned investment in the state. Additionally, we continue to enhance our global footprint with our additions in Vietnam and Abu Dhabi. This expansion aligns with our strategic vision of doubling our room capacity to 10,000 by FY30.' Mahindra Holidays & Resorts India, India's leading company in the leisure hospitality industry, offers quality family holidays primarily through vacation ownership memberships. While Club Mahindra is the flagship brand, the other brands offered by the company are ' Club Mahindra Fundays and Svaastha Spa. Mahindra Holidays & Resorts India is the hospitality arm of the multinational conglomerate group M&M and the business is classified as a 'growth gem' of the group. The company is a leading player in the leisure hospitality industry in India and has established vacation ownership business. As of 31 March 2025, the company had 125 resorts across India & abroad and its subsidiary, Holiday Club Resorts Oy (HCR), Finland, a leading vacation ownership company in Europe has 33 Timeshare Properties (Including 9 Spa Resorts) across Finland, Sweden, and Spain. The scrip fell 1.83% to currently trade at Rs 311.90 on the BSE. Powered by Capital Market - Live News |