Club Mahindra Holidays
Encyclopedia
Mahindra Holidays & Resorts, popular under its flagship brand Club Mahindra Holidays was founded in 1996 to provide holidays on a timeshare
basis.
Club Mahindra started with a single resort in Munnar
in 1997. Presently, the company has over 30 resorts in India and abroad. The majority of these properties have been acquired by the company on a lease basis from their owners. In 2006 it was reported that the company is working towards acquiring and building additional resorts all over the world.
Club Mahindra is also an RCI affiliate. As of 2010, ten of the Club Mahindra resorts were accredited with the RCI Gold Crown award.
. Started in 1996, the company’s flagship rand ‘Club Mahindra Holidays’, today has a customer base of over 100,000 members and over 30 resorts in India and abroad.
Since its inception in 1996, industry analysts have been surprised about Mahindra, which many consider to be a "Jeep and Tractor company", foray into the timeshare business. The move has been part of a diversification plan of Anand Mahindra, the group vice-chairman. The company recruited Ramesh Ramanathan as CEO to kickstart operation.
Timeshare
A timeshare is a form of ownership or right to the use of a property, or the term used to describe such properties. These properties are typically resort condominium units, in which multiple parties hold rights to use the property, and each sharer is allotted a period of time in which they may use...
basis.
Club Mahindra started with a single resort in Munnar
Munnar
Munnar is one of the most popular hill station in Kerala and in southern India. Munnar is located on the Western Ghats, situated in the Idukki district....
in 1997. Presently, the company has over 30 resorts in India and abroad. The majority of these properties have been acquired by the company on a lease basis from their owners. In 2006 it was reported that the company is working towards acquiring and building additional resorts all over the world.
Club Mahindra is also an RCI affiliate. As of 2010, ten of the Club Mahindra resorts were accredited with the RCI Gold Crown award.
History
Mahindra & Resorts India Ltd., (MHRIL) is a part of the Infrastructure Sector of the Mahindra GroupMahindra Group
The Mahindra Group is an Indian multinational conglomerate company headquartered at Mahindra Towers in Mumbai, India, with operations in over 100 countries across the globe...
. Started in 1996, the company’s flagship rand ‘Club Mahindra Holidays’, today has a customer base of over 100,000 members and over 30 resorts in India and abroad.
Since its inception in 1996, industry analysts have been surprised about Mahindra, which many consider to be a "Jeep and Tractor company", foray into the timeshare business. The move has been part of a diversification plan of Anand Mahindra, the group vice-chairman. The company recruited Ramesh Ramanathan as CEO to kickstart operation.