Image Source: Franchise India
Mahindra Holidays & Resorts India Ltd signed a strategic agreement to develop a new 110-key beachside resort in Dapoli, near Murud Beach, Maharashtra. The phased project will add 52 keys in FY27, supporting the company’s expansion goal of reaching 12,000 keys by FY30.
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Key Highlights
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Resort expansion: Mahindra Holidays has signed a new agreement for a 110-key resort in Dapoli, located near Murud Beach, Maharashtra.
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Phased development: The project will roll out in stages, with 52 keys expected to launch in Q1 FY27, followed by full completion in subsequent phases.
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Strategic growth: This expansion aligns with Mahindra Holidays’ long-term target of achieving 12,000 keys by FY30, strengthening its coastal resort portfolio.
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Tourism boost: The resort is expected to enhance Dapoli’s appeal as a premium beach destination, offering members and tourists access to scenic coastal experiences.
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Market positioning: By adding a beachside property in Maharashtra, Mahindra Holidays reinforces its strategy of diversifying across leisure destinations and tapping into rising demand for experiential travel.
This development underscores Mahindra Holidays’ commitment to expanding its footprint in India’s leisure tourism sector, while catering to the growing appetite for premium coastal getaways.
Sources: ScanX News, Economic Times, Mint
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