Highest ever Annual MHRIL Standalone:

· Total Income1 at Rs. 1,275 Crs (+24% YoY)

· EBITDA1 at Rs. 352 Crs (+18% YoY)

Holiday Club Resorts, Finland, turns around and delivers EBITDA of € 6.4 Mn in Q4 and € 5.0 Mn in FY23

Consolidated FY23 PAT grows by 68% YoY to Rs. 114 Crs

Operational Highlights (Standalone)

· Member additions at 17,477 (+37% YoY).

· Membership Sales Value at Rs. 734 Crs (+70% YoY).

· Highest ever Annual Upgrades at Rs. 188 Crs (+71% YoY).

· Average Unit Realization (AUR) 2 at Rs. 4.2 lakhs vs Rs. 3.4 lakhs last year.

· Share of member acquisitions through the digital and referral routes at 57%.

· Cumulative member base stands at 2,81,820 with 85% fully paid.

Resorts/Room Inventory FY23

· High resort occupancies of 84% vs 74% last year.

· Occupied room nights up by 49% YoY.

· Inventory addition of 372 keys leading to total inventory at 4,940 keys in 102 resorts

· New resorts at domestic destinations such as Janjheli (Himachal Pradesh), Lachung (Sikkim), Jambughoda (Gujarat), Tirupati (Andhra Pradesh), Amba Ghat (Maharashtra) and international destinations such as Abu Dhabi, Maldives, Cambodia, Vietnam, Chitwan (Nepal) and Chiang Mai (Thailand) have added 256 Keys to the existing inventory.

Commenting on the performance, Kavinder Singh, Managing Director and Chief Executive Officer, Mahindra Holidays & Resorts India Ltd. said, “We have achieved exceptional FY23 results with new milestones in Total Income, Resort Income, EBITDA and PBT. Highest ever Membership Upgrades along with higher member spends is a great endorsement of the immersive family vacation experiences that Club Mahindra delivers consistently.”

Club Mahindra launches five new resorts in India

~ RVR Sarovar Portico, Dindi; Clarks Safari, Pushkar, Rajasthan; The Driftwood Leh, Ladakh; Polo Towers, Shillong, Meghalaya; Devka Beach Resort, Daman

Mumbai, June 2022: Club Mahindra, the flagship brand of, Mahindra Holidays & Resorts India Limited, announced the launch of a whopping five new properties across the country to their portfolio. These include RVR Sarovar Portico, Dindi on the Godavari Riverbank in Andhra Pradesh, and four new associate resorts, the Clarks Safari, in Pushkar, Rajasthan, The Driftwood Leh, the first one in Ladakh, Polo Towers, Shillong, Meghalaya, and Devka Beach, Daman near Gujarat.

For more than 25 years, Club Mahindra has been one of the preferred choices for family holidays, and the company is constantly adding resorts to ‘Make Every Moment Magical’ for its members and guests. Through 80+ properties located across India, there is no one that covers India like Club Mahindra.

Nestled in the lap of nature, RVR Sarovar Portico offers a tranquil atmosphere, with mesmerizing views of the Godavari river. In addition to the perfect ambience, it is famous for its spacious rooms and wide range of activities for guests of all ages. The property has a beautiful swimming pool and a state-of-the-art spa which offers relaxing and rejuvenating experiences. A must-visit for all, the ideal time to visit is now from October to February. In summers, one can plan from March to May.

The association with Clarks Safari, in Pushkar, is for 20 hotel units, and the property is easily accessible to members in Rajasthan, Delhi, and Gujarat. Just a 1-hour drive from Ajmer, the resort offers uninterrupted views of the Aravalli Hills, as well as a host of enjoyable experiences to try. From sitting back and enjoying the cool desert air on the sprawling lawn or by the pool, rejuvenating their senses at the well-appointed spa, to sampling the delectable cuisine at the in-house restaurant, the property is well equipped to suit guests' needs. The best time to travel to Clarks Safari would be October to March, the winter months.

An inviting oasis of comfort and luxury, The Driftwood Ladakh is located an hour’s drive away from Leh Airport. An association for 10 studio rooms, guests can combine this with Club Mahindra’s existing associate resort, Kashmir Houseboats for a unique and memorable circuit holiday. Providing modern amenities while preserving the authentic charm, this premium retreat has a blend of century-old Ladakhi architecture and state-of-the-art facilities. The ideal time to plan a trip to this resort would be April to November.

Also known as the Shillong Icon, Polo Towers, Shillong is an icon of Meghalayan hospitality, with premium living spaces and state-of-the-art amenities and services, such as the best of fine dining & wellness therapies right at your fingertips. Just an hour away from Shillong airport, the resort is strategically located near the iconic Polo Grounds & Police Bazaar in the heart of the city. The ideal place to enjoy an off-beat, hill station vacation, the resort has everything a guest could ask for, from delectable food and refreshing cocktails and karaoke nights to relaxing and rejuvenating spa treatments. This resort can be visited round the year as the weather is lovely be it summer, monsoon or winter.

The Devka Beach Resort, with well-appointed luxurious rooms offering splendid views of the Arabian Sea, is the perfect place to enjoy a family vacation. Club Mahindra has an association with this resort for 30 studio rooms. From multiple restaurants, a lounge bar and a grand swimming pool to an ultra-modern gym and an Avante-Garde spa, this property has amenities to suit your every need. Just a 4 hour's drive from Mumbai, this is the ideal destination for an escape from city life. The ideal time to visit this place would be between October and January, in either winter or summer.

Club Mahindra has been a pioneer in creating destinations. It offers 2000+ unique experiences for families to learn, laugh, and grow together.