Add >1,000 keys in FY27
Management expects to add more than 1,000 keys in FY27, with 25-30% owned and the rest via capital-light models.
MAHINDRAHOLIDAYSANDRESOR / guidance tracker
Keep management guidance in view.
Mahindra Holidays and · forward-looking guidance across the available source record.
Research layer active
Guidance tracker
What management said would happen.
expansion
Portfolio rationalization largely complete by end-FY27
Surrender of suboptimal keys (500 surrendered in FY26) will continue for 2-3 quarters, with completion expected by end-FY27.
Club Mahindra brand relaunch in Q2/Q3 FY27
A campaign to relaunch the Club Mahindra brand is planned, with timing around Q2 or Q3 FY27, incurring marketing expenses.
Strategic review of European business in FY27
Management will conduct a strategic review of the European subsidiary in FY27, evaluating long-term partnerships or other options.