Mahindra Holidays - Cash Machine Geared Up For Growth: Dolat Capital Initiates Coverage

Mahindra Holidays - Cash Machine Geared Up For Growth: Dolat Capital Initiates Coverage

Swimming pool at a resort. (Photo: Sara Dubler Koei /Source: Unsplash)

BQ Prime’s special research section collates quality and in-depth equity and economy research reports from across India’s top brokerages, asset managers and research agencies. These reports offer BQ Prime’s subscribers an opportunity to expand their understanding of companies, sectors and the economy.

Dolat Capital Report

Mahindra Holidays and Resorts India Ltd., India’s largest vacation ownerships company is set to accelerate growth through higher room additions and share of resort income.

Management is also focusing on the new short tenor offerings (Go Zest – three years membership) to target millennials and later upgrade them to longer duration products.

The post Covid era is also witnessing shift in consumer behavior with return of travel across segments.

We also believe that the short stay vacation trends will pick up substantially in India as the millennials are more attuned to work cum vacation offerings as well as short tenor multiple vacations in a year.

The tourism industry has accordingly been aligning its product offerings to address this demand.

Mahindra Holidays is uniquely positioned to target the opportunities given its strong brand recall both at the group and company level.

Click on the attachment to read the full report:

Dolat Capital Mahindra Holidays Initiating Coverage.pdf
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