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10 June 2004 07:00
MAHINDRA HOLIDAYS EYEING GLOBAL PROPERTIES (to set up resorts in Singapore and Malaysia)
Mahindra Holidays and Resorts India Ltd is looking to acquire properties in Eastern Europe and Russia in a bid to take its brand global. It already has a presence in Bangkok and intends to set up resorts in Singapore and Malaysia. It has also set up a company called Mahindra Holidays USA to acquire resort properties in the US. The company claims to operate resorts in all the popular tourist destinations and has about 25,000 timeshare members.
[India Business Insight]
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