Quick News Bit

Often overlooked Mahindra Holidays stock may prove to be an interesting bet. Here’s why

0

Mahindra Holidays & Resorts’ focus on keeping its capital cost under control and ensuring that part of those savings are passed on to its customers have helped it keep its head above water even when Covid brought the hospitality industry to its knees.

Synopsis

Club Mahindra operates on a unique business model: customers have to pay a one-time membership fee upfront. Members can stay at any Club Mahindra luxury hotel, resort or vacation home — which are spread across the country and the world — once a year for seven days.

Mahindra Holidays & Resorts has a unique business model and so cannot be compared with traditional hoteliers. So when hospitality stocks get re-rated, its stock tends to get overlooked. But as the company has been able to grow at a decent pace without putting much debt on its books, it looks to be a better bet as the interest rate is moving up.The hotel hospitality sector is one of the most competitive and capital-intensive business models, with

  • FONT SIZE
  • SAVE
  • PRINT
  • COMMENT

Why ?

  • Exclusive Economic Times Stories, Editorials & Expert opinion across 20+ sectors

  • Stock analysis. Market Research. Industry Trends on 4000+ Stocks

  • Clean experience with
    Minimal Ads

  • Comment & Engage with ET Prime community

  • Exclusive invites to Virtual Events with Industry Leaders

  • A trusted team of Journalists & Analysts who can best filter signal from noise

For all the latest Business News Click Here 

 For the latest news and updates, follow us on Google News

Read original article here

Denial of responsibility! NewsBit.us is an automatic aggregator around the global media. All the content are available free on Internet. We have just arranged it in one platform for educational purpose only. In each content, the hyperlink to the primary source is specified. All trademarks belong to their rightful owners, all materials to their authors. If you are the owner of the content and do not want us to publish your materials on our website, please contact us by email – [email protected]. The content will be deleted within 24 hours.

Leave a comment