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Mahindra planning expansion of timeshare vacation business

from Live Mint

Mahindra Holidays and Resorts India, Indi's largest seller of timeshare vacation rooms, is planning to expand its business by tapping the Indian diaspora in countries such as the UAE and the U.K. and in Africa, according to company officials. "Sri Lanka is a clear candidate. And as market evolves, we would evaluate having a bigger presence in Malaysia and rest of Thailand. If we find tens and thousands of people going to Europe, we will certainly evaluate it," chairman Arun Nanda said in an interview. more

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