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Mahindra Holidays resumes operations at majority of its Resorts
The company’s subsidiary, Holiday Club Resorts Oy, Finland has also recommenced its operations of the SPA hotels starting from June 2021. July 19, 2021 11:05 IST | India Infoline News Service
Mahindra Holidays & Resorts India Limited informed the exchanges on Sunday that the company has recommenced its Resorts operations starting from June 2021 onwards in a staggered manner and currently, the majority of its Resorts are operational. The material subsidiary of the Company, Holiday Club Resorts Oy, Finland has also recommenced its operations of the SPA hotels starting from June 2021. The company’s operations had been affected since March 8, 2021, du
Mahindra Holidays & Resorts India Limited restarts operations at majority of its resorts equitybulls.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from equitybulls.com Daily Mail and Mail on Sunday newspapers.
May 14, 2021
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Operations in 3 SPA hotels of Holiday Club Resorts Oy (HCR), an unlisted subsidiary of the company, will be suspended
Mahindra Holidays has suspended operations at three hotels in Finland due to the restrictions arising out of Covid-19.
“In compliance with the advisories / directives issued by the Finnish Government arising out of Covid 19, the operations in 3 SPA hotels of Holiday Club Resorts Oy (HCR), Finland, a material unlisted subsidiary of the company, will continue to remain suspended, i.e. 2 SPA Hotels until May 19, 2021 and 1 SPA Hotel until June 7, 2021,” the company said in a stock exchange filing.
Considering the emerging situation in the wake of the second wave of Covid-19 in India and the travel / movement restrictions (inter district / inter-state and intra-state) imposed by the respective State Government authorities, the company has, over the last two weeks, suspended the operations in most of the resorts for the time being.
Due to Covid-19 situation Mahindra Holidays & Resorts India announced that considering the situation arising due to the Coronavirus (COVID-19) and in compliance with the advisories / directives issued by the Finnish Government arising out of COVID 19, the operations in 3 SPA hotels of Holiday Club Resorts Oy (HCR), Finland, a Material Unlisted Subsidiary of the Company, will continue to remain suspended, i.e. 2 SPA Hotels until 19 May 2021 and 1 SPA Hotel until 07 June 2021. Considering the emerging situation in the wake of the second wave of COVID-19 in India and thetravel / movement restrictions (inter district / interstate and intrastate) imposed by the respective State Government Authorities, the Company has, over the last two weeks, suspended the operations in most of the Resorts for the time being. The re-opening of the resorts will be guided by the easing of travel / movement restrictions by respective State Government Authorities.