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'Mass vaccination will inspire confidence'


‘Mass vaccination will inspire confidence’
Updated:
Updated:
June 05, 2021 22:52 IST
Travel and tourism sector is pinning hopes on vaccine passports, says MD & CEO of Mahindra Holidays
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Kavinder Singh
 
Travel and tourism sector is pinning hopes on vaccine passports, says MD & CEO of Mahindra Holidays
Mahindra Holidays & Resorts India Ltd. (MHRIL), which operates under the Club Mahindra brand, is gearing up for growth, says its MD & CEO
Kavinder Singh
How did MHRIL cope with the downtrend?
As the process of unlocking began in June last year, people started taking holidays as they wanted to travel. They were opting for trusted brands like us who would offer enhanced safety and hygiene features, preferring destinations at drivable distances in the safety of their vehicles. ....

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Marriott Vacations Worldwide ("MVW") Reports First Quarter 2021 Financial Results


Marriott Vacations Worldwide ( MVW ) Reports First Quarter 2021 Financial Results
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ORLANDO, Fla., May 5, 2021 /PRNewswire/  Marriott Vacations Worldwide Corporation (NYSE: VAC) today reported first quarter 2021 financial results.
The past year has reminded us what is really important in life
– family, experiences, and togetherness, all the things that travel offers.  As a company whose products enable these unique and memorable occasions, it s been gratifying to see more and more people at our resorts this year, illustrating the desire of our customers to get back on vacation, said Stephen P. Weisz, chief executive officer. Our results this quarter are evidence of the continued recovery in our business and the resiliency of our business model. We generated $226 million in contract sales in the first quarter, a 27% sequential increase, and currently expect contract sales to increase to $320 mill ....

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