Country Club Hospitality to Raise $100M for Premium Resorts

Country Club Hospitality and Holidays is gearing up for a major expansion, announcing plans to raise US$100 million through Global Depository Receipts (GDRs) or Foreign Currency Convertible Bonds (FCCBs).

The funds will be used to develop premium leisure properties across major Indian metropolitan cities, including Mumbai, Delhi, Bengaluru, Hyderabad, and Chennai. This move marks a strategic pivot from CCHHL’s traditional mid-range offerings to high-end clubs and resorts, aligning with the growing demand for luxury leisure experiences in urban markets. CCHHL has become debt-free, having repaid Rs. 600 crore in the first quarter of FY 2025-26.

Key Highlights

• CCHHL to raise $100M for premium clubs and resorts in major metros
• Company becomes debt-free after repaying ₹600 crore in Q1 FY25-26
• Expansion strategy includes real estate and franchise-based growth

This strengthens investor confidence and provides a solid foundation for future growth. Currently headquartered in Hyderabad, CCHHL operates 30 directly managed properties and oversees an additional 30 under a franchise model, enabling scalable expansion and operational efficiency.

The company has also diversified into real estate development, including residential and commercial projects, to create integrated lifestyle destinations and open new revenue streams.

Also Read: Espire Hospitality Signs 5 New Hotels Across India

With rising disposable incomes, rapid urbanization, and a growing preference for premium leisure experiences, CCHHL is well-positioned to capture market demand. The company’s strategic expansion and financial prudence aim to redefine India’s leisure and hospitality landscape while enhancing shareholder value.