Country Club Hospitality & Holidays Ltd Sheds ₹600 Crore Debt, Emerges Profitable to Chart New Himalayan Horizons

Business Food Kolkata National Travel West Bengal

Kolkata : Country Club Hospitality & Holidays Ltd (CCHHL), a pioneer in India’s leisure and hospitality industry, has scripted a remarkable turnaround by wiping off a debt burden of over ₹600 crore. The company is now a completely debt-free and profitable entity as of Q1 FY 2025-26, signaling a new era of growth and stability.

For over 35 years, Country Club has been synonymous with the “Happy Industry,” blending holidays, clubbing, fitness, and entertainment for its 2 million+ members. Despite the severe impact of the COVID-19 pandemic on hospitality, Country Club sustained its community bond through virtual wellness, yoga, and fitness sessions, showcasing resilience and innovation.

Ambitious Growth & Himalayan Expansion

With a franchise-led model driving growth, CCHHL is expanding its footprint with strategic alliances across India. The recent signing of the Valley Vista Resort, Gangtok (Sikkim) marks the company’s entry into the majestic Himalayan landscape. From its current network of 51 properties, Country Club now aims to scale up to 100 destinations in the coming years.

Y Rajeev Reddy, CMD of Country Club Hospitality & Holidays Ltd, said:
“Achieving a zero-debt status is not just a balance sheet milestone; it’s the freedom to dream audaciously and execute rapidly. Our entry into Gangtok is a promise—a promise to deliver world-class hospitality in India’s most coveted destinations. This is just the beginning.”

VIP Gold Membership Card Launch

To commemorate its financial renaissance, the company has launched the exclusive VIP Gold Membership Card, offering privileged access, curated experiences and special benefits for members.

Celebrating Togetherness & Culture

Beyond hospitality, Country Club thrives as a cultural hub, celebrating India’s vibrant festivals—Holi, Diwali, Eid, Christmas, Navratri, New Year and more—uniting members through joy, music, and shared traditions.

With a strong debt-free balance sheet, aggressive expansion plans, and a focus on holistic living and cultural togetherness, Country Club is poised to redefine leisure and hospitality in India.

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