Targeting Indian middle class customers, Magic Holidays, a timeshare product from the Panoramic Group of Companies, offers affordable time share vacations. The company plans to open 100 resorts of 25-30 keys each in the next five years.    

Hitesh Kshatriya, COO, Magic Holidays, said that the company is conscious about customers' needs and will deliver to their expectations. All the resorts are owned and operated by the company, which enhances the element of trust in the company, he added. The company currently owns 33 properties in India and seven abroad.    

Four properties are located in the USA and one each in New Zealand, Thailand and Singapore. The company plans to add one resort every month in India and one abroad every quarter. Keeping in mind the needs of the Indian vacation-goer, Magic Holidays also plans to focus on lesser-known destinations.    

Elaborating on the same, Kshatriya said travel is all about gaining experience and knowledge, and this is something the company is very conscious of. The company is also focusing on acquiring properties in lesser-known, but enjoyable, holiday destinations like Bageshwar, Tehri, and Bhimtal in Uttarakhand, and Todgarh in Rajasthan, he said.