ITC Hotels is a premier Indian hospitality chain operating over 140 hotels across 90+ destinations. Known for its �Responsible Luxury� ethos, it integrates sustainable practices with opulent experiences. In January 2025, ITC Hotels demerged from ITC Limited, becoming an independent entity.
ITC Hotels reports strong performance: Total Income up 19% to ₹4,331 Cr, PAT up 29%. Expanding aggressively with an asset-right strategy, adding 63 hotels & opening 29 in 24 months. Targeting 250 hotels, 22,000 keys in 5 years, fueled by India's booming tourism, with domestic spending expected to double.
ITC Hotels reported strong Q1: Revenue up 15% to ₹936 Cr, EBITDA up 19% to ₹292 Cr, PAT up 36% to ₹182 Cr. It completed Kumarakom Resort acquisition for luxury branding and acquired Welcomhotel Ahmedabad for ₹155 Cr, enhancing owned assets. Signed 8 new hotels, expanding managed portfolio over 200...
ITC Hotels acquires 100% of GHK Hospitality for 155 Cr, gaining full ownership of Welcomhotel Ahmedabad, a 130-key property. This strategic move strengthens the company's presence in a key growth market and is expected to be EPS accretive.
ITC Hotels acquires Zuri Kumarakom, Kerala Resort & Spa for Rs. 205 Cr, expanding its luxury portfolio in a strategic leisure destination. Post-renovation, the resort expects stabilized revenue to triple and become margin accretive.
ITC Hotels reported Q4 Revenue of ₹1,254 Cr (+18%) and PAT of ₹314 Cr (+22%). Full-year Revenue hit ₹4,139 Cr (+16%) with PAT at ₹888 Cr (+39%). The company signed 33 new hotels, expanding its pipeline to 67, targeting 250 hotels by 2031. A dividend of ₹1 per share was...
