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One-stop solution for all travel needs: ITDC sees growth outside hotels now

Centre plans to divest or transfer management powers of various hotels under ITDC

Ajay Modi  |  New Delhi 

India Tourism Development Corporation (ITDC) completed its fifty years of managing government hotels and promoting the country’s tourism sector in October 2016. However, the future is uncertain for the state-owned company as the government moves ahead to exit the business of running and managing hotels. "The hotel portfolio will definitely get compressed over a period of time and focus would be on Delhi-based properties, especially our flagship Hotel The Ashok and Hotel Samrat, which contribute most in terms of the number of rooms as well as turnover," said Piyush ...

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First Published: Fri, June 09 2017. 02:20 IST
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