Page 2 - Itc Hotels

ITC Hotels plans to scale up to 220 properties by 2030 via franchise push

ITC Hotels is accelerating growth through franchise and management contracts under its asset-light growth strategy, strategic partnerships, and brand-led operations in India and neighbouring markets

ITC Hotels plans to expand portfolio to over 220 operating units by 2030

ITC Hotels Ltd is aiming at expanding its portfolio to over 220 operating units with more than 20,000 keys by 2030, its latest annual report said. According to the annual report for 2024-25, the company plans to accelerate its growth through management contracts and franchise arrangements. Approximately, 70 per cent of the keys are being operated under management contracts, including franchising, it said. Spun into a separate entity after the demerger from ITC Limited, the company owns brands like ITC Hotels, Mementos, WelcomHotel, Storii, Fortune and WelcomHeritage. "Having achieved considerable scale and market standing, the business pivoted into an asset right strategy to drive growth and reduce the capital intensity of operations," the company said. The focus was also on strong partnerships with asset owners, leveraging brand credentials and providing operational expertise, ITC Hotels said in the report. In the last two years, 30 hotels have been launched under the ITC Hotels

Indian Hotels, ITC rally upto 3% in weak market; brokerages see more upside

Demand for luxury hotels will continue in India, with strong demand from domestic leisure travel and higher demand from improving foreign tourist arrivals

ITC Hotels hits 200-property mark; Q1 net profit up 54% at ₹133 crore

Revenue from operations grows 15 per cent year-on-year to Rs 815.5 crore; hotel chain plans to add over 7,000 keys through 2030 with brownfield asset focus

ITC Hotels Q1 FY26 result: Net profit jumps 54% to ₹133 cr, revenue up 15%

Meanwhile, the company's profit declined sequentially by 48.2 per cent compared to ₹256.90 crore in the March 2025 quarter

Stock Market close highlights: Sensex flat, Nifty at 25,212; PSBs outperform; India VIX down 2%

Sensex Today | Stock Market close, Wednesday, July 16, 2025: In the broader markets, the Nifty MidCap 100 index and Nifty Smallcap 100 also settled on a flat note

ITC Hotels jumps 6%, hits new high on strong Q1 nos; m-cap tops ₹50,000 cr

ITC Hotels hit a new high of ₹242.15 and has bounced back 53 per cent from its 52-week low level of ₹158 touched on February 25, 2025.

Q1 results today: ITC Hotels, Tech Mahindra, L&T Tech among 19 on July 16

Q1 FY26 company results: Reliance Industrial Infrastructure, Kalpataru, Angel One, and Lotus Chocolate will release their earnings report for the April-June quarter on July 16

ITC Hotels hits new high, surges 6% in 2 days; market cap nears ₹50,000 cr

With efficient capital allocation, investing 8-10 per cent of revenues for capex on renovation/on-going projects, the cash flow generation is expected to be strong in the coming years

Schloss Bangalore stock up 5% as Morgan Stanley initiates with 'Overweight'

Schloss Bangalore has received an 'overweight' rating from Morgan Stanley, with a target price of ₹549

Indian Hotels, Samhi, ITC Hotels gain up to 3% today; should you check in?

Hotel stocks were rising in trade today as expectations that the demand for branded hotel rooms in India may continue to outpace supply growth

TajGVK, Chalet: How to trade hotel stocks ahead of Leela Hotels listing?

Technical outlook on hotel stocks: Taj GVK, Juniper Hotels look good on charts, while EIH could face some downward pressure.

BAT evaluating sale of small part of ITC stake, confirms in LSE filing

BAT may offload a small portion of its 25.45% stake in ITC via on-market trade, but says no certainty of deal; earlier divestment funded share buyback

Assam CM Sarma urges Vedanta, ITC to fast-track ₹5.18 trn investments

Assam Chief Minister Himanta Biswa Sarma met top industrialists here and sought fulfilment of their commitments made at an investment summit held in Guwahati in February. The chief minister met Vedanta Group Chairman Anil Agarwal here on Friday evening and asked him to operationalise the group's investment commitment made during the Advantage Assam 2.0 investment summit, an official release said. Agarwal said the group is wholly committed to Assam's growth journey and is keen to expand its footprint in the state's hydrocarbon sector. Later, Sarma took to 'X' and wrote, "Today in New Delhi, I met the very enterprising Chairman of Vedanta Group Shri Anil Agarwal Ji". "We spoke on operationalising the group's investment commitment made during AdvantageAssam2. Vedanta is keen to expand its footprint in the state's hydrocarbon sector," he said. The chief minister also met the Managing Director of ITC Hotels, Anil Chadha, and discussed with him the potential of investment in the ...

ITC Hotels shares rally 11% in 3 days, hits new high on healthy outlook

ITC Hotels share price: A favorable demographic profile, steady domestic demand and rising consumption levels augur well for the hospitality industry in India

ITC Hotels net profit rises 41% to ₹257 cr in first quarter after demerger

Hospitality major targets 220 operational hotels with over 20,000 keys by 2030 and sees robust growth in room revenue, ADR and occupancy in post-demerger quarter

ITC Hotels Q4 result: Net profit rises 40% to ₹257 crore, revenue up 17%

ITC Hotels Q4 FY25 results: Consolidated revenue from operations stood at ₹1,061 crore for the quarter

ITC Hotels signs 14 Fortune Hotels, opens 7 new properties in FY25

ITC Hotels Ltd on Tuesday said it signed 14 'Fortune Hotels' and opened seven new properties under the brand in 2024-25, to further strengthen presence, especially tier II and tier III markets. The new properties are located across emerging markets and gateway destinations and will further strengthen the brand's presence, especially tier 2 and tier 3 markets in the upscale to midmarket category, the company said in a statement. As of March 31, 2025, Fortune brand had a portfolio of 78 hotels comprising 56 operational hotels across India and Nepal with 22 hotels in pipeline, it added. "As we enter this new financial year, we reaffirm our commitment to sustained growth and excellence in hospitality," ITC Hotels Ltd Managing Director Anil Chadha said. He further said, "This footprint expansion endeavours to offer travellers access to prime locations and Fortune's comfortable hospitality." In FY25, the company said Fortune saw six new hotel openings in India at Pahalgam, Puri, Chennai

International, domestic mid-scale hotel brands find room to expand

Rise in discretionary incomes from tax breaks may flow into travel

ITC Hotels, Ventive rally up to 6%; hit new highs on healthy outlook

In Q4 and the subsequent quarters of the next financial year, the sector is expected to witness demand buoyancy on account of large-scale regional events, weddings and sustained transient travel.