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Page 2 - Itc Hotels

No ITC for hotel rooms up to Rs 7,500 under 5% GST, says FinMin

Finance Ministry clarified that hotels must levy 5% GST without ITC on rooms up to Rs 7,500, a move industry bodies warn could hurt mid-scale and budget hotels

No ITC for hotel rooms up to Rs 7,500 under 5% GST, says FinMin
Updated On : 16 Sep 2025 | 6:22 PM IST

Contractors, hoteliers push for GST fixes, clarity on input tax credit

Urge CBIC to implement a special GST payment mechanism

Contractors, hoteliers push for GST fixes, clarity on input tax credit
Updated On : 11 Sep 2025 | 11:36 PM IST

GST rate cut proves to be a mixed bag for travel, hospitality sector

Hotel rooms under ₹7,500 move to 5% slab, will bolster midscale segment

GST rate cut proves to be a mixed bag for travel, hospitality sector
Updated On : 05 Sep 2025 | 10:22 AM IST

JM Financial initiates coverage on ITC Hotels, sees 12% downside: Check why

JM Financial highlighted that ITC Hotels has delivered a 22 per cent CAGR in Ebitda over FY23-25, driven by strong RevPAR growth

JM Financial initiates coverage on ITC Hotels, sees 12% downside: Check why
Updated On : 25 Aug 2025 | 1:48 PM IST

5 hotel stocks with up to 20% upside potential; check list, details here

Technical charts suggest that share price of ITC Hotels, Indian Hotels, Taj GVK, Lemon Tree and Chalet Hotels could see up to 20 per cent upside from here.

5 hotel stocks with up to 20% upside potential; check list, details here
Updated On : 20 Aug 2025 | 1:08 PM IST

ITC Hotels, IHCL gain 2% in subdued market; brokerages see more upside

ITC Hotels, IHCL stocks in limelight: Demand for luxury hotels will sustain in India with strong demand from domestic leisure travel and anticipated higher foreign tourist arrivals in H2FY26.

ITC Hotels, IHCL gain 2% in subdued market; brokerages see more upside
Updated On : 20 Aug 2025 | 10:39 AM IST

ITC Hotels sets 2030 goal of 220 properties, 5,300 keys in 5 years

ITC Hotels, in its first AGM post demerger, announced a pipeline of 58 hotels with over 5,300 keys in five years, targeting 200 properties by 2030 and expanding abroad

ITC Hotels sets 2030 goal of 220 properties, 5,300 keys in 5 years
Updated On : 12 Aug 2025 | 12:01 AM IST

ITC Q1FY26 results: Net profit up 3% at ₹5,244 cr, revenue rises 19.53%

ITC's Q1FY26 performance shows 3% profit growth and 19.53% rise in revenue, driven by strong performances in cigarettes and agri businesses despite rising commodity prices

ITC Q1FY26 results: Net profit up 3% at ₹5,244 cr, revenue rises 19.53%
Updated On : 01 Aug 2025 | 11:28 PM IST

Indian hospitality sector dips on geopolitical tensions in June quarter

Hotel occupancy and room rates decline across cities amid Indo-Pak tensions, early monsoon and air crash; outlook for September quarter remains optimistic

Indian hospitality sector dips on geopolitical tensions in June quarter
Updated On : 31 Jul 2025 | 8:38 PM IST

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 scale up to 220 properties by 2030 via franchise push
Updated On : 18 Jul 2025 | 5:17 PM IST

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

ITC Hotels plans to expand portfolio to over 220 operating units by 2030
Updated On : 18 Jul 2025 | 3:59 PM IST

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

Indian Hotels, ITC rally upto 3% in weak market; brokerages see more upside
Updated On : 18 Jul 2025 | 12:43 PM IST

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 hits 200-property mark; Q1 net profit up 54% at ₹133 crore
Updated On : 16 Jul 2025 | 11:28 PM IST

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

ITC Hotels Q1 FY26 result: Net profit jumps 54% to ₹133 cr, revenue up 15%
Updated On : 16 Jul 2025 | 4:21 PM IST

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

Stock Market close highlights: Sensex flat, Nifty at 25,212; PSBs outperform; India VIX down 2%
Updated On : 16 Jul 2025 | 3:52 PM IST

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.

ITC Hotels jumps 6%, hits new high on strong Q1 nos; m-cap tops ₹50,000 cr
Updated On : 16 Jul 2025 | 3:13 PM IST

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

Q1 results today: ITC Hotels, Tech Mahindra, L&T Tech among 19 on July 16
Updated On : 16 Jul 2025 | 9:06 AM IST

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

ITC Hotels hits new high, surges 6% in 2 days; market cap nears ₹50,000 cr
Updated On : 09 Jul 2025 | 12:20 PM IST

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

Schloss Bangalore stock up 5% as Morgan Stanley initiates with 'Overweight'
Updated On : 08 Jul 2025 | 1:13 PM IST

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

Indian Hotels, Samhi, ITC Hotels gain up to 3% today; should you check in?
Updated On : 25 Jun 2025 | 10:47 AM IST