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
Urge CBIC to implement a special GST payment mechanism
Hotel rooms under ₹7,500 move to 5% slab, will bolster midscale segment
JM Financial highlighted that ITC Hotels has delivered a 22 per cent CAGR in Ebitda over FY23-25, driven by strong RevPAR growth
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.
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, 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'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
Hotel occupancy and room rates decline across cities amid Indo-Pak tensions, early monsoon and air crash; outlook for September quarter remains optimistic
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 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
Demand for luxury hotels will continue in India, with strong demand from domestic leisure travel and higher demand from improving foreign tourist arrivals
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
Meanwhile, the company's profit declined sequentially by 48.2 per cent compared to ₹256.90 crore in the March 2025 quarter
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 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 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
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 has received an 'overweight' rating from Morgan Stanley, with a target price of ₹549
Hotel stocks were rising in trade today as expectations that the demand for branded hotel rooms in India may continue to outpace supply growth