Page 3 - Itc Hotels

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.

ITC Hotels extends rally on heavy volumes; up 12% in 2 days, nears new high

The Indian hotel industry is poised to continue its strong recovery in Q4FY25, fueled by healthy traction in MICE activities, cultural events, and a strong wedding season.

ITC Hotels dips 3% after BAT unveils plans to divest its stake in company

BAT's chief executive Tadeu Marroco in a post-results analysts meeting said that they have no interest in staying invested in ITC Hotels for the long term and they will figure out the the right time

Stocks to Watch, Feb 14, 2025: TaMo, Nazara Tech, Hindalco, Paytm, NTPC

Stocks to Watch, Feb 14, 2025: From Nazara Tech to Hindalco, here are a few stocks that will on investors' and traders' radar during today's market session

BAT to divest stake in ITC Hotels at the 'right moment': Tadeu Marroco

Reiterating BAT's position on ITC Hotels, Marroco said at a post-results analyst meet, "BAT has no interest in becoming a long-term shareholder of a hotel chain in India

3 reasons why Jefferies says investors should 'Buy' ITC Hotels stock

ITC Hotels share price: Jefferies has estimated ITC Hotels share price target at Rs 240 in their base case, Rs 280 in bull case, and Rs 140 in bear case

ITC Hotels trades higher for 3rd straight day; up 3% in subdued market

In Q3FY25, ITC Hotels Ebitda margin expanded by 450 bps Y-o-Y driven by higher RevPAR or Revenue per Available Room, operating leverage and strategic cost management initiatives

ITC Hotels removed from Sensex; Dr Agarwal slips on stock market debut

Shares of the luxury hotel operator last closed at Rs 165, down 4.2 per cent, with over Rs 700 crore worth of shares changing hands

ITC Hotels trades weak in firm market; stock down 15% from listing day high

Buoyed by the government's policy interventions for the hospitality sector and a flourishing domestic tourism industry, ITC Hotels has strong growth enablers in place.

Hospitality giant ITC Hotels becomes second most valued hotel stock

Spun-off unit to open 200 hotels in five years

ITC Hotels listing today: Shares drop 5% after debuting at Rs 188 on BSE

ITC Hotels listing today: ITC Hotels listed at Rs 188 per share on the BSE on Wednesday, January 29, 2025. On the NSE, ITC Hotels share price listed at Rs 180 per share

Exploring opportunities in branded residences: ITC Hotels MD Anil Chadha

In a recent conversation with Business Standard, Chadha said: "It is something we are exploring, but have not settled for any specific model yet"