Page 7 - Itc Hotels

ITC Hotels signs up first property in Udaipur under its new brand Mementos

Slated to open in the first quarter of next fiscal, the 130-room property is spread over 106 acres with each room offering a view of the beautiful panoramic Arravalis

ITC Q2 preview: Analysts see 13% YoY revenue jump; high costs may hit PAT

On the bourses, the stock of the cigarette-to-hotels conglomerate rallied 16 per cent on the BSE during the quarter under review, as against around 13 per cent gain in the benchmark S&P BSE Sensex

ITC Hotel to launch new luxury hotel brand Mementos across destinations

Together with Storii, the hotel chain is looking to create differentiated experience for travellers

Fortune Park Hotels to add five hotels in India by December 2022

These five hotels will be -- Fortune Resort Benaulim Goa, Fortune Park in Hoshiarpur (Punjab), Fortune Park in Tirupur (Tamil Nadu), Fortune Select in Goa and a Fortune Inn in Haldwani (Uttarakhand)

ITC adopting disruptive business models as part of strategy reset, says MD

About the FMCG business, Sanjiv Puri said ITC is focusing to build a formidable business at scale and several of its brands have already achieved leadership positions

Asset-right strategy to drive ITC's game-plan for hotels post Covid: MD

Sanjiv Puri said an extensive strategy reset has been undertaken to architect the structural drivers that will power ITC's next horizon of growth

CII ties up ITC Hotels to launch vocational education in hospitality sector

Industry body CII on Thursday said it has partnered with ITC Hotels to launch vocational education training by Switzerland-based hotel school EHL in the hospitality sector.

ITC reports 30% rise in Q1 net profit at Rs 3,343 crore

Its revenue from operations rose 36 per cent per cent to Rs 14,240 crore

Premium restaurants get hooked to the sweet taste of food delivery

Premium restaurants see gourmet meals on wheels as a long-term business

Vacationers head to the hills to de-stress as states start unlock process

Over the past fortnight, five-star hotel chains including and premium boutique brand are seeing the occupancy at their properties either reach the near optimum level or being completely sold out.

ITC to expand Welcomhotel brand to 25 hotels even amid pandemic

Amid Covid pandemic and slump in the hospitality industry owing to lockdown and restrictions, ITC Hotels is optimistic about domestic tourism, planning to increase number of properties in Welcomhotel.

ITC slips 3% post Q4 results. Can the stock enter a prolonged bear phase?

Analysts remain cautious on cigarettes and hotels businesses in the medium term. On the techncial charts, the stock is in the process of forming an 'Island Reversal Pattern'

ITC Q4 consolidated net profit falls 3%, declares final dividend of Rs 5.75

The FMCG major's consolidated revenue from operations rose to Rs 15,404 crore

ITC Q4 preview: Single-digit revenue growth seen; PAT may dip up to 7% YoY

Brokerage JM Financial expects PAT to decline 6.4 per cent YoY to Rs 3,554.9 crore during the quarter ended March 2021

A business hotel for that great weekend getaway with your family and Fido

WFH and travel paranoia during Covid-19 have lowered occupancy in these hotels, forcing them to offer alluring rates as low as Rs 5,000 a night with meals to leisure customers

Welcomhotel opens its first property in Himachal Pradesh, at Shimla

Plans are afoot to add nine new properties under the brand in the next 12 months in every region in India, to take the total tally to 26

Home-away-from-home model offers hotels a sliver of hope amid Covid crisis

IHCL plans three-fold increase for its homestay properties

ITC gets a new CFO in Supratim Dutta as part of organisational revamp

Appointment with effect from September 5 as new man in replaces Rajiv Tandon, who continues on board, with Dutta reporting to him

Localised lockdown impacting ITC's recovery pace, outlook uncertain: Puri

ITC would respond with agility to strengthen its market standing while sharply focusing on cost reduction measures, Puri reassured shareholders

With Covid-19-related services driving demand, hotels see long wait ahead

With demand drying up, hotels are surviving on quarantine centres and isolation facilities