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ITC HOTEL EXPANSION
No slowdown yet, but inflation and El Niño are risks: ITC's Sanjiv PuriITC Chairman Sanjiv Puri revealed plans for a Rs 20,000 crore investment over the medium term, including hotel expansion. He highlighted st...- ITC bulking up with products rich in protein and fibre: Sanjiv Puri“India is also a protein-deficient market. We already have offerings such as high-protein atta, soya chunks and protein shakes, and we will...
- Tourism and hotel sector stocks: Time for a correction in business? Are analysts getting it wrong? 15 stocks from the ecosystemThe Indian hotel and tourism ecosystem has benefitted from the post-Covid travel urge. Occupancies were high, room rates firm, supply is, i...
- Buy, Sell or Hold: Citi maintains buy on Endurance Technologies; HDFC Securities downgrades Data PatternsBrokerages offer mixed outlooks on midcap stocks, with Citi maintaining a 'Buy' on Endurance Technologies due to strong Q4 results and HDFC...
- ITC Hotels Q4 PAT at Rs 317 crore, chain posts revenue of Rs 1,254 croreITC Hotels posted strong FY26 growth with higher revenue, profit and record hotel signings. The company acquired a luxury resort in Kumarak...
- ITC Hotels shares in focus after marquee investor GQG sells Rs 197-crore stake. What lies ahead?ITC Hotels shares are under scrutiny after GQG Partners sold a partial stake worth Rs 197 crore. Despite a 22% dip this year, driven by geo...
- Marquee investor GQG sells shares worth Rs 197 crore in ITC Hotels through bulk dealGQG Partners sold shares worth Rs 197 crore in ITC Hotels amid a 20% stock correction. Despite short-term weakness, steady hotel operations...
- ITC betting big on tech, FMCG growth and hotel expansion; planning ₹20,000 crore capex: Sanjiv PuriITC Limited is prioritizing technology-led transformation, new business creation, and aggressive expansion across segments, including a sig...
- ITC Hotels plans to expand portfolio to over 220 units by 2030ITC Hotels plans significant expansion. The company aims to have over 220 operational units with 20,000 keys by 2030. Growth will be driven...
- ITC Hotels reports revenue of Rs 816 crore for Q1FY26, profit at Rs 134 croreITC Hotels reported a 54% YoY rise in Q1 profit at Rs 134 crore and 16% revenue growth to Rs 816 crore. The board approved Rs 328 crore cap...
- ITC Hotels shares list at Rs 188 on BSE at Rs 39,000 crore market capITC Hotels shares listed at Rs 188 on BSE and Rs 180 on NSE. ITC Hotels, with a zero-debt balance sheet and strong expansion plans, is pois...
- ITC Hotels’ demerger marks new era of stakeholder value creation: Sanjiv PuriValue for our customers, value for society, value for employees. When all of them win, then ITC Hotels wins, so that is the philosophy we w...
- ITC Hotels eyes overseas expansion post-demergerITC plans to expand its hotel business internationally, starting with neighboring countries and West Asia. The newly demerged ITC Hotels Lt...
- ITC Hotels to have a net worth of Rs 10,000 crore and debt-free balance sheetAs of March 2024, ITC Hotels' capital structure stood at approximately Rs 207.85 crore. However, this figure may see slight adjustments on ...
- ITC exploring hotel business expansion opportunity in Nepal, Sri Lanka, Middle EastChairman and managing director Sanjiv Puri said ITC is looking to add more than 70 hotels over the next five years in India, mostly through...
- ITC Hotels plans to add 70 properties in five years: CEOITC Hotels aims to bolster its portfolio to 200 hotels within the next five years, up from the current count of 130, by introducing propert...
- ITC plans to add 3 properties under Welcomhotel brandThe firm will be opening a 46-key hotel in Manali in a few months, it added. The company will also open a hotel in Dehradun under a managem...
- ITC Hotels partners with Jolle Hospitality to expand footprint in south IndiaLocated in the industrial area of Kakti, off NH-4 on Pune-Bengaluru highway, the property is just 10 kilometres from the popular tourist sp...
- In top-level rejig, ITC appoints hotel business COO Dipak Haksar as unit’s CEOThe conglomerate, which runs the country’s second-largest hotel chain, has appointed hotel business chief operating officer Dipak Haksar as...
- ITC Hotels picks 26% stake in Espirit JV for Rs 45 croreITC Hotels has picked a 26% stake in a joint venture with Espirit Hotels to build a luxury hotel in Hyderabad. The stake is valued at Rs 45...
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