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WELCOMHOTEL AHMEDABAD
ITC Hotels reports net profit of Rs 182 cr for Q1FY27, revenue at Rs 936 crITC Hotels achieved Rs 936 crore revenue and Rs 182 crore profit in Q1 FY27. The company also acquired Welcomhotel Ahmedabad for Rs 155 cro...- ITC Hotels Q1 Results: Net profit jumps 35% to Rs 180 crore; acquires GHK Hospitality for Rs 155 croreITC Hotels reported a thirty-six percent rise in net profit for the first quarter. Consolidated revenue from operations also increased comp...
- 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...
- Stock picks of the week: 5 stocks with consistent score improvement and upside potential of up to 29%In the initial phase of recovery, because every stock was beaten down, we may see a rally with good market breadth. But, over time, stocks ...
- T20 WC final: Hotel tariffs soar up to 400% in AhmedabadHotel room prices in Ahmedabad have surged dramatically for the India-New Zealand T20 World Cup final. Rates have increased by 300 to 400 p...
- ICICI Securities sees up to 21% upside in ITC Hotels, initiates coverage with buy callICICI Securities has initiated coverage on ITC Hotels with a 'buy' rating and a target price of Rs 250. The brokerage anticipates a multi-y...
- ITC Hotels' brand Welcomhotel grows with 25 properties pan IndiaThe company said the launch of Welcomhotel Belagavi, Karnataka, is a testament to ITC Hotels' 'asset-right' expansion strategy and reflects...
- India vs Australia: Hotels, flights notch up bigger numbers than players in World Cup finalFrenzied demand to see the World Cup cricket final leaves Ahmedabad chock-a-block, with hotels charging eye-popping rates and air tickets c...
- Surge in demand for accommodation and flights due to ICC Men's Cricket World Cup: Booking.comThe ICC Men's Cricket World Cup in India is driving a surge in demand for accommodations and flights, according to a senior executive at on...
- Hotels get a makeover as demand picks upHoteliers said the pandemic acted as a catalyst for rebranding opportunities, with a swelling list of asset owners approaching brands to ma...
- ITC Hotels plans to launch over 20 properties in two years, says divisional chief executive Anil ChadhaHe said ITC Hotels is also evaluating its overseas expansion and considering the Middle East market. "We are trying to see how we make an e...
- Wedding bells bring joy to hotels business as states lift curbsAfter a dismal start to the year due to the highly transmissible Omicron variant and the ensuing travel curbs, February looks promising for...
- Hotel companies put Covid blues behind them, to launch more propertiesZubin Saxena, managing director for South Asia at Radisson Hotel Group, said the chain opened three hotels last year and is on track to ope...
- ITC to expand Welcomhotel brand to 25 hotelsThe brand opened two properties in a span of six months. Welcomhotel Tavleen Chail was unveiled on Thursday and Welcomhotel Shimla about si...
- Demand supply situation remains dynamic despite a fall in new infections in countryHotel chains such as Indian Hotels Company (IHCL), Wyndham, Oyo and ITC Hotels said they are allocating more quarantine rooms in cities and...
- ITC to add 3000 rooms under Welcom brand in 5 yearsThe new WelcomHotel properties will come up in places like Corbett, Chennai, Chail, Ahmedabad and Puri. Under the WelcomHotel brand, the co...
- ITC restructured the WelcomHotel brand to make it more contemporary: Sanjiv PuriITC Ltd executive director Nakul Anand said the company’s joint venture subsidiary in Nepal, Surya Nepal, is going to build a WelcomHotel b...
- Preferred Hotels & Resorts plans to get more aggressivePreferred’s planned India expansion is part of its strategy for South Asia where it wants to add 50 hotels by 2020, Ueberroth told ET.
- ITC says 40 new hotels with 5,000 rooms in pipelineITC's hospitality chain has nearly 100 properties under four brands -- ITC Hotels, WelcomHotel, Fortune and WelcomHeritage -- across 70 loc...
- 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...
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