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Economy - January 15, 2025

Demerger to push pace of growth: ITC Hotels MD

Demerger to push pace of growth: ITC Hotels MD

ITC Hotels, now a separate debt-free entity, aims for accelerated growth with its six brands. ITC Hotels plans to increase its room capacity to over 18,000 rooms across 200 hotels by 2030 through an asset-right strategy. Managing Director Anil Chadha highlighted the focus on upscale and economy segments, and the continued importance of food and beverage in their revenue generation.

Author Of article : Sidhartha and Saurabh Sinha

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