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ITC Hotels Expands Footprint, Taps Branded Residences and Overseas Markets
3 Aug
Summary
- ITC Hotels expanding brand portfolio and exploring new segments like branded residences
- Company reports strong financial performance with increased revenue and profit
- Opening new hotels in India and exploring opportunities overseas, including Sri Lanka and Nepal
As of August 3, 2025, ITC Hotels is seizing the optimal time to open and expand new hospitality brands in India. The company is capitalizing on heightened investor interest and evolving customer needs in the country's hospitality sector. ITC Hotels' strong financial performance, with a 16% year-on-year increase in consolidated revenue from operations and a 54% surge in profit for the quarter ended June 2025, is fueling its expansion plans.
The company is exploring opportunities to take its renowned Bukhara dining brand overseas and is in talks to enter the branded residences segment. ITC Hotels is also looking to build Storii villas around its boutique Storii properties and explore residences under its Welcomhotel brand. The company has a strong zero-debt balance sheet and is open to both organic and inorganic growth opportunities, including acquisitions.
ITC Hotels is opening new properties in locations such as Kochi, Jaipur, Gwalior, Bhopal, Bodh Gaya, Udaipur, Rishikesh, and Wayanad this year. The recently opened ITC Ratnadipa in Sri Lanka has received a positive response, and the company is now receiving offers for more hotel opportunities in the island nation. ITC Hotels also has a small Fortune hotel in Nepal and has signed another Welcomhotel there, while exploring opportunities in the Middle East.
