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ITC Hotels expand presence in the National Capital with the opening of WELCOMHOTEL Delhi

ITC Hotels expand presence in the National Capital with the opening of WELCOMHOTEL Delhi

ITC Hotels expands its presence in the national capital as it announced the opening of a new Welcomhotel in Delhi, under the management contract. Welcomhotel by ITC Hotels, Delhi- Gurugram highway, Delhi will offer 81

News
ITC Increases Stakes in EIH and HLV Ahead of Hotels Business Demerger

ITC Increases Stakes in EIH and HLV Ahead of Hotels Business Demerger

ITC has increased its shareholding in EIH Limited and HLV Limited by acquiring additional stakes from its wholly-owned subsidiary, Russell Credit Limited. The company purchased a 2.44% stake in EIH’s share capital, comprising 15,232,129 equity

News
ITC Sets January 1 as Effective Date for Hotel Business Demerger; Stock Rises 3%

ITC Sets January 1 as Effective Date for Hotel Business Demerger; Stock Rises 3%

ITC Limited has announced January 1, 2025, as the effective date for the demerger of its hotels business into ITC Hotels Ltd., a wholly owned subsidiary. The move, aimed at unlocking value for shareholders, has

Associations
FHRAI Pushes for GST Reforms: Proposes Separate F&B Rates, 18% GST Slab with ITC Benefits for Restaurants

FHRAI Pushes for GST Reforms: Proposes Separate F&B Rates, 18% GST Slab with ITC Benefits for Restaurants

Federation of Hotel & Restaurant Associations of India (FHRAI), the third largest hospitality association in the world, has raised serious concerns over industry’s long pending request of delinking of GST charged on Food & Beverage

News
ITC Consolidates Stake in Oberoi and Leela Brands Amidst Hotel Business Demerger

ITC Consolidates Stake in Oberoi and Leela Brands Amidst Hotel Business Demerger

ITC Ltd., currently undergoing the demerger of its hotel business, announced on Thursday that its board has approved consolidating its shareholding in two key rival hospitality brands, Oberoi and Leela. ITC will acquire shares held

News Track
NCLT Approves ITC’s Demerger of Hotel Busines

NCLT Approves ITC’s Demerger of Hotel Busines

The Kolkata bench of the National Company Law Tribunal (NCLT) approved the demerger of ITC's hotel business on Friday, according to an exchange filing. The demerger will take effect on the first day of the

Exclusive News
‘I believe in leading by working alongside my team to achieve our shared goals—‘One Team, One Dream’

‘I believe in leading by working alongside my team to achieve our shared goals—‘One Team, One Dream’

As the hospitality industry in India continues to evolve, Tier 2 and 3 cities have emerged as key growth areas. One of the finest examples of this is the recently opened Welcomhotel Belagavi by ITC

New Appointments
Fortune Hotels Appoints Rajesh Nath as the New Sales and Marketing Head

Fortune Hotels Appoints Rajesh Nath as the New Sales and Marketing Head

Fortune Hotels, a member of ITC’s hotel group, is pleased to announce the appointment of Rajesh Nath as the new Head of Sales and Marketing. With more than 30 years of comprehensive expertise in hospitality

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ITC Hotels Announces the Opening of Welcomhotel Belagavi

ITC Hotels Announces the Opening of Welcomhotel Belagavi

Welcomhotel Belagavi opened in the august presence of  Annasaheb Jolle- Founder Jolle Group and Ex MP - Chikkodi,Shashikala Jolle- Co Founder Jolle Group and MLA Nipani, , Anil Chadha , Divisional Chief Executive -ITC Hotels,

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Fortune Hotels signs its second property in Siliguri

Fortune Hotels signs its second property in Siliguri

Fortune Hotels, a member of ITC’s hotel group, announced the signing of a second property in Siliguri, West Bengal. Set to be titled Fortune Park, the hotel is anticipated to open in March 2025. This

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