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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

News
ITC to Spin Off Hotel Business, BAT May Exit Hospitality Sector

ITC to Spin Off Hotel Business, BAT May Exit Hospitality Sector

ITC Ltd., a leading Indian conglomerate, is splitting its hotel business into a separate company. This demerger, expected to be finalized in June 2024, is designed to create a more focused hotel entity and potentially

News
ITC’s Fortune Hotels aims to open a new hotel every month this fiscal

ITC’s Fortune Hotels aims to open a new hotel every month this fiscal

Fortune Hotels, a member of ITC's hotel group, is planning to open a new hotel every month in the current financial year, the company's Managing Director Samir MC said on Wednesday. In an interview to

News
ITC to hold shareholder meeting for landmark demerger of hotel business

ITC to hold shareholder meeting for landmark demerger of hotel business

According to a report by Economic Times, ITC is convening a meeting of its shareholders on June 6th, 2024, to seek approval for a major restructuring. The plan involves demerging the company's hotel business, ITC

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