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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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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

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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

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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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ITC’s decade-long overseas hospitality foray set to materialise with opening of ITC Ratnadipa in Colombo

ITC’s decade-long overseas hospitality foray set to materialise with opening of ITC Ratnadipa in Colombo

According to the Telegraph India, After over a decade in the making, ITC's inaugural overseas hospitality venture is ready to open its doors. Conceived in 2012, the Colombo project, named ITC Ratnadipa, will become operational

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The Welcomhotel brand introduces Welcomhotel Hamsa in Manali

The Welcomhotel brand introduces Welcomhotel Hamsa in Manali

The Welcomhotel brand continues with its impressive growth trajectory with the addition of this premier mountain resort making it a total of three Welcomhotel properties in Himachal Pradesh. The asset right strategy has been a

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ITC Hotels expands portfolio with signing of Storii Rishikesh in Uttarakhand

ITC Hotels expands portfolio with signing of Storii Rishikesh in Uttarakhand

Embracing its asset-right growth strategy, ITC Hotels has announced the signing of Storii Rishikesh, located amidst the serene hillsides of Uttarakhand. Offering panoramic views of the river from elevated vantage points, Storii Rishikesh is poised

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Brand Welcomhotel forays into North East with Welcomhotel Gangtok

Brand Welcomhotel forays into North East with Welcomhotel Gangtok

ITC Hotels has expanded its presence in the North East with the signing of Welcomhotel Gangtok. Located in the vicinity of Gangtok’s famous MG Market, the Flower Exhibition Centre as well as other popular sightseeing

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BAT Mulls Exiting ITC Hotels Business Following Demerger

BAT Mulls Exiting ITC Hotels Business Following Demerger

During a recent post-earnings call, Tadeu Marroco, CEO, British American Tobacco (BAT) informed analysts that BAT, the largest shareholder of India's leading cigarette maker ITC Ltd, is considering withdrawing its stake in ITC's hotels business

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ITC launches its tenth Peshawri dining establishment ITC Kohenur, Hyderabad

ITC launches its tenth Peshawri dining establishment ITC Kohenur, Hyderabad

ITC Hotels signature brand Peshawri, known for its rich, robust and traditional flavors of the North-West Frontier region, continues to expand as its 10th dining establishment at ITC Kohenur opens in Hyderabad. Anil Chadha, Chief

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