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ITC to add 5,000 rooms across new hotels

19 Jan 2018 Evaluate

ITC is planning to add 5,000 rooms across new hotels over the next 3-5 years. This would include the setting up of its first overseas property at Colombo in Sri Lanka. Currently, the company owns and manages 100-odd hotels, across 70 locations, with over 9,000 keys across its four brands.

ITC has business a interests in cigarettes, hotels, paperboards and specialty papers, packaging, agri-business, packaged foods and confectionery, information technology, branded apparel, personal care, stationery, safety matches and other FMCG products.

Peers
Company Name CMP
ITC 266.50
Godfrey Phillips Ind 1899.00
VST Industries 202.15
Indian Wood Products 38.08
NTC Industries 136.00
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