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ITC’s hospitality arm planning to increase number of properties under Welcomhotel brand

14 Jun 2021 Evaluate

ITC’s hospitality arm -- ITC Hotels is optimistic about domestic tourism prospects and planning to increase the number of properties under the brand Welcomhotel to 25 in a year from 19 now.

The brand opened two properties in a span of six months. Welcomhotel Tavleen Chail was unveiled on June 10, 2021 and Welcomhotel Shimla about six months ago. And Welcomhotel Ahmedabad and Welcomhotel Port Blair were relaunched in the March quarter. Collaborating with like-minded partners who bring unique hospitality experiences has further strengthened ITC Hotels footprint across the length and breadth of the country.

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

Peers
Company Name CMP
ITC 261.55
Godfrey Phillips Ind 1936.45
VST Industries 204.55
Indian Wood Products 33.97
NTC Industries 135.00
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