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ITC Hotels to expand portfolio to over 220 units by 2030

18 Jul 2025 Evaluate

ITC Hotels is aiming at expanding its portfolio to over 220 operating units with more than 20,000 keys by 2030. The company plans to accelerate its growth through management contracts and franchise arrangements. Approximately, 70 per cent of the keys are being operated under management contracts, including franchising. Spun into a separate entity after the demerger from ITC, the company owns brands like ITC Hotels, Mementos, WelcomHotel, Storii, Fortune and WelcomHeritage.

ITC Hotels is engaged in the business of owning, operating, managing and franchising hotels and resorts and is focused towards enabling authentic indigenous experiences for its guests, which are in harmony with the environment and society.


Peers
Company Name CMP
The Indian Hotels Co 716.15
ITC Hotels 158.75
Mahindra Holi.&Resor 195.20
EIH 298.00
Chalet Hotels 830.20
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