ITC Hotels Ltd Overview
Pro stress-test →ITC Hotels is an Indian hospitality company that operates and manages hotels, with over 200 hotels. It operates hotels across 90+ destinations under brands like ITC Hotels, Mementos, Epiq Collection Storii, Welcomhotel, Fortune, and Welcome Heritage. The company has a franchise agreement to operate most of its hotels as part of The Luxury Collection of Marriott International.
Strategic Profile
Pro stress-test →ITC Hotels was separated from ITC Limited through a demerger approved in August 2023 and became an independent listed entity on January 29, 2025. Aligned to its 'Asset-Right' strategy, the company aims to scale its portfolio to 250 operational hotels with more than 22,000 keys by 2031. The company continues to invest heavily in sustainability, with its renewable energy portfolio reaching 51.2 MW and renewable electricity accounting for over 55 percent of the company's energy mix.
Competitive Landscape
Pro stress-test →HLV (Mumbai), Bharat Hotels, Accor, Sarovar Hotels, and Marriott International are some of the competitors of ITC Hotels. ITC Hotels primarily competes in the Indian luxury and mid-scale hospitality segment with a differentiated portfolio spanning heritage, business, leisure, and spiritual properties. Its asset-light expansion strategy and strong sustainability positioning provide competitive advantages in the premium hospitality market.
Industry Context
ITC Hotels Ltd operates in Luxury & Premium Hospitality.
Key facts
Founded: 2025 · Headquarters: Kolkata, India · Revenue: ₹4,139 crore (FY26) · Market cap: ₹37,077 crore (~$4.4B USD)