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Sanjay Ahuja

9th Apr · SEBI-Registered Analyst

ITC HOTELS OPENS IT'S 50th HOTEL PROPERTY IN INDIA

ITCHOTELS
has announced the milestone of it's 50th hotel signing under the hotel brand in India with the addition of new hotels in Shirdi and Bhubaneshwar to the growing brand portfolio. With these two new signings the hotel brand portfolio now consists of 51 hotels with over 5500 keys. The soon-to-open destinations for this hotel brand includes Gangtok (Sikkim) and Bhopal & Gwalior (Madhya Pradesh). For the Q3FY26 quarter, the hotel reported a sales of Rs 1,231 crore which is up by more than 20% as compared to the same quarter in the previous year. Moreover, the net profit for Q3FY26 was Rs 237 crore, up by about 10% as compared to the same quarter in the previous year. With more new hotel properties in the pipeline, it's sales and profits are expected to grow in the coming months.

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