ITC Hotels Ltd, one of India’s most prestigious hospitality chains, stands as a symbol of luxury blended

With sustainability under its philosophy of “Responsible Luxury.” Established in 1975, the brand has evolved into a multi-segment powerhouse, managing over 140 hotels across more than 90 destinations in India. Its portfolio spans a diverse range of experiences—from the opulence of ITC Hotels and Mementos by ITC to the premium boutique charm of Storii, the upper-upscale Welcomhotel, the mid-market Fortune Hotels, and the heritage-driven WelcomHeritage collection. Sustainability remains ITC Hotels’ defining differentiator. Every ITC luxury property is LEED® Platinum certified, with several achieving LEED Zero Carbon and Zero Water status—making the chain one of the most environmentally responsible in the world. Its properties emphasize eco-conscious construction, local sourcing, and cultural authenticity while offering world-class luxury experiences. The company has outlined plans to surpass 200 hotels (over 18,000 keys) by 2030, with newer estimates pushing this goal closer to 220 hotels, driven by the rapid expansion of India’s domestic tourism and business travel segments. To accelerate growth without over-leveraging its balance sheet, ITC Hotels is focusing on an “asset-right” model, prioritizing management contracts and franchising over ownership-heavy expansion. This capital-efficient approach allows the brand to scale rapidly while ensuring consistent service standards and profitability. Operationally, ITC Hotels reported an occupancy rate of around 69% in FY24 across a portfolio exceeding 13,000 keys, and the hospitality division contributed roughly 4% of ITC Ltd’s total revenue prior to the demerger. With its independent listing in 2025, ITC Hotels is now poised for a new growth chapter—aiming to unlock value, attract strategic partnerships, and strengthen its identity as a standalone hospitality leader.