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decided to demerge its hotel business into a separate entity in 2023. The board of ITC Ltd. granted in-principle approval for the demerger under a scheme of arrangement. Sanjiv Puri, the CMD of ITC, elaborated that the move is part of a broader strategy for capital raising and debt expansion. The
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In 1984, ITC Ltd. bought the entire equity capital from VST. In 1985 the Indian government awarded the Hotel that would later become the ITC Gardenia a five star rating. The company name was changed from ITC Ltd. to ITC Hotels in 1986.
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is expected to take place in 15 months. The company will hold a stake of around 40% in the new entity, while the balance will be held by the company’s shareholders proportionate to their shareholding.
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364:. With over 100 hotels, it is India's third largest hotel chain. It has a franchise agreement to operate most of its hotels as part of
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Originally incorporated as Rama Hotels Pvt Ltd in 1972 and renamed
Vishwarama Hotels in 1973. The Vazir Sultan Tobacco Co Ltd. (
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The hotel chain works on a philosophy of "Responsible Luxury" and each hotel in the chain has a
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786:"ITC Hotels Listing Likely in 2024, Company Board to Take Decision on August 14"
650:"Trump to stay at ITC Maurya's Chanakya Suite; here's how much it costs a night"
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entered the hotel business on 18 October 1975 with the opening of a hotel in
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ITC Hotels has hosted many visiting royalty and world leaders, including
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Red Roof Inn / Red Roof Plus / The Red
Collection / HomeTowne Studios
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442:(Leadership in Energy and Environmental Design) Platinum rating.
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In an effort to unlock value and focus on core competencies,
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626:"Obama visit: US wants no-fly zone over ITC Maurya, Taj"
477:
The group today operates under several distinct brands:
1740:
772:"ITC Hotel Spinoff at 10:1 Ratio, IPO in 15 Months"
51:. Unsourced material may be challenged and removed.
414:Welcomhotel By ITC Hotels, Cathedral Road, Chennai
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827:
465:spinoff will happen at a 10:1 ratio, and an
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758:"ITC CMD Sanjiv Puri Exclusive Interview"
111:Learn how and when to remove this message
1226:
393:
379:
746:. Business Standard. 25 September 2023.
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49:adding citations to reliable sources
20:
13:
3412:1975 establishments in West Bengal
690:. 16 December 2019. Archived from
598:"Chandragupta ready to host Putin"
525:
14:
3428:
1046:5 STAR Kitchen ITC Chef's Special
796:
634:. 26 January 2015. Archived from
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3348:United Hotels Company of America
2377:Country Hearth Inns & Suites
1086:
842:
788:. Business Today. 5 August 2023.
299:
298:
276:
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129:
25:
3283:Nickelodeon Resorts by Marriott
2821:The Leading Hotels of the World
891:Crowne Plaza Chennai Adyar Park
778:
764:
760:. CNBC TV18. 26 September 2023.
750:
736:
720:
596:Joseph, Josy (2 October 2000).
36:needs additional citations for
774:. Livemint. 26 September 2023.
744:"Behind ITC's Hotels Demerger"
706:
674:
656:
642:
618:
589:
561:
547:
309:(US$ 1.1 billion) (2024)
263:(US$ 370 million) (2024)
1:
2789:InTown Suites / Uptown Suites
518:
286:(US$ 92 million) (2024)
2367:3 Palms Hotels & Resorts
1925:Indian Hotels Company (IHCL)
7:
2629:Center Parcs UK and Ireland
2387:Lexington Hotels & Inns
153:; 49 years ago
10:
3433:
3407:Companies based in Kolkata
3402:Hotels established in 1975
3288:Parliament House Motor Inn
2876:Millennium & Copthorne
727:Company Facts – ITC Hotels
375:
3366:
3163:
2494:
2401:
2357:Red Lion Inn & Suites
2308:
2280:
2252:
2050:
1979:
1951:
1923:
1850:
1822:Hyatt Zilara / Hyatt Ziva
1762:
1731:
1648:
1610:
1507:
1399:
1376:
1291:
1094:
1028:
1012:
992:
976:
955:
929:
922:
904:
861:
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494:Welcomhotel by ITC Hotels
472:
360:, which is a part of the
335:
323:
313:
290:
267:
248:
219:
209:
199:
189:
165:
147:
137:
128:
3178:Alamo Plaza Hotel Courts
2599:Budget Suites of America
2327:Americas Best Value Inns
1429:Country Inn & Suites
1419:Clarion / Clarion Pointe
1020:Yogesh Chander Deveshwar
569:"President Bush arrives"
2332:Canadas Best Value Inns
2026:(outside North America)
1326:BW Signature Collection
412:, which was renamed as
2155:Marriott Vacation Club
1698:Hilton Grand Vacations
402:
391:
370:Marriott International
3397:Hotel chains in India
3308:Royal Inns of America
3003:Relais & Châteaux
2744:Extended Stay America
2083:The Luxury Collection
1509:Global Hotel Alliance
1449:Park Plaza / Park Inn
1321:BW Premier Collection
1041:W.D. & H.O. Wills
871:ITC Grand Chola Hotel
508:, which has 53 hotels
496:, which has 25 hotels
484:, which has 17 hotels
397:
383:
366:The Luxury Collection
3263:The Hotel Collection
2963:Pousadas de Portugal
2143:Executive Apartments
2108:Autograph Collection
1742:Deutsche Hospitality
1532:The Doyle Collection
1474:Radisson Individuals
1316:Best Western Premier
664:"Responsible Luxury"
538:"ITC Q4FY24 results"
514:, which has 3 hotels
502:, which has 6 hotels
500:Storii By ITC Hotels
490:, which has 2 hotels
45:improve this article
3353:Vantage Hospitality
2624:Center Parcs Europe
2372:America's Best Inns
2038:Rezidor Hotel Group
1890:Holiday Inn Express
1542:Fauchon Hospitality
1469:Radisson Collection
1366:SureStay Collection
1331:Executive Residency
896:Welcomhotel Chennai
713:Rama Hotels Pvt Ltd
694:on 22 December 2019
670:. 16 December 2019.
652:. 24 February 2020.
638:on 21 January 2015.
191:Number of locations
125:
3328:Summerfield Suites
2896:Motel 6 / Studio 6
2769:Hard Rock / Reverb
2714:Disney Experiences
2559:The Ascott Limited
2138:Conference Centers
1837:Unbound Collection
1537:Elewana Collection
403:
392:
123:
16:Indian hotel chain
3384:
3383:
3208:Cross Country Inn
3060:Santika Indonesia
2923:Oetker Collection
2851:Mandarin Oriental
2397:
2396:
2046:
2045:
1915:Staybridge Suites
1870:Candlewood Suites
1758:
1757:
1693:Hilton Garden Inn
1597:Sun International
1499:WoodSpring Suites
1409:Ascend Collection
1311:Best Western Plus
1287:
1286:
1269:Morgans Originals
1054:
1053:
1008:
1007:
918:
917:
351:
350:
121:
120:
113:
95:
3424:
3374:
3373:
3218:Esso Motor Hotel
2709:Dedica Anthology
2684:Cordis / Langham
2436:Howard Johnson's
2315:
2314:
2160:Grand Residences
2033:PPHE Hotel Group
2020:
2019:
1994:Jin Jiang Hotels
1900:InterContinental
1738:
1737:
1668:Curio Collection
1625:Master Host Inns
1494:Suburban Studios
1224:
1223:
1081:
1074:
1067:
1058:
1057:
927:
926:
886:ITC Grand Bharat
881:ITC Royal Bengal
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858:
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805:Official website
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731:moneycontrol.com
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385:ITC Royal Bengal
347:
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342:
308:
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205:India, Sri Lanka
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94:
53:
29:
21:
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3421:
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3183:Allegro Resorts
3159:
2490:
2393:
2352:Red Lion Hotels
2319:Red Lion Hotels
2304:
2276:
2248:
2042:
2018:
1975:
1947:
1919:
1846:
1754:
1727:
1723:Waldorf Astoria
1713:Homewood Suites
1644:
1620:Downtowner Inns
1606:
1503:
1444:MainStay Suites
1439:Everhome Suites
1395:
1372:
1356:SureStay Studio
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1222:
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3253:Great Southern
3250:
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3243:Friendship Inn
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3110:Swiss-Belhotel
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2574:Bahia Principe
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2481:Wyndham Garden
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1678:Embassy Suites
1675:
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1635:Red Carpet Inn
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62: –
61:
57:
56:Find sources:
50:
46:
40:
39:
34:This article
32:
28:
23:
22:
19:
3358:Wilson World
3333:Susse Chalet
3313:Shoney's Inn
3268:Imperial 400
3233:Four Pillars
3198:Capital Bars
3105:Sutton Place
3028:Royal Orchid
2953:Penta Hotels
2881:Minor Hotels
2754:Four Seasons
2639:Cheval Blanc
2088:Ritz-Carlton
1999:Jinjiang Inn
1971:WelcomHotels
1970:
1965:
1960:
1952:
1895:Hotel Indigo
1875:Crowne Plaza
1827:JdV by Hyatt
1708:Home2 Suites
1479:Radisson Red
1464:Radisson Blu
1378:BTG Homeinns
1306:Best Western
1293:Best Western
1259:Mama Shelter
1088:Hotel chains
911:ITC Infotech
862:
855:Subsidiaries
780:
766:
752:
738:
730:
722:
715:
708:
696:. Retrieved
692:the original
685:
676:
668:itchotels.in
667:
658:
644:
636:the original
629:
620:
608:. Retrieved
601:
591:
579:. Retrieved
572:
563:
549:
511:
505:
499:
493:
487:
481:
476:
459:
455:
444:
437:
433:Donald Trump
429:Barack Obama
418:
404:
353:
352:
293:Total assets
166:Headquarters
107:
101:October 2008
98:
88:
81:
74:
67:
60:"ITC Hotels"
55:
43:Please help
38:verification
35:
18:
3417:ITC Limited
3258:Hiway House
3248:Gran Dorado
3238:Fred Harvey
3193:AmeriSuites
3173:Adam's Mark
3013:Rocco Forte
2978:Prime Plaza
2973:Premier Inn
2938:Pan Pacific
2871:MGM Resorts
2861:Masters Inn
2679:Continental
2669:Cobblestone
2594:Budget Host
2554:Archipelago
2382:Jameson Inn
2347:Knights Inn
2254:Okura Nikko
2217:Four Points
2167:Renaissance
2128:Le MĂ©ridien
2078:JW Marriott
1885:Holiday Inn
1812:Hyatt Place
1807:Hyatt House
1792:Grand Hyatt
1787:Destination
1587:Pan Pacific
1572:Nikki Beach
1484:Rodeway Inn
1454:Quality Inn
1434:Econo Lodge
1107:Banyan Tree
848:ITC Limited
698:16 December
606:. New Delhi
406:ITC Limited
362:ITC Limited
358:hotel chain
330:ITC Limited
318:ITC Limited
307:8,765 crore
261:3,103 crore
232:Welcomhotel
215:Anil Chadha
201:Area served
142:Hospitality
3391:Categories
3125:Toyoko Inn
3095:Starhotels
2993:Red Planet
2826:lemon tree
2779:Hotel Sogo
2749:Fiesta Inn
2609:Canad Inns
2549:Aqua-Aston
2512:Aerowisata
2461:Travelodge
2362:Settle Inn
2337:GuestHouse
2295:Shangri-La
2282:Shangri-La
2242:TownePlace
2237:SpringHill
1989:7 Days Inn
1953:ITC Hotels
1832:Park Hyatt
1673:DoubleTree
1562:Marco Polo
1254:JO&JOE
1244:The Hoxton
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