ITC Hotels targets 250 hotels and 22,000 keys within five years
ITC Hotels has outlined a growth plan spanning owned assets, acquisitions and management contracts, supported by a pipeline of 78 hotels and more than 8,000 keys across its seven brands.
ITC Hotels plans to scale to 250 hotels and over 22,000 keys within five years, backed by a 78-hotel pipeline. It is developing properties in Puri, Visakhapatnam and Delhi, expanding Bhubaneswar, and pursuing acquisitions, management contracts and new destination signings.
Why this matters
ITC Hotels' growth plan follows its proposed acquisition of GHK Hospitality, owner of Welcomhotel Ahmedabad, and comes as Indian hotel operators forecast 12–14% Q1 RevPAR growth despite travel disruptions.
Retail-company signals are accelerating, up +95,000% QoQ.