ITC Hotels Ltd Share Price (ITCHOTELS)

ITC Hotels Ltd, part of the ITC Group until its demerger effective January 1, 2025, is a prominent player in the Indian hospitality sector. The company was listed on the National Stock Exchange (NSE) and BSE Limited (BSE) on January 29, 2025. As of March 31, 2025, ITC Hotels Ltd operated a significant portfolio of over 140 hotels with more than 13,300 rooms. For the fiscal year ended March 31, 2025, the company achieved an average room occupancy of 73%, with Average Daily Rates (ADR) around ₹12,500. Performance in the fourth quarter of fiscal year 2025 (ended March 31, 2025) saw occupancy levels rise to 79% and ADR increase to approximately ₹15,000. ITC Hotels is recognized as one of India's leading and fastest-growing hospitality chains, with a strong commitment to 'Responsible Luxury'. A key achievement includes being the first Indian hotel chain to receive the USGBC Leadership Award for Organizational Excellence in 2024. The company also leads globally in sustainability, with 23 LEED Platinum certified hotels, including 12 properties certified as LEED Zero Carbon and 8 as LEED Zero Water, as of early 2025.

What does ITC Hotels Ltd do?

ITC Hotels Ltd is engaged in the hospitality business, operating a diverse collection of hotels across India. The company’s core activities involve providing accommodation, an extensive range of food and beverage services, and facilities for banquets, events, and spas. It manages properties under six distinct brands: ITC Hotels in the luxury segment, Mementos also in the luxury space, Welcomhotel in the upscale segment, Storii as a collection of boutique properties, Fortune Hotels catering to the mid-market to upscale segments, and WelcomHeritage focusing on heritage properties. ITC Hotels Ltd generates revenue primarily through room rentals, sales from its food and beverage outlets, and increasingly through management fees. This is part of its 'asset-right' strategy, which emphasizes expanding its presence through management contracts and franchise agreements, thereby reducing capital intensity. For the quarter ended March 31, 2025, its Food & Beverage (F&B) operations demonstrated robust growth, contributing significantly to its performance.

Products/Services of ITC Hotels Ltd

Luxury Hotel Brands (ITC Hotels, Mementos)
These brands represent the company's luxury offerings, providing premium accommodation and services. ITC Hotels are known for their grandeur and commitment to Indian ethos, while Mementos is a newer luxury brand. These brands are key to the company's portfolio of over 140 properties and more than 13,300 rooms as of March 31, 2025.

Upscale and Mid-Market Brands (Welcomhotel, Storii, Fortune)
Welcomhotel operates in the upscale segment, offering full-service hotels. Storii is a collection of handpicked boutique hotels offering unique experiences. Fortune Hotels cater to the mid-market and upscale segments, with a strong presence in business and leisure destinations. These brands are instrumental in the company's expansion into Tier 2 and Tier 3 cities across India.

Heritage Hotel Brand (WelcomHeritage)
This brand offers unique stays in palaces, forts, havelis, and resorts, preserving India's rich heritage while providing authentic hospitality experiences. These properties contribute to the diversity of the ITC Hotels portfolio.

Food and Beverage (F&B) Operations
ITC Hotels is renowned for its distinguished culinary offerings, with many award-winning restaurants under its banner. The F&B division also provides extensive banqueting services for weddings, corporate events, and other gatherings. In the fourth quarter of the fiscal year 2025 (ended March 31, 2025), the company's F&B revenues experienced a growth of 12%.

Responsible Luxury Initiatives
A core ethos of ITC Hotels, 'Responsible Luxury' is integrated across its operations. This commitment is demonstrated by its extensive portfolio of green buildings. As of early 2025, the company had 23 LEED Platinum certified hotels, the highest for any hotel chain globally, along with 12 LEED Zero Carbon certified properties and 8 LEED Zero Water certified properties, both global firsts in the hospitality sector.

Future Outlook and Expansion Plans of ITC Hotels Ltd

ITC Hotels Ltd is pursuing an aggressive expansion strategy, primarily through its 'asset-right' model, which focuses on increasing its portfolio through management contracts and franchise agreements. As reported in May 2025, the company has a robust pipeline of 50 hotels with over 4,500 rooms currently under development. The company aims to significantly scale its operations, with a target of reaching 220 operational hotels and 20,000 rooms by the year 2030. This expansion includes a strategic focus on increasing its presence in Tier 2 and Tier 3 cities to capitalize on growing demand in these emerging urban centers. Reflecting this growth momentum, ITC Hotels signed 54 new properties and opened 30 new hotels across its various brands in the 24 months leading up to May 2025. The company also plans to leverage digital advancements, such as its ITC Hotels App, to enhance guest experiences and drive further growth.