Hotel News, Hotel News in India, Hospitality News, Hospitality News in India, Hospitality Business, Hospitality Business in India, Hospitality News South East Asia, hospitalityrise,, hotel jobs, hotel Jobs India, hospitality jobs in India, Hotel Vacancy in India, Hotel Jobs worldwide, Hospitality Jobs worldwide, Hotel Vacancy Worldwide, hospitality jobs, Luxury hotel jobs, Five star hotel jobs, India Hotel Jobs, India ,South East Asia Hotel Jobs, Hotel News Now, Hospitality News Now, Business News, Hotel, Hotel Business in India, Hotel Business News in India, Hospitality Industry, Hospitality Industry in India, Hospitality Industry Jobs, Hospitality Industry News, Hospitality Industry Job Vacancies, Hospitality Industry current News, Hotel Industry, Hotel Industry News, Hotel Industry Jobs, Hotel Industry Business In India, Hotel Industry Job Vacancies, Hotel Industry News, ITC hotels, ITC hotels News, News of ITC Hotels, ITC Grand Bharat, Fortune Hotels, Welcome Heritage Hotels, My Fortune Hotels, Delhi hotel News, Gurgaon Hotel News, Luxury hotels, Luxury hotel News, Luxury hotels in India, Luxury Hotels News in India,

Hotel News: Luxury brand ITC Hotels to Invest 9000 crore to have a portfolio of 150 Properties

Launched in 1975, India’s top most luxury hotel chain ITC Hotels is on the way to have a portfolio of 150 hotels within four years of time down the line. The group’s brands are explored into: WelcomHotels which offer five-star hospitality for the discerning business and leisure traveller, Fortune Hotels operates mid-market to upscale properties and WelcomHeritage brings together a chain of palaces, forts, havelis and resorts that offer a unique experience.
This ambitious plan is budgeted of 9000 crore. At this point they operate 102 hotels, but they are looking for 150 hotels in the next three to four years, of which 33 hotels will be under the managed Fortune hotels brand,” .
Their last year’s launch brand My Fortune will have six fully-owned hotels across Coimbatore, Guntur (a major tobacco district), Bhubaneswar, Srinagar, Kathmandu and another undecided location.”
The are on the process of launchinganother five other hotels — in Mahabalipuram, Kolkata, Ahmedabad, Hyderabad and Colombo — by 2018.
After Modi’s take over as the Prime Minister, India’s hotel industry is looking forward for positivity of FDI, which will create more travel business, since the present scenario is sluggish.
Recently they added ITC Grand Bharat, India’s first all-suite one-of-a-kind destination luxury resort in Gurgaon, is an epitome of fine living and fine dining. It symbolises the concept of ‘Bharatvarsh’, encompasses the essence of India and brings to life myriad facets of the great nation through its architecture, interiors, services, cuisine, decor, and ambience.

HospitalityriseHotel News: Luxury brand ITC Hotels to Invest 9000 crore to have a portfolio of 150 Properties


Leave a Comment