ITC Hotels Limited

ITC Hotels Limited is a premier Indian hospitality company, renowned for its luxurious accommodations and diverse offerings that cater to both leisure and business travelers across the country. Founded in 1975 and headquartered in Gurugram, India, ITC Hotels Limited specializes in luxury hospitality, boasting over 150 hotels across 90 destinations. The company has completed 2 deals and recently experienced an EXIT in its latest funding round, generating a total of INR 1970. 000 mn raised.

ITC Hotels Limited operates a diverse portfolio of luxury hospitality offerings, including ITC Hotels, Mementos, EPIQ Collection, Welcomhotel, Fortune Hotels, and WelcomHeritage, each catering to different customer segments. Their services encompass high-end accommodations, gourmet dining experiences, wellness programs, and event hosting for both corporate and social gatherings. Prominent locations include Goa, Jaipur, Agra, and Mumbai, with a strong emphasis on sustainability, as reflected in their LEED Platinum certifications across various properties. ITC Hotels generates revenue through direct bookings and loyalty programs like Club ITC, which offers exclusive incentives for repeat customers.

Their revenue stream includes accommodation fees, dining costs, and wellness services, with pricing strategies tailored for premium offerings and packages for extended stays. Following the acquisition by GQG Partners, ITC Hotels Limited is expected to leverage its resources for expansion into new markets. The company is focusing on launching innovative hospitality products and enhancing its existing services. The recent funding will support these growth initiatives, potentially targeting additional urban areas and tourist destinations within India to further strengthen its market position.