ITC Hotels reported a strong Q4 for March 2025 with a net profit of ₹264 crore, marking a 44% YoY growth. Total income rose to ₹1,016.66 crore, reflecting a 17% increase. The company plans significant expansions, including a new hotel in Visakhapatnam by 2029.
3 min read15 May 2025Indian Hotels will invest ₹1,200 crore in FY26, aiming for growth through asset upgrades and new projects, particularly in the Taj Hotels brand. FY25 results included a 53% net profit surge and a 23% revenue increase.
2 min read5 May 2025Marriott International aims to increase the number of hotel rooms to 50,000 in India, from about 30,000 it currently operates, in about five years, as the US-based hospitality company is upbeat on rising prosperity and booming domestic tourism in Asia's third-largest economy.
4 min read8 Apr 2025ITC Hotels share price: The hotel stock has risen 15 per cent in the last five sessions, in line with bulls gripping Nifty 50 and Sensex. The benchmarks zoomed over four per cent, logging their biggest weekly rise in four years.
6 min read22 Mar 2025ITC Hotels shares fell over 3% on February 14 after British American Tobacco Plc announced plans to reduce its stake in the hotel business by next year.
1 min read14 Feb 2025Jefferies has initiated coverage on ITC Hotels with a 'Buy' rating and a target price of ₹240, anticipating a 40% upside. The hotel chain is expected to benefit from a recovery in the hospitality sector, with projected revenue growth driven by strategic management and expansion plans.
4 min read12 Feb 2025Hotel chains are experiencing a surge in demand, leading to strong financial results for the quarter ending 31 December. Companies such as Lemon Tree Hotels reported notable revenue increases, supported by rising Average Room Rates and stable occupancy across major cities.
4 min read5 Feb 2025ITC Hotels shares were temporarily included in the Sensex and other indices for portfolio rebalancing by passive funds. ITC Hotels stock was listed on Indian stock exchanges on January 29.
2 min read5 Feb 2025After a turbulent listing, ITC Hotels wins back investor confidence as shares surge over 1%. Does a solid balance sheet, strategic expansion plans, and a luxury-driven portfolio promise long-term success?
5 min read30 Jan 2025ITC Hotels shares fell by 5% on their second trading day, opening at ₹169.70 after debuting at ₹188. The stock faced a significant decline, closing lower on both BSE and NSE following the demerger of ITC's hotel operations.
3 min read30 Jan 2025The Union Budget contains details about the estimated receipts and the expenditure of the government for a particular fiscal year. The Budget is allotted for the upcoming fiscal year, which runs from 1st April to 31st March of the next year. Here is a quick guide on how the Union Budget is prepared