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October 09, 2015 6:34 PM ET

Hotels, Restaurants and Leisure

Company Overview of ITC Hotels Limited

Company Overview

ITC Hotels Limited operates a chain of hotels in India. It offers palaces, resorts, forts, deluxe rooms, presidential villas, suites, golf courses, spa and wellness centers, indoor and outdoor recreational facilities, various cuisines, and other facilities. The company was incorporated in 1972 and is based in Gurgaon, India. ITC Hotels Limited operates as a subsidiary of ITC Limited.

ITC Green Centre

10, Institutional Area

Sector 32

Gurgaon,  122001


Founded in 1972


91 12 4417 1717


91 12 4417 2222

Key Executives for ITC Hotels Limited

Managing Director and Division Chief Executive (Hd)
Age: 58
Chairman of Itc Ltd and Chief Executive Officer of Itc Ltd
Age: 68
Chief Executive of Foods Division
Age: 65
Chief Executive of SBU of Matches
Age: 54
Chief Executive of SBU of Agarbattis
Age: 56
Compensation as of Fiscal Year 2015.

ITC Hotels Limited Key Developments

ITC Reportedly Eyeing Advani Hotels’ Ramada Caravela Beach

ITC Hotels Ltd. plans to buy Advani Hotels & Resorts (India) Limited’s (BSE:523269) property in Goa. ITC Ltd is reportedly planning to acquire the Ramada Caravela Beach. The report stated that Resort from Advani Hotels & Resorts is likely to cost INR 7 billion. According to the news report, ITC stated that “As a policy we refrain from commenting on speculation related to the future plans of the organization.”

ITC Hotels Opens the WelcomHotel Bella Vista

ITC Hotels expanded its bouquet of premium hotels with the opening of the WelcomHotel Bella Vista, Panchkula- Chandigarh. The new 49-room boutique hotel will be managed by ITC Hotels under the chain's 'WelcomHotel' brand. Located in the heart of the tri-city of Chandigarh, Panchkula and Mohali, the hotel is just 10 kms from the Chandigarh airport and easily accessible from the business districts. The hotel's 49 elegantly appointed rooms and suites, each with a private swimming pool, are equipped with a range of modern facilities, designed to provide space and comfort to the discerning traveller. The hotel also has 2 signature food & beverage offerings.

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