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ITC to pursue "asset-right" strategy in its hotel business

8 Sep 2022 , 12:09 PM

ITC Ltd. would follow an “asset-right” strategy for its hotel division to guarantee that the diverse company remains competitive and current while delivering excellent performance.
The multi-conglomerate located in Kolkata, which operates hotels under brand names such as ITC and Welcome, also stated that it is looking into global markets for its hospitality industry.
The tourism and hotel industry is recovering from the epidemic, and the corporation will move forward with the demerger process and investigate other structures.
ITC’s hotel company mixes India’s famed legacy of hospitality and warmth with globally benchmarked facilities and services, with over 100 hotels in 70 countries across six distinct brands.

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