Media Report

 

ITC Hotels targets 250 properties, over 22,000 keys in next five years: Chairman


ITC Hotels aims to expand its operating portfolio to 250 properties with over 22,000 keys in the next five years, supported by a strong contracts pipeline, Chairman Sanjiv Puri said on 6th August 2026.

 

Addressing the company's Annual General Meeting (AGM), Puri said the hospitality major will continue to pursue an asset-right growth strategy while investing in new properties and expanding its footprint through management contracts and acquisitions.

 

“In line with our asset-right strategy, we will continue to invest in promising opportunities while pursuing management contracts that are aligned to our strategic vision and business objectives. A pipeline of 78 hotels with over 8,000 keys supports our ambition to scale the operating portfolio to 250 hotels and over 22,000 keys over the next five years," he said.