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P a g e s f o r l o g g e d o u t e d i t o r s l e a r n m o r e ● C o n t r i b u t i o n s ● T a l k
( T o p )
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3 R e f e r e n c e s
4 E x t e r n a l l i n k s
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T o o l s
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A c t i o n s
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A p p e a r a n c e
F r o m W i k i p e d i a , t h e f r e e e n c y c l o p e d i a
ITC Hotels is an Indian hotel chain , which is a part of the ITC Limited . With over 100 hotels, it is India's third largest hotel chain. It has a franchise agreement to operate most of its hotels as part of The Luxury Collection of Marriott International .
History [ edit ]
ITC Royal Bengal , Kolkata ITC Kohenur, Hyderabad
ITC Limited entered the hotel business on 18 October 1975 with the opening of a hotel in Chennai , which was renamed as Welcomhotel By ITC Hotels, Cathedral Road, Chennai .[2]
ITC Hotels has hosted many visiting royalty and world leaders, including George W. Bush , Vladimir Putin , and Barack Obama .[3] [4] [5] [6] Donald Trump .[7]
The hotel chain works on a philosophy of "Responsible Luxury"[8] LEED (Leadership in Energy and Environmental Design) Platinum rating.[9]
Originally incorporated as Rama Hotels Pvt Ltd in 1972[10] VST Industries ) bought Vishwarama Hotels in 1980-1981 and soon after, in 1982, the first luxury hotel for the new chain opened in Bangalore .
In 1984, ITC Ltd. bought the entire equity capital from VST. In 1985 the Indian government awarded the Hotel that would later become the ITC Gardenia a five star rating.[11]
In an effort to unlock value and focus on core competencies, ITC Ltd. decided to demerge its hotel business into a separate entity in 2023. The board of ITC Ltd. granted in-principle approval for the demerger under a scheme of arrangement.[12] [13] IPO is expected to take place in 15 months.[14] [15]
The group today operates under several distinct brands:[citation needed
Fortune Hotels , which has 35+ hotels
ITC Hotels , which has 15 hotels
Welcomhotel by ITC Hotels , which has 20+ hotels
WelcomHeritage , which has 50+ hotels
References [ edit ]
^ "President Bush arrives" . Rediff . Retrieved 27 July 2010 .
^ http://infotech.indiatimes.com/articleshow/msid-28103943,prtpage-1.cms [dead link
^ Joseph, Josy (2 October 2000). "Chandragupta ready to host Putin" . Rediff . Retrieved 27 July 2010 .
^ "Obama visit: US wants no-fly zone over ITC Maurya, Taj" . hindustantimes the original on 21 January 2015.
^ "Trump to stay at ITC Maurya's Chanakya Suite; here's how much it costs a night" . 24 February 2020.
^ "Responsible Luxury" . itchotels.in . 16 December 2019.
^ "LEED" . USGBC
^ Rama Hotels Pvt Ltd Zauba Corp
^ Company Facts – ITC Hotels . moneycontrol.com .
^ "Behind ITC's Hotels Demerger" . Business Standard. 25 September 2023.
^ "ITC CMD Sanjiv Puri Exclusive Interview" . CNBC TV18. 26 September 2023.
^ "ITC Hotel Spinoff at 10:1 Ratio, IPO in 15 Months" . Livemint. 26 September 2023.
^ "ITC Hotels Listing Likely in 2024, Company Board to Take Decision on August 14" . Business Today. 5 August 2023.
External links [ edit ]
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R e t r i e v e d f r o m " https://en.wikipedia.org/w/index.php?title=ITC_Hotels&oldid=1225253007 " C a t e g o r i e s : ● H o t e l c h a i n s i n I n d i a ● H o t e l s e s t a b l i s h e d i n 1 9 7 5 ● C o m p a n i e s b a s e d i n K o l k a t a ● 1 9 7 5 e s t a b l i s h m e n t s i n W e s t B e n g a l ● I T C L i m i t e d H i d d e n c a t e g o r i e s : ● A l l a r t i c l e s w i t h d e a d e x t e r n a l l i n k s ● A r t i c l e s w i t h d e a d e x t e r n a l l i n k s f r o m J u l y 2 0 1 0 ● A r t i c l e s w i t h s h o r t d e s c r i p t i o n ● S h o r t d e s c r i p t i o n m a t c h e s W i k i d a t a ● U s e d m y d a t e s f r o m J a n u a r y 2 0 1 8 ● U s e I n d i a n E n g l i s h f r o m J a n u a r y 2 0 1 8 ● A l l W i k i p e d i a a r t i c l e s w r i t t e n i n I n d i a n E n g l i s h ● A r t i c l e s n e e d i n g a d d i t i o n a l r e f e r e n c e s f r o m O c t o b e r 2 0 0 8 ● A l l a r t i c l e s n e e d i n g a d d i t i o n a l r e f e r e n c e s ● A l l a r t i c l e s w i t h u n s o u r c e d s t a t e m e n t s ● A r t i c l e s w i t h u n s o u r c e d s t a t e m e n t s f r o m A p r i l 2 0 2 4 ● O f f i c i a l w e b s i t e d i f f e r e n t i n W i k i d a t a a n d W i k i p e d i a
● T h i s p a g e w a s l a s t e d i t e d o n 2 3 M a y 2 0 2 4 , a t 0 8 : 4 8 ( U T C ) . ● T e x t i s a v a i l a b l e u n d e r t h e C r e a t i v e C o m m o n s A t t r i b u t i o n - S h a r e A l i k e L i c e n s e 4 . 0 ;
a d d i t i o n a l t e r m s m a y a p p l y . B y u s i n g t h i s s i t e , y o u a g r e e t o t h e T e r m s o f U s e a n d P r i v a c y P o l i c y . W i k i p e d i a ® i s a r e g i s t e r e d t r a d e m a r k o f t h e W i k i m e d i a F o u n d a t i o n , I n c . , a n o n - p r o f i t o r g a n i z a t i o n . ● P r i v a c y p o l i c y ● A b o u t W i k i p e d i a ● D i s c l a i m e r s ● C o n t a c t W i k i p e d i a ● C o d e o f C o n d u c t ● D e v e l o p e r s ● S t a t i s t i c s ● C o o k i e s t a t e m e n t ● M o b i l e v i e w
₹3,103 crore (US$370 million) (2024) [1]
