ITC Hotels , a leading player in India's hospitality sector, has announced an ambitious expansion plan aimed at significantly growing its portfolio by 2030. The company's strategy includes the launch of a new brand and entry into new markets, underlining its commitment to growth in the premium hospitality segment.

Expansion Targets

ITC Hotels has set its sights on expanding to over 220 hotels with more than 5,900 rooms by 2030. This growth plan represents a substantial increase from the company's current operating footprint of 145+ hotels with approximately 13,600 keys.

New Brand Launch: Epiq Collection

A key component of ITC Hotels' expansion strategy is the introduction of a new premium brand, 'Epiq Collection – Member ITC Hotels' Group'. This addition to the company's portfolio is designed to accelerate its premiumization journey, focusing on high-quality conversions and new builds in both business and leisure destinations.

The company aims to add about 1,000 keys under the Epiq Collection brand over the medium term. The initial Epiq Collection projects are already under development in culturally rich destinations:

• Epiq Collection Puri: A company-owned hotel with 118 rooms
• Epiq Collection Tirupati: A managed hotel with 201 rooms

Both properties are expected to open and join the CLUB ITC rewards program within the next two years.

Accelerated Growth in First Half of FY26

ITC Hotels has demonstrated strong momentum in its expansion efforts:

• 15 new properties were added in the first half of FY26
• The company is entering new markets as part of its growth strategy

Asset-Right Strategy

ITC Hotels is pursuing a capital-efficient growth model through its 'Asset-Right' strategy. This approach involves:

• Strong partnerships
• Focus on operational excellence
• Growing presence in Tier 2 and 3 cities where demand for premium hospitality is rising

Market Position

The company's expansion plans are backed by its strong market position:

• ITC Hotels commands a 40% RevPAR (Revenue Per Available Room) premium over the industry
• The company has shown robust performance across various revenue streams

Outlook

With its strategic expansion plans, new brand launch, and focus on premium offerings, ITC Hotels is well-positioned to capitalize on the growing demand in India's hospitality sector. The company's multi-pronged approach, combining owned and managed properties across various segments, demonstrates its commitment to long-term growth and market leadership in the Indian hospitality industry.

As ITC Hotels continues to execute its expansion strategy, it is poised to strengthen its presence across India, offering diverse hospitality experiences to a growing customer base.

ITC Hotels , a leading player in the Indian hospitality sector, has announced strong financial results for the second quarter. The company's performance showcases significant growth across key financial metrics, indicating a robust recovery in the hospitality industry.

Financial Highlights

ITC Hotels delivered impressive results for Q2, with substantial improvements in revenue, profitability, and operational efficiency. Here's a breakdown of the key financial metrics:

The company's net profit saw a remarkable increase of 75%, rising to 1.33 billion rupees from 0.76 billion rupees in the same quarter of the previous year. This substantial growth in profitability underscores the company's effective cost management and operational efficiency.

Revenue for the quarter stood at 8.40 billion rupees, representing an 8.1% increase from 7.77 billion rupees in the corresponding period last year. This growth in revenue indicates a strong recovery in the hospitality sector and increased demand for ITC Hotels' services.

Operational Performance

ITC Hotels also demonstrated improved operational efficiency, with EBITDA (Earnings Before Interest, Taxes, Depreciation, and Amortization) growing to 2.50 billion rupees, up from 2.20 billion rupees in the previous year. This represents a solid 13.6% increase in EBITDA.

The EBITDA margin expanded by 190 basis points, reaching 29.7% compared to 27.8% in the same quarter last year. This margin improvement reflects the company's ability to enhance profitability while managing costs effectively.

Conclusion

ITC Hotels' Q2 results demonstrate a robust performance with substantial growth in net profit, revenue, and operational efficiency. The company's ability to significantly improve its bottom line while expanding its top line suggests a well-executed strategy in a recovering market. As the hospitality sector continues to rebound, ITC Hotels appears to be in a strong position to leverage growth opportunities and maintain its upward trajectory.