ITC Hotels Ltd made its debut as an independent entity on January 29. However, within weeks of listing, the stock declined by ...
Jefferies has estimated ITC Hotels share price target at Rs 240 in their base case, Rs 280 in bull case, and Rs 140 in bear ...
Demerger of reputed conglomerate ITC’s hotel business into ITCHL provides a good option to own a pure play hotel business. With more than a century of operations, ITCHL has built a robust brand ...
Jefferies initiated coverage on ITC Hotels (ITCH) with a ‘buy rating and a target price of Rs 240, citing strong growth potential. It projects a 16%/19% CAGR in EBITDA/PAT over FY24-FY27e and expects ...
ITC Hotels Ltd has a portfolio through six brands -- ITC Hotels and Mementos in the luxury space, Welcomhotel in upper upscale, Storii in boutique premium experiential segment, Fortune in midscale ...
The hotel arm of ITC group dropped 5.6% intraday to hit its lowest level of ₹160.30 after BAT unveiled plan to exit the ...
Despite the near-term stock correction, analysts remain optimistic about ITC Hotels' long-term growth. The parent ITC Ltd. continues to provide brand support and corporate governance, which should ...
ITC Hotels is currently operating around 140 hotels ... ITC is responsible for renovation and operations, while lending its brand value to the asset owners. With a focus on asset-light expansion ...
This partnership continued until 2015, when the hotel was rebranded Crowne Plaza Chennai Adyar Park. ITC said it did not raise concerns about the restaurant’s operations as the brand had gained ...
ITC Hotels plans to expand its portfolio to over 200 properties with more than 18,000 keys by 2030. Currently it has 140 properties and manages a total of 13,000 keys. There are 6 brands that ...
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