Tag: The Zuri Kumarakom
HOSPITALITY ITC Hotels To Acquire 130-Key Welcomhotel Ahmedabad For ₹155 Cr

ITC Hotels Ltd has signed a definitive agreement to acquire 100% stake in GHK Hospitality and Infrastructures Ltd (GHK), which owns the 130-key Welcomhotel Ahmedabad. The acquisition will be completed at an enterprise value of ₹155 crore on a debt-free and cash-free basis through a combination of primary subscription and secondary purchase of GHK’s equity […]

CW Bureau · Jul 16, 2026
HOSPITALITY ITC Hotels Accelerates Asset-Right Strategy To Have 250 Hotels By 2031

ITC Hotels Ltd is pursuing an asset-right strategy to expand its portfolio to 250 operational hotels with more than 22,000 keys by 2031, amid rising domestic and global demand for hospitality services. The hospitality major said it would continue partnering with asset owners to strengthen its footprint across Tier II and Tier III cities, supported […]

CW Bureau · May 15, 2026