ITC Hotels Chairman Addresses 3rd AGM, Highlights 50 Years & India's Tourism Potential
At the 3rd Annual General Meeting of ITC Hotels Ltd., Chairman Shri Sanjiv Puri celebrated the company's 50th anniversary, emphasizing its 'Responsible Luxury' philosophy and its role in shaping iconic hospitality. He highlighted India's burgeoning tourism sector, driven by infrastructure development, a young population, and a surge in domestic tourism (over 4 billion visits). The Chairman outlined key growth drivers like 'Wed In India', 'Soul Trails', 'Heal in India', and the 'Eventscape economy'. For the year under review, ITC Hotels reported a 19% growth in Total Income to over ₹34,331 crore and a 29% increase in PAT. The company continues to expand its 'Asset-Right' strategy, with a pipeline of 78 hotels and over 8,000 keys, aiming for 250 hotels and over 22,000 keys in five years. ITC Hotels also boasts the world's largest portfolio of LEED® Platinum-certified hotels and has received numerous sustainability and hospitality awards.
Key Highlights
- ITC Hotels celebrates 50 years of hospitality, focusing on 'Responsible Luxury'.
- India's tourism sector is a strategic growth engine, with domestic visits exceeding 4 billion.
- Company achieved 19% Total Income growth to over ₹34,331 crore and 29% PAT growth.
- Asset-Right strategy targets 250 hotels and over 22,000 keys in five years.
- Leading portfolio in LEED® Platinum, LEED® Zero Water, and LEED® Zero Carbon certifications.
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