ITC Hotels Limited has announced the signing of two new managed hotels under its Welcomhotel by ITC Hotels brand, further expanding its footprint in Andhra Pradesh and Telangana. The agreements were inked with DSR Hospitality Services for properties in Hyderabad and Nellore.

The upcoming Welcomhotel by ITC Hotels Hyderabad Panjagutta will feature 117 rooms and over 800 square metres of meeting and event space. The Welcomhotel by ITC Hotels Nellore will offer 127 rooms and more than 2,600 square metres of meeting space. Both hotels are designed to cater to business and leisure travellers, complementing regional tourism and corporate demand in their respective cities.

These signings reflect ITC Hotels’ asset-right expansion strategy, which focuses on scaling the Welcomhotel brand through management contracts with experienced hospitality developers. This approach ensures faster brand visibility across key markets while maintaining the operational standards associated with ITC Hotels.

Commenting on the development, Anil Chadha, Managing Director, ITC Hotels Limited, said:

“We are happy to be associated with DSR Hospitality Services for the Welcomhotel in Hyderabad and Nellore. This is a testament to our vision to pursue strategic growth into new cities and further strengthen ITC Hotels’ presence across India.”

D Sudhakar Reddy, Managing Partner, DSR Hospitality Services, added:

“We are delighted to announce our alliance with ITC Hotels for the development of our upcoming properties in Hyderabad and Nellore under the Welcomhotel brand.”

Partners D Prabhakar Reddy and D Raghurami Reddy stated:

“Both these projects hold significant importance for DSR Hospitality, and we look forward to a successful collaboration with ITC Hotels in bringing their distinctive hospitality and renowned F&B experiences to these key markets. With deep cultural and business roots in Hyderabad and Nellore, we are committed to contributing to the region’s growth through world-class developments.”

The two signings reaffirm ITC Hotels’ commitment to expanding across India, strengthening its presence in the southern hospitality market with premium offerings under the Welcomhotel brand.