ITC Hotels on the Rise: Targeting 18,000 Keys in Five Years

ITC Hotels on the Rise: Targeting 18,000 Keys in Five Years

By Author

Published on December 21, 2023

ITC Hotels, a major player in India’s hospitality sector, has unveiled an ambitious plan to significantly expand its room inventory over the next five years. As per the recent report by Business Standard, the conglomerate aims to boost its hotel room count by 50%, targeting a total of 200 hotels with 18,000 keys by 2028.

Currently, ITC Hotels boasts a portfolio of 12,000 rooms across 131 hotels in 80 destinations. This growth trajectory is part of the company's strategic focus, announced during its institutional investors and financial analysts event on December 12.

A noteworthy aspect of this expansion is the emphasis on managed hotels. Two-thirds of the new inventory is expected to fall under the managed portfolio, a significant increase from the current 50%. ITC has a pipeline of 35 managed hotels with over 3,200 keys in the works.

image

This expansion also includes a shift in the premium segment of the company’s offerings. Over the next five years, premium hotel keys are projected to comprise 45% of the total managed portfolio, up from the current 30%.

Additionally, ITC is exploring greenfield and brownfield projects to add around 300 rooms. In the past 24 months, the company has opened 22 hotels, capitalizing on the post-pandemic boom in the hospitality sector. With foreign tourist numbers still 85% below pre-pandemic levels, ITC anticipates a significant surge in demand.

The company's hotel segment reported record-high performance in the second quarter of this financial year, with revenues and pre-tax profits witnessing a substantial increase.

Under its Next strategy, ITC is focusing on scaling up and increasing profitability across its business verticals, with plans for innovation, exports, and acquisitions. The hotel brand profile of ITC includes luxury, upper upscale, boutique, mid and upscale, and heritage categories.

Furthermore, a demerger of the ITC Hotels Co. is on the horizon, with the board of directors approving a scheme of arrangement for the demerger of the hotel business. The new entity is expected to be listed within 15 months and will continue to use the ITC brand name.

In addition to hotel expansion, the company is also scaling up its food and beverage business, with new restaurant openings reported by ndtvprofit.com.


Kairali Ayurvedic Group Launches Villa Raag, a Yoga-Inspired Ultra-Luxury Retreat in South Goa

Kairali Ayurvedic Group Launches Villa Raag, a Yoga-Inspired Ultra-Luxury Retreat in South Goa

By Hariharan U

Published on May 19, 2026

Kairali Ayurvedic Group has announced its entry into ultra-luxury hospitality with the launch of Villa Raag by Kairali, a yoga-inspired beachfront boutique retreat located at Agonda Beach in South Goa.

Designed as a private sanctuary for global travellers, the property blends Ayurvedic wellness philosophy with contemporary luxury living, offering an experience focused on privacy, mindfulness, and personalised healing. Spread across two acres, the retreat features just six elegantly designed rooms within a single exclusive beachfront villa.

The property offers a curated luxury experience with private butler and concierge services, direct beachfront access, yoga and meditation spaces overlooking the sea, a temperature-controlled saltwater pool, Zen gardens, a rooftop meditation pavilion, and a gourmet in-house kitchen. 

According to Abhilash K Ramesh, Executive Director of Kairali Ayurvedic Group, Villa Raag is designed to deliver a five-star wellness experience where nature, comfort, and refined living come together seamlessly. He described the property as a sanctuary that blends serenity, exclusivity, and personalised hospitality, with a strong focus on privacy and experiential luxury.

The architectural vision of Villa Raag has been crafted by Kochi-based Durga Sarath Architects, bringing together coastal design, natural landscapes, and wellness-centric spatial planning to create a quiet, immersive environment for guests.

Each villa room features bespoke interiors, premium amenities, and private terraces overlooking the Arabian Sea, ensuring a highly personalised and secluded stay experience tailored for individuals, couples, families, and small groups.

The retreat places a strong emphasis on customised wellness journeys rather than structured group programs. Guests can access one-on-one yoga sessions, meditation guidance, and holistic healing programmes designed around individual needs, fitness levels, and wellness goals.

Future offerings at Villa Raag are expected to include curated wellness experiences such as Hatha and Vinyasa yoga, restorative therapies, mindful nutrition workshops, and transformational wellness programmes like Mind Renewal, Joint Revival, and Metabolic Reset.

Located in the Canacona region, Agonda Beach has increasingly emerged as a preferred destination for wellness travellers and slow tourism seekers, known for its tranquil coastline and growing reputation as a luxury wellness hub.

With over a century of Ayurvedic heritage, Kairali Ayurvedic Group brings its legacy into the hospitality space through Villa Raag, expanding beyond its established wellness centres and award-winning healing village in Kerala into experiential luxury retreats.

The launch marks a significant step in redefining Goa’s hospitality landscape by positioning wellness, Ayurveda, and slow living at the centre of luxury travel experiences.


Sayaji Hotels Expands Presence with Effotel by Sayaji, Gangtok

Sayaji Hotels Expands Presence with Effotel by Sayaji, Gangtok

By Hariharan U

Published on May 18, 2026

Sayaji Hotels has announced the launch of Effotel by Sayaji, Gangtok, marking the brand’s entry into Gangtok, one of India’s most sought-after hill destinations.

Located in the peaceful neighbourhood of Tathangchen near the iconic Ridge Park, the hotel brings a refined and contemporary stay experience to the city known for its mist-covered mountains, monasteries, scenic valleys, and vibrant local culture.

Situated at an altitude of approximately 1,650 metres, Gangtok is widely recognised for its panoramic views of Mount Kanchenjunga, the world’s third-highest peak. The city blends natural beauty with urban energy, attracting both leisure and experiential travellers throughout the year.

Strategically positioned close to Ridge Park and within easy reach of MG Marg, the city’s bustling pedestrian boulevard, Effotel by Sayaji offers guests convenient access to Gangtok’s cultural and social hotspots. Ridge Park, lined with Himalayan flora and scenic pathways, remains one of the city’s most visited attractions for both tourists and locals.

Designed for modern travellers, the property features 32 rooms across categories including Deluxe King, Deluxe Twin, and Suite accommodations. The interiors combine clean contemporary aesthetics with functional comfort, catering to both business and leisure guests.

The hotel also houses The Cube, an all-day dining restaurant serving a multi-cuisine menu in a relaxed setting designed for travellers looking to unwind after exploring the region.

Speaking on the launch, Rajendra Joshi said, “We are delighted to bring the Effotel by Sayaji experience to Gangtok, a destination that continues to grow in prominence among both leisure and experiential travellers. With this launch, we aim to offer a smart, comfortable, and well-connected stay option that complements the city’s unique blend of natural beauty and cultural richness. Gangtok represents an exciting addition to our expanding footprint in emerging leisure markets across India.”

Sharing his views on the opening, Sangay Tenzing Norbu added, “We are proud to introduce Effotel by Sayaji to Gangtok, a city that holds immense potential as a year-round travel destination. This hotel has been envisioned as a space that reflects the region's warmth and spirit while delivering the quality and consistency for which Sayaji is known.”

The hotel is conveniently accessible from Bagdogra Airport and New Jalpaiguri Railway Station, making it a well-connected option for travellers visiting Sikkim.

With this addition, Sayaji Hotels continues to strengthen its presence across emerging leisure destinations in India, reinforcing its focus on delivering personalised and contemporary hospitality experiences.


Clarion Hotel Khayal Kochi Wins Indian Hotel of the Year Award

Clarion Hotel Khayal Kochi Wins Indian Hotel of the Year Award

By Hariharan U

Published on May 14, 2026

Clarion Hotel Khayal Kochi has earned a major international recognition after being awarded the Indian Hotel of the Year by Choice Hotels. The honour was presented during an event held in Las Vegas on 6 May 2026.

The achievement marks an important milestone for the property as well as the SUBA Group of Hotels, under which the hotel operates. The recognition highlights the hotel’s consistent focus on guest experience, hospitality standards, and operational excellence.

Presented under the “Best of Choice” platform, the award celebrates standout properties within the Choice Hotels network that have demonstrated exceptional performance and service quality.

The recognition places Clarion Hotel Khayal Kochi among the top-performing hospitality destinations representing India on a global stage, further strengthening its presence within the international hospitality industry.

Stay up-to-date with the latest Hospitality news and trends in the Hospitality industry!

Subscribe to Hospitality news e-magazine for free and never miss an issue.

By clicking subscribe for free you agree to the Terms & Conditions and acknowledge our Privacy Policy.

Advertise With Us

We have various options to advertise with us including Events, Advertorials, Banners, Mailers, etc.