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 and a strong comprehensive product portfolio. ITCHL has healthy asset light expansion plans and is well placed to ride the industry upcycle. Driving new revenue streams and sweating existing assets would improve the growth as well as return ratios.
first published: Feb 4, 2025 08:00 am
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