The proposed demerger of the hotels division of ITC into a separate entity will not affect synergies with other business lines of the conglomerate, according to analysts. The board of ITC on Monday accorded in-principle approval to demerge its hotels business into a new entity to be listed pursuant to a scheme of arrangement.
The room views are breathtaking. Sixty-two well-appointed guest rooms and suites with balconies and private sit-outs, as well as multiple open areas with enchanting views of the Kosi river and lush green hills bring natural splendour up and close. While you wake up to the sweet notes of chirping birds with picture-perfect backdrops and unobstructed views, the hotel interiors feature a contemporary take on design aesthetics providing for a luxury escapade in the wilderness.Spea
Read more about ITC to expand Welcomhotel brand to 25 hotels even amid pandemic on Business Standard. Amid Covid pandemic and slump in the hospitality industry owing to lockdown and restrictions, ITC Hotels is optimistic about domestic tourism, planning to increase number of properties in Welcomhotel.