ITC Hotels Aims for 220+ Properties, 20,000 Keys by 2030

ITC Hotels Ltd, now an independent entity following its January 2025 demerger, has set ambitious expansion targets: operating over 220 properties with more than 20,000 keys by 2030. As highlighted in its 2024–25 annual report, the chain is ramping up its asset-light strategy 70% of its rooms will be under management or franchise contracts, to fast-track growth while minimizing capital expenditure.

Over the past two years, ITC added 30 properties across India and Nepal, 29 of which follow the management-franchise model. It plans to leverage its strong brand and operational expertise to forge partnerships with asset owners, focusing on brownfield developments, especially in tier‑2 and tier‑3 markets.

Currently, ITC Hotels comprises around 140 properties and 13,300 (–13,400) rooms across six sub-brands, ranging from luxury to heritage, such as ITC Hotels, Welcomhotel, Storii and Fortune. The policy’s success so far is reflected in its record Q1 FY26: a 20% revenue jump, robust occupancy and strong RevPAR growth. By 2030, ITC intends to set benchmarks in sustainable luxury, scale and asset-right expansion.