Indian Tourism

ITC Hotels Expands Luxury Footprint with Acquisition of Zuri Kumarakom Resort

Business News Desk2 days ago02 mins mins

ITC Hotels announced on May 15 that it has entered into definitive agreements to acquire the Zuri Kumarakom Resort & Spa in Kerala for an enterprise value of Rs 205 crore. This acquisition marks the hospitality giant’s first owned resort in the state, signaling a strategic pivot toward capturing the high-growth leisure travel market in…

ITC Hotels Reports 23% Profit Surge and Strategic Expansion Plans

Business News Desk2 days ago03 mins mins

ITC Hotels announced a significant financial performance jump for the fourth quarter of the fiscal year, reporting a 23 percent increase in net profit to ₹317 crore. The hospitality major, which operates as a subsidiary of the ITC conglomerate, confirmed its growth trajectory alongside plans to acquire Zuri Hotels and Resorts, signaling a deliberate expansion…

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ITC Hotels Expands Luxury Footprint with Acquisition of Zuri Kumarakom Resort

ITC Hotels Reports 23% Profit Surge and Strategic Expansion Plans