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What is Itc Hotels about?
ITC Hotels reported a steady performance with a 9% growth in Average Room Rate (ARR) and a 13% increase in Revenue Per Available Room (RevPAR) year-over-year for the consolidated portfolio. The company secured a new luxury hotel project in New Delhi, strengthening its owned portfolio pipeline, and expects an 11% revenue and 14% EBITDA CAGR from FY25 to FY28. The recommendation remains
- Author
- SoumyaAnandSingh
- Language
- EN