Published On:July 31 2014
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ITC to add 3,000 rooms in next 2-3 years.
ITC Ltd. is likely to add 3,000 rooms in eight new hotels over the next two to three years.
ITC is the second biggest hospitality chain in the country with 100 hotels in 70 locations.
According to N Anand, Director, ITC Ltd., at least eight hotels - that include owned and managed properties - are currently under construction.
'Another 15-18 projects are at the drawing board stage,' he told reporters during a press conference after the company's annual shareholder meeting in Kolkata. The company's first overseas hotel will come up in Colombo in Sri Lanka. 'We are looking to start construction soon in Sri Lanka. However, we have not yet taken a call on investment,' Anand said.