NEW DELHI: Indian hospitality biggie — ITC Resorts — is ready to have properties overseas, after Taj and Oberoi. The chain will probably be making its worldwide debut with ITC Ratnadipa in Colombo. ITC Resorts, which can quickly be hived off from the mother or father firm, plans to have a number of lodges in locations close to India.
Its “asset proper” technique of getting a much bigger administration portfolio has helped it open 24 properties within the final 24 months.The 2 brans launched throughout Covid — Storii and Mementos — are seeing speedy development. Jaipur, for example, will get a second luxurious Mementos by the tip of this month. Whereas the chain has made important inroads within the North, it’s now rising its presence within the south. And overseas too.
On Monday ITC Resorts introduced the signing of a administration settlement with Narne Resorts and Resorts to launch a 150-key Welcomhotel at Madikeri in Kodagu district (previously Coorg) in Karnataka.
ITC Resorts divisional chief government Anil Chadha mentioned relating to the most recent signing: “Madikeri is a crucial marketplace for ITC Resorts. Over current years, this area has grown in recognition and we noticed a distinct segment house for leisure journey.… With this signing ITC’s Resort group additional strengthens its presence in Karnataka, the place we presently function 11 lodges and over 1,300 rooms underneath numerous manufacturers together with ITC Resorts, Welcomhotel, Fortune and Welcomheritage.”



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