Despite a seasonally soft quarter impacted by heavy monsoons and fewer wedding dates, ITC Hotels delivered a resilient performance powered by its ‘Asset-Right’ strategy, operational excellence, and strong brand equity. Here’s a gist of the media statement released by the company:
Performance figures:
- Room Revenue growth was driven by robust performance in the Retail, Corporate and MICE segments.
- The ADRs for the quarter grew by 6% and Occupancy expanded by 254 bps, resulting in overall standalone RevPAR growth of 9%.
- The consolidated RevPAR of the Company registered a double-digit growth of 11% during the quarter over last year.
- Despite headwinds, the Company commanded a 40% RevPAR premium over the Industry, reflecting the strength of its superior product and service.
- Food & Beverage (F&B) Revenue grew 5% on a high base (2-year CAGR 10%) driven by outlets and banqueting. The Business continued to delight its guests through innovative culinary offerings and strategic refresh of F&B outlets.
- Consolidated Revenue from Operations at ₹ 839 cr. up 8%, EBITDA at ₹ 246 cr. up 16%, and PAT at ₹ 133 cr. up 74%
- EBITDA up 22% on a comparable basis
- Growth pipeline expands to ~5900 keys with over 60 hotels
The Company successfully re-launched Edo at ITC Gardenia with a vibrant concept and refreshed look. The wedding segment revenue was relatively lower on account of fewer auspicious dates in the quarter.
EBITDA margin for the Quarter stood at 31% and expanded by 215 bps on a comparable basis, driven by growth in Room and F&B revenue, higher management fees, structural cost interventions, and operating leverage.
Launch of the New Premium Brand – Epiq Collection
ITC Hotels launched its premium Epiq Collection brand, marking a strategic push in hotel premiumization. Debuting in culturally rich Puri (118-room owned hotel) and Tirupati (201-room managed hotel), both properties will join the Club ITC rewards programme within two years.
With this new brand launch, ITC Hotels aims to add about 1,000 keys under Epiq Collection over the medium term, reinforcing its commitment to offering elevated hospitality experiences across India.
Expanding Footprint and Asset-Right Growth
ITC Hotels, following its ‘Asset-Right’ strategy, drives capital-efficient growth and expands in Tier 2–3 cities. With 146 operational hotels and 61 in the pipeline, new signings in Patna, Hyderabad, Tirupati, Wayanad, Nellore, and Mantralayam strengthen its presence in high-potential markets.
In H1 FY25–26, ITC Hotels signed 15 hotels (≈1,500 keys) and opened 4 new properties adding 281 keys. The Company entered Kerala with Fortune Kochi, with future openings in Wayanad (Storii) and Kakkanad (Fortune), and launched Welcomhotel Bodh Gaya in Bihar, alongside a luxury hotel signing in Patna. With strong owner interest and a robust brownfield pipeline, ITC is positioned for sustained growth, while greenfield projects in Puri, Vishakhapatnam, and Bhubaneshwar expand its owned portfolio.
International Expansion and Sustainability Leadership
ITC Hotels’ first international property, ITC Ratnadipa in Colombo, continues to lead in RevPAR and turned EBITDA positive. With Sri Lanka’s tourism rebounding—1.73 million foreign arrivals in Jan – Sep 2025 – growth prospects remain strong. Domestically, ITC Grand Chola, Chennai, ranked #1 among Top 10 Sustainable Hotels, and ITC Maurya, Delhi, became the world’s first BRI-verified building with an AA+ rating.
ITC Hotels, a global sustainability leader, holds 23 LEED Platinum® certifications; the highest worldwide; and operates the first 12 LEED® Zero Carbon and 9 LEED® Zero Water certified hotels. Upholding its Responsible Luxury ethos, the Company commissioned a 3.3 MW windmill in Gujarat, increasing renewable energy usage and advancing its net-zero carbon goals.
Reimagined Loyalty Programme – Club ITC
ITC Hotels launched its revamped Club ITC loyalty programme, featuring a tier-based earning system, upgraded digital interface, and milestone-based rewards, seamlessly integrated with the Culinaire programme to enhance member experiences.
