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ITC Hotels is an Indian hospitality company that operates and manages hotels. It has over 100 hotels and is India's third largest hotel chain. It has a franchise agreement to operate most of its hotels as part of The Luxury Collection of Marriott International. It is a subsidiary of ITC Limited.
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The hotel industry in India is poised for continued strong growth, with CareEdge Ratings forecasting a 9-11% year-over-year increase in revenue for hotels in FY25. This comes after an estimated 12-14% growth in RevPAR (revenue per available room) in FY24, driven by robust demand outpacing supply. [11]
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The Institute of Hotel Management, Catering Technology and Applied Nutrition (IHMCT&AN), generally known as the Institute of Hotel Management (IHM), is a multi-location public hospitality school in India. IHM is established by the Ministry of Tourism of the Government of India. It is also under the jurisdiction of the Ministry of Tourism.
Built in 1962, the hotel consisted of two 15-floor towers, 6-storey atrium, a Chinese restaurant and 90,000 square feet (8,400 m 2) of convention space. Renovations took place in 2001. Once a popular hotel and convention venue, the hotel closed due to declining business and other setbacks, culminating with the SARS crisis.