Reported by Economic Times Markets, not nibnow. We are not the publisher of this story, only the source is.
No additional analysis available for this story yet.
ITC Hotels reported strong second-quarter growth, with revenue rising 26% and net profit increasing 52% year on year, supported by higher room rates, occupancy and demand from business events. The company also expanded its portfolio through new hotel signings, the Welcomhotel Ahmedabad acquisition and a land allotment in Lucknow.