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ITC Hotels acquires Welcomhotel in Ahmedabad
PRIVATEJul 29, 2026•11 days ago
Acquiring Company
ITC Hotels
Acquired Company
Welcomhotel
GurgaonAhmedabadHospitalityLeisureHotelTravel
Description
ITC Hotels is set to acquire Welcomhotel, currently operated under an agreement. This acquisition will enhance ITC Hotels' asset portfolio in Ahmedabad. It aims to broaden its presence across various hospitality segments. The deal is part of the strategic growth plan in a rapidly developing market.
Company Information
Company
ITC Hotels
Location
Gurgaon, Haryana, India
About
ITC Hotels is a prominent player in the Indian hospitality industry, committed to providing high-quality hotel services. The company currently operates over 145 hotels and aims to expand its portfolio to 220 hotels by 2030. ITC Hotels emphasizes luxurious and personalized experiences, catering to both domestic and international travelers. With the launch of its new premium brand, the Epiq Collection, ITC Hotels is set to capitalize on the growing demand for high-end accommodations.
Gurgaon