Jefferies noted that ITC Hotels enjoys an industry-leading direct distribution share of over 80 percent, which it aims to further increase. The company has an agreement with Marriott’s Luxury ...
Shares of recently-listed ITC Hotels declined over 3% in intra-day trade on Friday, February 14, after British American Tobacco Plc (BAT), the biggest shareholder after ITC, said it will pare its ...
"Travelers say the resort staff takes extra care to personalize each experience." The one drawback they noted about the ultra luxury Mediterranean-villa-style resort: there are only 98 guest rooms ...
British American Tobacco is planning to divest its holding in the newly spun-off entity ITC Hotels by 2026. (Image: ITC Hotels/website) UK-based British American Tobacco (BAT), the biggest ...
British American Tobacco (BAT) will wait for the ‘right moment’ to divest its stake in ITC Hotels Ltd to maximise shareholders’ value, the company’s CEO said on Thursday. The London-headquartered ...
British American Tobacco (BAT), which has a direct stake of 15 per cent in ITC Hotels, on Thursday said it will be divesting the stake at the “best moment” as it has no interest in becoming ...
Newly spun-off entity ITC Hotels shares traded with gained during the afternoon session on February 12, after international brokerage Jefferies initiated coverage on the stock, seeing 63% upside ...
Jefferies initiated coverage on ITC Hotels (ITCH) with a ‘buy’ rating and a target price of Rs 240, citing strong growth ...
is planning to divest its stake in newly spun-off entity ITC Hotels by 2026. “BAT has no interest in becoming a long-term shareholder of a hotel chain in India. And as a consequence, at the ...
Why not plan a staycation for just the two of you? If you are looking for a resort near Kolkata, you can check out Storii by ITC Hotels, Devasom Resort & Spa on Basanti Highway. While you relax in ...
ITC Hotels is the second listed hotelier, which has an owner/operator model, a net cash balance sheet with diversified brand/geo presence. It is currently ramping up recent greenfield projects and ...