News for 'ITC Welcomgroup'

ITC's branding coup

ITC to host top Starwood line

The 10 ITC Hotels branded as Sheraton at present were expected to be re-branded as Luxury Collection soon, sources in the know said.

Hotels go in for 'she' change

ITC Welcomgroup, The Leela and The Lalit are among those that ensure all touch-points for women travelling alone will be -- no prizes for guessing this -- ladies.

In non-cigarettes push, how ITC built more than 25 FMCG mother brands

A young couple sharing a laugh - in the living room over a Polish joke book, on the beach, in the rain - with the tagline, "Made for each other", hung from billboards at prominent street corners from the 1960s to the 1990s. It was a campaign for one of the largest selling cigarette brands in India, Wills (Navy Cut) from the ITC stable, that resonated with a generation of smokers and non-smokers alike till the curtains came down on tobacco advertising in 2004. As we prepare to welcome 2024, ITC has metamorphosed from a tobacco giant into a conglomerate straddling multiple large-sized businesses. In the mind space of Gen Z or millennials, the company represents a gamut of branded products - from frozen food (ITC Master Chef), noodles (YiPPee!), and cookies (Sunfeast) to snacks (Bingo!) and notebooks (Classmate), and so on and so forth.

Go green say hoteliers

Hotels check out new strategies for growth

As reservations plunge, hotels are boosting their banqueting and restaurant business to make up for losses.

Five-star hotels plan more signature restaurants

Leading five-star hotels in the country are taking their signature restaurants to cities across the country, thanks to their success and popularity. Taj Hotels and Palaces in Mumbai will open its signature Japanese restaurant, Wasabi by Morimoto, in Delhi by early next year.

40 years ago and now: ITC struggles to kick tobacco

Forty years on, ironically, the managerial attention to new businesses has meant almost 40 per cent of revenues now come from the non-tobacco business.

Growth expectations and better margins drive gains in hotel stocks

The hospitality industry has seen plenty of interest since the catastrophic impact of the pandemic, which led to losses in FY21. The hotel industry market cap has more than tripled since 2019 on the combination of a strong earnings rebound and positive surprises, as well as three recent listings. The industry has good tailwinds. The anticipation is, demand for rooms will outrun supply for a few years despite capacity expansions.