High land costs, limited space availability and rising development expenses are expected to cap new hotel supply, even as demand remains strong.

ITC Hotels' results show that as long as hotel providers offer a good product, higher room rates are not going to harm ...

Consolidated Revenue from Operations at ₹ 1231 cr. up 21%, EBITDA at ₹ 467 cr. up 23%, and PAT (bei^) at ₹ 307 cr. up 42% ...

Stock market today: The Indian stock market is likely to open flat-to-positive on Tuesday, amid ongoing geopolitical tensions.(Pixabay) Stock market today: The Indian stock market is likely to open ...

Nomura is bullish on ITC Hotels, projecting a 20% upside as the company shifts toward a high-margin management contract model. (Image: Canva) The international brokerage firm Nomura initiated coverage ...

Foreign brokerage Nomura on Wednesday initiated coverage on ITC Hotels Ltd with a 'Buy' rating and a target price of Rs 230, implying 20 per cent upside. The brokerage cited visibility on high ...

Japan-based brokerage Nomura has initiated coverage on ITC Hotels Ltd. with a ‘Buy’ rating and a target price of ₹230, implying about 20 per cent upside from current levels. The brokerage expects ...

Investing.com - Nomura/Instinet initiated coverage on ITC Hotels (NSE:ITCHOTEL) with a Buy rating and a price target of INR230.00. The research firm cited visibility on high-single-digit revenue per ...

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British American Tobacco said it sold 9% of ITC Hotels' stock for $419.8 million, the lower end of the range set on Thursday. The U.K. tobacco group--which makes the Kent and Lucky Strike brands--said ...

British American Tobacco said it plans to sell up to 100% of its stake in ITC Hotels via an accelerated bookbuild process, as it is not a strategic holding for the group. The U.K. tobacco group--which ...