INDIA ITC Ltd. expects to have up to 60 new hotel properties operational within four years across India.
The company, which has about 40 hotels under construction by its ITC-Welcomgroup subsidiary, says it will add another 15 to 20 projects to its construction pipeline by next year.
ITC-Welcomgroup operates four brands: ITC Hotels Luxury Collection, WelcomHotels, Fortune Hotels and WelcomHeritage. The Gurgaon-based company has approximately 116 hotels open, comprising more than 7,300 guestrooms.