ITC to open 60 new hotels in India by 2014

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.