ITC Hotels has delivered a robust performance during the First Quarter of FY25-26, anchored on its commitment to operational excellence and customer satisfaction. Room Revenues delivered strong growth driven by superior performance across Retail, MICE and Wedding segments.

• The ADRs for the quarter grew by 9% and Occupancy by 275 bps, resulting in overall RevPAR growth of 13%. The Company demonstrated its supremacy over the market and commanded a RevPAR premium of 34% over the Industry.

• Food & Beverages (F&B) Revenue also recorded robust growth of 13% driven by Banqueting and Outdoor catering. The Business continued to delight its guests through innovative culinary offerings and strategic refresh of F&B outlets. The Business’s signature F&B Brand ‘Avartana’, made an international debut with a pop-up event in France in April’25, showcasing its innovative approach to regional heritage cuisine.

• EBITDA margin stood at 32% and expanded by 130 bps on a comparable basis, driven by higher RevPARs, growth in F&B revenue, higher management fees, structural cost interventions and operating leverage.

• The Company achieved a key milestone, crossing 200 hotels mark - with 143 operational and 58 hotels in pipeline. During the quarter, the Company signed 8 hotels with appx. 700 keys in aggregate; at key locations viz. Bodhgaya, Dehradun, Goa, Lucknow, Manesar, Mysore, Ranthambore and Vrindavan.

• The Company’s ‘Asset-Right’ strategy envisages driving accelerated capital-efficient growth by focusing on strong partnerships with asset owners, leveraging brand credentials and providing operational expertise. The Company’s presence has expanded to Tier 2 and 3 cities, where demand for premium hospitality is rapidly increasing.

• The Business continues to witness growing interest amongst property owners to partner with its iconic brands resulting in healthy generation of leads and pipeline of management contracts. The Company has a robust pipeline of 58 Hotels with over 5300 keys with high salience of brownfield assets.

• The Company is targeting to reach 220 operational hotels and over 20,000 keys by 2030.

• The Company continues to make progress towards scaling its portfolio of Owned hotel rooms with investments in greenfield hotel projects at Puri and Vishakhapatnam and addition of a new block at its existing hotel at Bhubaneshwar.

• The Company launched its first international property ITC Ratnadipa 2 in April 2024 at Colombo, Sri Lanka.

• The hotel, providing discerning business and leisure travellers the ultimate luxury hospitality experience, is scaling up well. Within a short span of time, the hotel has acquired market leadership.

• The Company launched its all-new Club ITC loyalty programme. This reimagined programme is designed to offer a seamless and elevated experience across every touchpoint. The refreshed programme inter-alia introduces a tier-based earning system, an upgraded digital interface, ensuring members enjoy instant gratification and a milestone-based rewards system, making every interaction more delightful. Further, the signature Culinaire programme is now seamlessly integrated with Club ITC, enriching the customer experiences.

• During the Quarter, ITC Grand Bharat, Gurugram, was awarded with the LEED® ZERO Water certification. ‘ITC Hotels’ - a global exemplar in sustainability takes immense pride with largest number of LEED Platinum® certifications in the world wherein 23 of its hotels have this highest recognition; 12 hotels being LEED® Zero Carbon certified (first 12 in the world) and 9 hotels being LEED® Zero Water certified hotels (first 9 in the world).