ITC Hotels takes 100% ownership of Zuri Hotels and Resorts in a Rs 205 crore EV deal, expanding its hospitality footprint via inorganic growth. The transaction signals continued consolidation in India's branded hotel segment as listed players absorb regional chains.

NDTV Profit · 5/18/2026, 2:14:51 AM

ITC Hotels posted Q4FY26 PAT of Rs 315.9 cr (+23% YoY) on revenue of Rs 1,253.7 cr (+18.2% YoY), and announced acquisition of Zuri Hotels and Resorts at an enterprise value of Rs 205 cr — adding inventory as the listed hospitality arm scales post-demerger.

Business Today · Latest · 5/18/2026, 1:52:54 AM