Hospitality Industry: Relaxation Brings Fortune

Indian hospitality biggie — ITC Hotels — is ready to have properties abroad, after Taj and Oberoi. The chain will be making its international debut with ITC Ratnadipa in Colombo. ITC Hotels, which can soon be hived off from the parent company, plans to have multiple hotels in destinations close to India. Its “asset right” technique of having an even bigger administration portfolio has helped it open 24 properties within the final 24 months.

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