ITC Hotels has announced the opening of its 25th property under the distinguished Brand Welcomhotel.
The landmark launch of Welcomhotel Belagavi, Karnataka, is a testament to ITC Hotels’ robust asset-right expansion strategy and reflects the Brand’s ability to adapt to diverse market demands while consistently delivering exceptional service and hospitality. Brand Welcomhotel has witnessed substantial growth, establishing itself as a prominent player in India’s hospitality sector.
The Welcomhotel brand has emerged as a growth driver for ITC Hotels. The Brand opened 7 managed hotels and 3 owned assets with a total of 916 keys over the last 5 years (FY 2019-20 to FY 2023-24). In the last financial year (FY 2023-24) alone, 4 new management deals with 406 keys were signed for the Welcomhotel brand; properties that are set to open over the coming 4-5 years.
Commenting on this milestone, Anil Chadha, Divisional Chief Executive stated, “The expansion of the Welcomhotel brand is a significant achievement for ITC Hotels. Welcomhotel is the new age traveller’s key to curated immersive experiences. Present in locations ranging from hills to beaches, and deserts to cities, the opening and signing of more properties under the brand Welcomhotel is aligned with ITC Hotels’ asset right growth strategy to take our brand and services to tier-2 markets in addition to prime metro cities.
Welcomhotel Belagavi, our 25th property, embodies our endeavour to create unparalleled hospitality experiences, ensuring that guests enjoy a stay that is both luxurious and in harmony with the environment. We look forward to continuing this journey of growth and excellence.”
Basava Prasad Jolle, Managing Director of Jolle Hospitality Group, shared, “Brand Welcomhotel is very popular with guests and we are extremely proud to bring Welcomhotel Belagavi to this city, which boasts a rich cultural heritage and is also a prominent business destination. This hotel is a perfect blend of modern amenities and local cultural elements, providing our guests with a unique and enriching experience.”
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