Travel Guides & Articles
India’s ITC Hotels Soars with 53% Profit Surge in Q1 FY26, Updates You Need to Know

Wednesday, July 23, 2025
India’s hospitality business has got a strong uplift with ITC Hotels announcing a robust 53 per cent surge in net profit for the quarter ending June 2026. It represents one of the biggest acquisitions in the company’s recent history and a testament to the resilience in its strategy and business in a post-pandemic revival in travel trends.
Record-Breaking Financial Results
ITC Hotels has reported its best ever quarterly numbers, as per a report by Times of India. Revenue stong, surged 20 percent YoY to $103.2M; net income: $16.08M. The sizeable earnings growth is mainly driven by higher occupancy, higher average daily rates and margin expansion in most segments of the hotel business.
This is particularly significant, given that this is an evenly sustained bounce-back in both large urban markets and smaller urban markets, which does indicate a widespread resurgence in travel demand.
Expanding Portfolio Across India
ITC Hotels is now a force to reckon with in the hospitality industry in India. It now has a portfolio of more than 200 properties, 143 of which are in operation and another 58 under development. The pipeline hotels total more than 5,300 new rooms set to open in the next few years.
Over the last 24 months, the company has signed 55 new properties and opened 25. This speedy growth is an indication of both ITC’s aspirations and its ability to implement its plans at the grassroots.
Ambitious 2030 Vision
ITC Hotels is focused upon its fortune500 aspiration of 220 operating hotels with over 20,000 keys by the year 2030. The business plans to do so via its “asset-right” strategy — a capital-light model that values partnerships with property owners over direct investment in land and infrastructure.
With this model, ITC Hotels can expand rapidly and efficiently with solid brand standards and consistent guest experiences. The tactic is consistent with the current business models in the hospitality industry, in which operational efficiency and brand, rather than owning physical assets, are the defining factors.
Welcomhotel Prayagraj Strengthens Tier 2 Focus
ITC’s foray in emerging cities is exemplified by the opening of its latest hotel, Welcomhotel Prayagraj in Uttar Pradesh. With 60 rooms and extensive banqueting facilities, this new hotel is ideal for both business and leisure travel.
This one will add to 7 ITC Hotels collection in Uttar Pradesh and take up the number to 13 ITC Hotels in the line-up. The company’s strong presence in the state reinforces its B2R (Beyond the Ratio) strategy of penetrating the Tier 2 and 3 cities where demand for upscale hospitality is rising on the back of urbanization, enhanced connectivity and increased disposable income.
Structural Shift Through Demerger
ITC Ltd has demerged the hotel business into ITC Hotels Ltd as part of its strategic restructuring of the company. The demerger is meant to enable the company to function independently with greater strategic flexibility and a focused mandate for growth.
Industry watchers say that restructuring can bring the focus back to the company, channel more investment on relevant operations, enhanced management efficiency and clearer brand identity, which can translate into better market performance.
Riding The Hospitality Recovery Wave
The overall travel and tourism ecosystem in India is witnessing a robust recovery, and ITC Hotels is positioned to benefit from this momentum. Its diverse brand architecture—including ITC Hotels, Welcomhotel, Fortune Hotels, and Mementos—caters to a wide range of customer needs across price points and geographies.
Beyond expansion, ITC’s focus on wellness, sustainability, and culinary innovation enhances its appeal among experience-driven travelers. This commitment to quality and customer-centric service further strengthens its brand loyalty and market share.
Conclusion
Exceptional performance by ITC Hotels in Q1 FY26 is a milestone in its journey of growth. The 53 percent increase in profit, along with record revenues, is not only yet another indication of a favorable market environment, but also of a company that is confidently executing with clarity.
With strong fundamentals, strategic orientation and a compelling vision of the future, ITC Hotels is well poised to play a key role in moulding the next decade of India’s hospitality space.
Travel Guides & Articles
India’s TBO to acquire Classic Vacations

India based travel distribution platform TBO has agreed to acquire Classic Vacations from Phoenix-based investment firm, The Najafi Companies.
The transaction value is estimated at up to $125 million.
The acquisition brings together TBO’s technology platform and worldwide inventory with Classic Vacations network of luxury travel advisors and suppliers.
Classic Vacations delivered revenue of $111 million and an operating EBITDA of $11.2 million in the fiscal year ended December 31, 2024.
“We’re thrilled to bring Classic Vacations into the TBO family – the company’s longstanding delivery of outstanding services has earned the trust of its more than 10,000 travel advisors in the U.S,” said Gaurav Bhatnagar, TBO’s co-founder and joint managing director.
“Classic Vacations is led by a strong team of experts and will continue as an independent brand.”
“As we start working on integrating Classic Vacations with TBO, we will remain open to similar strategic alliances going forward,” added Ankush Nijhawan, co-founder and co-managing director.
Melissa Krueger, CEO of Classic Vacations, added: “Together, we’re strengthening Classic Vacations’ position as the premier luxury partner in the market while extending our reach onto the global stage.”
Classic Vacations was bought by The Najafi Companies in 2021 from Expedia Group.
Classic Vacations has a large network of high-value travel advisors and deep ties with major American consortia.
It delivers premium service across hotels, air, experiences, car rentals, and travel protection, specializing in bespoke luxury itineraries.
Related News Stories: Partner News – TravelMole
Travel Guides & Articles
Govt allows select minorities to stay in India without passport

The Union Home Ministry on Monday, September 1, issued an order announcing that the government now exempts minority communities, namely, Hindu, Sikh, Buddhist, Jain, Parsi and Christian fleeing religious persecution from Afghanistan, Bangladesh, and Pakistan, who entered the country by December 31, 2024, without requiring valid passports or travel documents.
“A person belonging to a minority community in Afghanistan, Bangladesh and Pakistan, namely, Hindu, Sikh, Buddhist, Jain, Parsi and Christian, who was compelled to seek shelter in India due to religious persecution or fear of religious persecution and entered into India on or before the 31st December, 2024,” read the order from the home ministry.
Interestingly, the order did not name Muslims. This is in line with the BJP-led government’s Citizenship Amendment Act (CAA) that was passed in 2019 to facilitate this. It had le to severe protests from Muslims and other citizens who said the law is discriminatory in nature and that it can also be misused to disenfranchise Muslims in the country.
In fact, over the last few months the central government and BJP-led state governments have been targeting Indian Muslims from West Bengal who were being picked up on false allegations of being Bangladeshi citizens. Several prominent activists including Umar Khalid and Sharjeel Imam are currently in jail having spent nearly five years in prison on charges of inciting riots in Delhi amid the anti-CAA protests.
It was issued as part of a series of directives made public by the Union Home Ministry, under the newly enacted Immigration and Foreigners Act, 2025, which came into effect on Monday, September 1.
The Immigration and Foreigners Bill, 2025, aims to grant the Union government the power to control the entry and exit of individuals into and from India by regulations that outline requirements for travel documents, such as passports, and govern various aspects of foreign nationals’ stay, including visa rules, registration procedures, and other related matters.
Previously, the Citizenship Amendment Act (CAA), which was enforced last year, extended the eligibility for citizenship only to non-Muslim minorities from Afghanistan, Bangladesh, and Pakistan who entered India on or before December 31, 2014.
While the recent directive allows certain individuals to stay in India without documentation if they arrived by December 31, 2024, it doesn’t guarantee citizenship.
In contrast, the 2019 Citizenship Amendment Act offers a path to citizenship for persecuted non-Muslim minorities from Pakistan, Afghanistan, and Bangladesh who entered India before December 2014.
The CAA’s exclusion of Muslims sparked widespread protests and concerns about discrimination, secularism, and potential disenfranchisement.
Travel Guides & Articles
Greenest destinations in India for eco-conscious travellers |

India is a haven for eco-conscious travelers seeking sustainable travel experiences. From lush rainforests to pristine Himalayan valleys, these are the places where natural beauty and responsible tourism go hand in hand. Here is a list of India’s greenest escapes, ideal for travelers who wish to explore and make the most of the outdoors while minimizing their environmental impact.
Mawlynnong, Meghalaya
Known as Asia’s Cleanest Village, Mawlynnong in Meghalaya is a model of sustainable living. Look around you and you will find bamboo dustbins. People do not litter here and they expect the tourists also to respect the village’s ways and not litter. Plastic is banned here. Take out time to explore the living root bridges, and interact with the local community. There are eco-lodges and homestays where visitors can stay, these stays offer authentic experiences.
Thenmala, Kerala
This is India’s first planned eco-tourism destination, Thenmala in Kerala’s Western Ghats offers a sustainable escape amidst evergreen forests. Also known as “Honey Hill,” it features attractions like the Thenmala Dam, Butterfly Safari Park, and Shenduruney Wildlife Sanctuary. For those interested, there are activities like boating, trekking, and rock climbing.
Sikkim
The entire state of Sikkim is a beacon of eco-tourism. Sikkim is recognized for its organic farming and conservation efforts. No wonder, it is also India’s first fully organic state. Sikkim is home to the Khangchendzonga National Park, a UNESCO World Heritage Site, which also boasts diverse flora and fauna, including red pandas and snow leopards. There is no dearth of eco-friendly guesthouses, responsible trekking opportunities, and cultural immersion with Lepcha and Bhutia communities. And last but not least, Sikkim is very clean, thanks to the eco-conscious communities.
Munnar, Kerala
Munnar in Kerala’s Western Ghats, is known for its tea plantations, lush valleys, and biodiversity. It is where you will find the rare Neelakurinji flower and species like the Nilgiri Tahr. Munnar is a great place for those seeking romantic getaways, but it is equally perfect for those seeking adventure activities like trekking and wildlife watching. Eco-resorts and sustainable practices, like waste management and local sourcing, ensure a low environmental footprint.
Spiti Valley, Himachal Pradesh
Monsoon may not be the right time to visit Spiti Valley, but come drier months, Spiti is one of the best in the country. This cold desert in the Himalayas, balances tourism with ecological preservation. Solar-powered homestays and community-based tourism initiatives support local livelihoods while protecting the fragile ecosystem. Travelers can explore ancient monasteries, trek through rugged terrains, and engage with sustainable practices, making Spiti a unique eco-destination. Here, it’s all about green energy and sustainable practices, because the greenery that comes with nature is a bit rare here, thanks to it being a cold desert.
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