ITC Hotels Accelerates Growth: 14 Fortune Hotels Signed, 7 Opened in FY 2024-25

ITC Hotels Accelerates Growth: 14 Fortune Hotels Signed, 7 Opened in FY 2024-25

ITC Hotels Accelerates Growth: 14 Fortune Hotels Signed, 7 Opened in FY 2024-25
Brand expands presence to 78 hotels across 65+ cities in India and Nepal, strengthening its hold in tier 2 and tier 3 markets.

Fortune, a member of ITC’s hotel group, completed another successful year of expansion by adding new hotel signings and openings in Financial Year 2024-25. The newly opened and upcoming properties are strategically spread across emerging markets and key destinations, reinforcing the brand’s commitment to the upscale and midmarket segments, especially in tier 2 and tier 3 cities.

As per recent media report, During the year, Fortune opened six new hotels across India in Pahalgam, Puri, Chennai, Candolim (Goa), Palampur (Himachal Pradesh), and Ekta Nagar (Gujarat), along with its first international hotel in Nepal at Bhaktapur. The latest signings will further amplify the brand’s presence in cities such as Goa, Kolkata, Chennai, Rishikesh, Indore, Bhimtal, Mukteshwar, Gorakhpur, Mohali, Surat, and Ayodhya.

As of 31st March 2025, Brand Fortune boasts a portfolio of 78 hotels, including 56 operational properties across India and Nepal, and 22 hotels in the pipeline.

 “As we enter this new financial year, we reaffirm our commitment to sustained growth and excellence in hospitality. It is indeed a matter of delight to announce our new openings and signings in both emerging and established hotel markets in India and Nepal,” said Anil Chadha, Managing Director, ITC Hotels Limited. “This footprint expansion endeavours to offer travellers access to prime locations and Fortune’s comfortable hospitality. Our teams at these new properties will continue to create memorable stays — be it for business, leisure, or destination events.”

With these developments, Fortune Hotels now has alliances in over 65 cities across India and Nepal.

 

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