ITC to expand presence in AP, TG

ITC Hotels Limited has announced the signing of definitive agreements with DSR Hospitality Services for two new managed hotels in Nellore and Hyderabad under its Welcomhotel by ITC Hotels brand. With these two additions, ITCHL is set to expand its presence in Andhra Pradesh and Telangana.

According to a press release, Brand Welcomhotel continues to grow through the asset right strategy, expanding its visibility across India by associating with hotel developers for new management opportunities. Welcomhotel by ITC Hotels Hyderabad Panjagutta will feature 117 rooms and over 800 square meters of meeting space.

Welcomhotel by ITC Hotels Nellore will feature 127 rooms and over 2600 square meters of meeting space.

Commenting on the two new signings, Anil Chadha, Managing Director, ITC Hotels Limited (ITCHL), said “We are happy to be associated with DSR Hospitality Services for the Welcome hotel in Hyderabad and Nellore. This is a testament of our vision to pursue strategic growth into new cities and further strengthen ITCHL’s presence across India.” in his remarks, D Sudhakar Reddy, Managing Partner of DSR Hospitality Services, said "We are delighted to announce our alliance with ITC Hotels for the development of our upcoming properties in Hyderabad and Nellore under the Welcomhotel by ITC Hotels brand".