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Fortune To Open One Hotel Every Month

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Fortune Hotels, a member of ITC’s hotel group, has announced an ambitious plan to open a new hotel every month during the current financial year. This announcement was made by the company’s Managing Director, Samir MC.

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It is a significant milestone in the company’s ‘beyond borders’ expansion strategy, for a presence in South Asia. 

He shared the expansion plans of Fortune Hotels, which has recently opened its first international hotel in Nepal. 

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“Following on the heels of this prestigious opening, we are poised to open at least four to six more hotels in the first half of the fiscal year in unique destinations like Kevadia (Ekta Nagar, Gujarat), Candolim (Goa), Palampur (Himachal Pradesh), and a beach resort in Chennai amongst others and an equal number in H2 (second half: October-March),” Samir said.

The hotel chain aims to expand its presence in South Asia and proximal markets. To achieve this goal, the company plans to open at least four to six more hotels in the first half of the fiscal year in unique destinations such as Kevadia, Candolim, Palampur, and a beach resort in Chennai.

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Fortune Park Hotels Ltd. is a wholly owned subsidiary of ITC Ltd. and is India’s leading chain of First-class, full-service business and leisure hotels.

The plan is to open an equal number of hotels in the second half of the year, aligning with the company’s objective of establishing a new hotel almost every month during this fiscal year.

 

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Written by
Priyal Dutta - Senior Correspondent/Editor

As Senior Correspondent and Editor at Safari India, I write about the people, businesses, and trends shaping the travel, tourism, hospitality, aviation, and lifestyle industries. My work ranges from breaking news and exclusive interviews to in-depth features and industry analysis, with a focus on delivering accurate, balanced, and engaging stories. I enjoy uncovering the details behind every story and presenting them in a way that keeps readers informed and connected to an ever-evolving industry.

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