ITC Hotels is evaluating multiple opportunities to operate luxury and premium hotels in Dubai as the group looks to revive tourism and business activity amid the ongoing US-Iran conflict, the company’s managing director Anil Chadha told Times of India’s Saurabh Sinha.
The second-most valuable Indian hotel company by market capitalisation is also looking to expand in other “proximal” international markets. ITC Hotels currently operates a property in Sri Lanka and is set to open a hotel in Nepal shortly.
