The company said its performance during the quarter was driven by ‘strong’ revenue growth, on the back of ‘higher’ occupancy and average daily rates across key markets.
“Targeted digital distribution and campaigns and loyalty-led initiatives scaled revenues across key locations,” the chain said in a statement.
ITC Hotels’ room revenue during the quarter grew by 12% driven by the corporate, wedding and MICE segments.
The average daily rates for the quarter grew by 9% and occupancy expanded by 290 bps, resulting in overall consolidated revenue per available room growth of 13%.
Live Events
The chain said its food and beverage (F&B) revenue grew 8% in quarter three, led primarily by banqueting, with momentum across weddings and corporate events.
The chain said demand in luxury, upper upscale and upscale segments remained strong as reflected by higher revenue per available room on the back of festive spending at hotels and
restaurants, and heightened wedding and MICE activity.
It said recent policy measures, including GST rate rationalization and
monetary easing, are expected to sustain discretionary consumer spending in the near term.
As per the chain, the structural supply demand imbalance in the hospitality sector is likely to persist in the medium to long term, with demand-particularly
in premium and leisure segments – continuing to outpace available inventory. “Going forward, the industry outlook
remains positive, supported by sustained consumption trends, positive market sentiment, and broad based growth,” it added.
During the quarter under review, the company opened new hotels in Bodh Gaya, Rishikesh, Siliguri, Sirmaur, Dungarpur and Jaipur.
During calender year 2025, ITC Hotels has signed 28 hotels with 2790 keys, up 26% over 2024.
The company said it crossed 150 operational hotels with over 14,000 keys during the quarter ended December, 2025.