ITC Hotels Share Price History: Growth Over Time

ITC Hotels Ltd, carved out of ITC Limited through a demerger, has quickly established itself as a standalone hospitality company on the stock market. Since its debut on 29 January 2025, the stock has delivered robust returns, buoyed by strong parentage, a premium brand portfolio, and a disciplined asset-light expansion strategy. This article reviews ITC Hotels’ share price journey, its leadership direction, sector comparisons, and why it has become a stock to watch in India’s hospitality space.

Table of Contents

1. Introduction: ITC Hotels – A New Chapter in Hospitality
2. Leadership and Strategic Vision
3. ITC Hotels Share Price Journey: 2025 Snapshot
4. Key Phases and Market Performance
5. ITC Hotels vs. Sector Peers: A Comparative View
6. Future Outlook: ITC Hotels Strategic Roadmap
7. Conclusion
8. FAQs

Introduction: ITC Hotels – A New Chapter in Hospitality

ITC Hotels is one of India’s leading hospitality chains, operating across luxury, premium, upscale and heritage segments under brands such as ITC Hotels, Mementos, WelcomHotel, Storii, Fortune and WelcomHeritage. With 140+ properties and 13,300+ rooms, the company has positioned itself as a key beneficiary of rising domestic travel and premiumisation in the Indian hotel sector.

Following its demerger from ITC Ltd and listing in January 2025, investors finally gained direct exposure to the ITC Hotels business. Strong brand recall, a diverse portfolio, and a capital-light growth strategy underpin its market appeal.

Leadership and Strategic Vision

ITC Hotels’ leadership combines deep hospitality expertise with strong corporate stewardship, ensuring stability during its early listed years.

Leadership Evolution

• Sanjiv Puri (Non-Executive Chairman, since 2024): Provides group-level oversight and governance stability.
• Anil Chadha (MD & Director, since 2024): Hospitality veteran steering operations and brand expansion.
• Supratim Dutta (Non-Executive Director): Brings financial expertise to the board, strengthening post-demerger stability.

Strategic Philosophy

ITC Hotels has consistently prioritised asset-light growth, operational discipline, and long-term brand building over debt-heavy expansion. Its culture of steady, sustainable scaling ensures margin protection, profitability, and resilience against hospitality sector cyclicality.

Wrap-up: Disciplined leadership and a focused, asset-right philosophy provide ITC Hotels with the tools for sustainable value creation.

ITC Hotels Share Price Journey: 2025 Snapshot

Since its listing, ITC Hotels has navigated its first months with resilience, balancing investor enthusiasm with expected early volatility. The stock opened close to its IPO issue price of ₹188 on the BSE and initially dipped before staging a sharp rebound in March. Subsequent months saw a mix of profit booking and renewed buying, reflecting how hospitality demand and sector optimism continue to guide sentiment.

Share Price Performance (Feb 01, 2025 – Sep 01, 2025): 

From its BSE listing price of ₹188 on 29 January 2025, ITC Hotels has climbed to around ₹250 on September 3 2025, delivering an absolute return of nearly +33% in just eight months.

Wrap-up: ITC Hotels’ early performance signals a mix of discovery and conviction, with investors gradually recognising its long-term potential.

Discover more about ITC Hotels share price and its luxury offerings by visiting the company page.

Key Phases and Market Performance

ITC Hotels’ share price journey since listing mirrors the evolving dynamics of India’s hospitality sector. The stock’s movement can be segmented into distinct phases, each influenced by sector demand trends, investor sentiment, and broader market shifts. From an early rebound in March to profit booking in April and steady consolidation by late August, the trajectory underscores how quickly the market is calibrating expectations. This phased view highlights ITC Hotels’ ability to stabilise after initial volatility while steadily gaining investor confidence.

• March 2025 rebound: After a weak February close, the stock bounced back sharply in March, crossing ₹195 as investor appetite returned.
• April 2025 correction: Prices briefly cooled in April, reflecting profit booking and broader market softness.
• May–July 2025 uptrend: Momentum picked up again, with the stock consistently climbing above ₹230, aided by strong hotel sector sentiment.
• August–September 2025 consolidation: Stock price stabilised around ₹240, suggesting investors are now holding the stock for the long term rather than chasing quick gains.

Wrap-up: Over these phases, ITC Hotels has transformed from a volatile new listing into a steadily compounding hospitality stock, rewarding early investors with a ~ 47% absolute return in just eight months.

Looking deeper into ITC Hotels' business model? Read the detailed breakdown of ITC Hotels revenue and competitive positioning to understand how ownership trends align with the company’s long-term growth approach.

ITC Hotels vs. Sector Peers: A Comparative View

While ITC Hotels is still new to the markets, comparing its valuation and returns with peers provides a useful perspective. Indian Hotels (IHCL) and EIH Ltd deliver steadier performance anchored by established brands, while mid-sized players like Chalet Hotels and Lemon Tree command higher multiples on growth optimism. ITC Hotels, meanwhile, trades at levels that reflect strong confidence in its asset-light model and expansion pipeline, despite its shorter history.

Wrap-up: Despite its short trading history, ITC Hotels’ premium valuations signal investor confidence in its growth model, positioning it as a strong emerging contender in India’s hospitality sector.

Future Outlook: ITC Hotels Strategic Roadmap

ITC Hotels’ growth outlook is firmly anchored in its asset-right strategy and the strong tailwinds driving India’s hospitality sector. With premiumisation, rising domestic travel, and government-led infrastructure investments boosting demand, the company is well placed to scale rapidly over the next five years. Its focus on management contracts and franchises reduces capital intensity, allowing faster expansion without stretching the balance sheet. At the same time, its multi-brand portfolio ensures relevance across luxury, premium, and mid-market segments, positioning it to capture a broad spectrum of customers.

Key Strategic Drivers:

• Expansion to 220+ hotels with 20,000+ keys by 2030.
• 70% of new rooms through management contracts/franchises, keeping growth asset-light.
• Strong demand from domestic tourism and infrastructure-driven connectivity.
• Multi-brand presence across segments (ITC Hotels, Mementoes, WelcomHotel, Storii, Fortune, WelcomHeritage).

Wrap-up: With disciplined execution, ITC Hotels can evolve into one of India’s leading hospitality majors, combining brand strength with scalable, capital-light growth.

Discover what’s driving ITC Hotels’ transformation and expansion. You shouldn't miss the visual insight by Zerodha Hindi.

Conclusion: Why ITC Hotels Matters for Investors

ITC Hotels is not yet a decade-tested compounder, but it has quickly positioned itself as a promising hospitality stock. Backed by the ITC Group, it has delivered ~33% absolute returns in under a year while maintaining financial discipline through its asset-light strategy. Its ambitious expansion roadmap and brand equity give it structural growth visibility, though it still faces the test of sustaining performance across cycles.

• Strong Parentage: Backed by ITC Group.
• Early Gains: 33% absolute return since listing.
• Capital-Light Expansion: The asset-right model ensures profitability.
• Hospitality Tailwinds: Rising Domestic Demand Supports Growth.
• Scalable Portfolio: Targeting 220+ hotels by 2030.

Wrap-up: ITC Hotels offers investors an early entry into India’s hospitality boom, with strong fundamentals and a disciplined strategy, though its long-term consistency remains to be tested

FAQs

1. When did ITC Hotels list on the stock market?
On 29 January 2025, after its demerger from ITC Ltd.

2. What returns has the stock delivered since listing?
It has delivered ~47% absolute return as of September 2025.

3. What is ITC Hotels’ growth roadmap?
The company plans to expand to 220+ hotels and 20,000+ keys by 2030 through management contracts and franchises.

4. How does ITC Hotels compare with its peers?
Peers like IHCL and EIH have a larger scale, but ITC Hotels trades at a premium on growth visibility and brand strength.